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REGISTERED NUMBER: 07431389 (England and Wales)



















BETWEEN LETS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






BETWEEN LETS LIMITED (REGISTERED NUMBER: 07431389)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


BETWEEN LETS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr I Stern





REGISTERED OFFICE: First Floor
94 Stamford Hill
London
N16 6XS





REGISTERED NUMBER: 07431389 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS

BETWEEN LETS LIMITED (REGISTERED NUMBER: 07431389)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 19,627 26,169

CURRENT ASSETS
Stocks 6 10,200 35,500
Debtors 7 30,000 16,024
Cash at bank and in hand 2,060 10,853
42,260 62,377
CREDITORS
Amounts falling due within one year 8 57,906 61,328
NET CURRENT (LIABILITIES)/ASSETS (15,646 ) 1,049
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,981

27,218

CREDITORS
Amounts falling due after more than one
year

9

(3,000

)

(5,000

)

PROVISIONS FOR LIABILITIES 10 (1,475 ) (4,570 )
NET (LIABILITIES)/ASSETS (494 ) 17,648

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (495 ) 17,647
SHAREHOLDERS' FUNDS (494 ) 17,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BETWEEN LETS LIMITED (REGISTERED NUMBER: 07431389)

BALANCE SHEET - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





Mr I Stern - Director


BETWEEN LETS LIMITED (REGISTERED NUMBER: 07431389)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Between Lets Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents management fees receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

BETWEEN LETS LIMITED (REGISTERED NUMBER: 07431389)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

5. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 December 2022
and 30 November 2023 48,970
DEPRECIATION
At 1 December 2022 22,801
Charge for year 6,542
At 30 November 2023 29,343
NET BOOK VALUE
At 30 November 2023 19,627
At 30 November 2022 26,169

6. STOCKS
2023 2022
£    £   
Work-in-progress 10,200 35,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 30,000 5,070
Other debtors - 10,954
30,000 16,024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors - 5,795
Taxation and social security 8,788 950
Other creditors 47,118 52,583
57,906 61,328

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 3,000 5,000

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,475 4,570

BETWEEN LETS LIMITED (REGISTERED NUMBER: 07431389)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 4,570
Credit to Profit and Loss Account during year (3,095 )
Balance at 30 November 2023 1,475

The provision for deferred tax is in respect of accelerated capital allowances, reduced by the availability of tax losses carried forward.

11. RELATED PARTY DISCLOSURES

Other creditors include amounts aggregating £180 (2021: £6,700 debtor) due to (from) a related company under common control.