Company Registration No. 09119962 (England and Wales)
Loxbell Limited
Unaudited accounts
for the year ended 31 August 2024
Loxbell Limited
Unaudited accounts
Contents
Loxbell Limited
Company Information
for the year ended 31 August 2024
Company Number
09119962 (England and Wales)
Registered Office
SUITE 2, ELMHURST 98-106 HIGH ROAD
SOUTH WOODFORD
LONDON
LONDON
E18 2QS
ENGLAND
Loxbell Limited
Statement of financial position
as at 31 August 2024
Tangible assets
2,397
3,196
Investment property
2,275,106
2,275,106
Cash at bank and in hand
67,406
27,109
Creditors: amounts falling due within one year
(56,125)
(68,530)
Net current assets/(liabilities)
23,252
(31,848)
Total assets less current liabilities
2,300,755
2,246,454
Creditors: amounts falling due after more than one year
(1,218,687)
(1,232,690)
Net assets
1,082,068
1,013,764
Called up share capital
1
1
Revaluation reserve
600,000
600,000
Profit and loss account
482,067
413,763
Shareholders' funds
1,082,068
1,013,764
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by
A Bean
Director
Company Registration No. 09119962
Loxbell Limited
Notes to the Accounts
for the year ended 31 August 2024
Loxbell Limited is a private company, limited by shares, registered in England and Wales, registration number 09119962. The registered office is SUITE 2, ELMHURST 98-106 HIGH ROAD, SOUTH WOODFORD, LONDON, LONDON, E18 2QS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Loxbell Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings
At 1 September 2023
10,100
Fair value at 1 September 2023
2,275,106
At 31 August 2024
2,275,106
Amounts falling due within one year
Trade debtors
11,971
9,573
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,064
1,525
Taxes and social security
19,813
35,457
Loans from directors
28,548
28,548
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
482,086
482,086
Other creditors
736,601
750,604
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Loxbell Limited
Notes to the Accounts
for the year ended 31 August 2024
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).