Company registration number 11282843 (England and Wales)
LOUISE'S LETS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
LOUISE'S LETS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2
Notes to the financial statements
3 - 5
LOUISE'S LETS LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr A C Uncles
Mrs L Uncles
Company number
11282843
Registered office
30 - 31 St James Place
Mangotsfield
Bristol
South Glos.
United Kingdom
BS16 9JB
Accountants
TC Group
30-31 St. James Place
Mangotsfield
Bristol
United Kingdom
BS16 9JB
LOUISE'S LETS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,518
-
0
Current assets
Cash at bank and in hand
8,925
19,052
Creditors: amounts falling due within one year
5
(4,316)
(13,002)
Net current assets
4,609
6,050
Net assets
6,127
6,050
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
6,027
5,950
Total equity
6,127
6,050

For the financial year ended 31 March 2025 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 21 May 2025 and are signed on its behalf by:
Mrs L Uncles
Director
Company registration number 11282843 (England and Wales)
LOUISE'S LETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Louise's Lets Limited is a private company limited by shares incorporated in England and Wales. The registered office is 30 - 31 St James Place, Mangotsfield, Bristol, South Glos., United Kingdom, BS16 9JB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% on Reducing Balance
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

LOUISE'S LETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

 

In the opinion of the directors there are no significant judgements or areas of estimation uncertainty.

 

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
-
0
LOUISE'S LETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
-
0
Additions
1,584
At 31 March 2025
1,584
Depreciation and impairment
At 1 April 2024
-
0
Depreciation charged in the year
66
At 31 March 2025
66
Carrying amount
At 31 March 2025
1,518
At 31 March 2024
-
0
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
1,470
3,010
Other creditors
2,846
9,992
4,316
13,002
2025-03-312024-04-01falsefalsefalseCCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr A C UnclesMrs L Uncles112828432024-04-012025-03-3111282843bus:Director12024-04-012025-03-3111282843bus:Director22024-04-012025-03-3111282843bus:RegisteredOffice2024-04-012025-03-31112828432025-03-31112828432024-03-3111282843core:OtherPropertyPlantEquipment2025-03-3111282843core:OtherPropertyPlantEquipment2024-03-3111282843core:CurrentFinancialInstrumentscore:WithinOneYear2025-03-3111282843core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3111282843core:CurrentFinancialInstruments2025-03-3111282843core:CurrentFinancialInstruments2024-03-3111282843core:ShareCapital2025-03-3111282843core:ShareCapital2024-03-3111282843core:RetainedEarningsAccumulatedLosses2025-03-3111282843core:RetainedEarningsAccumulatedLosses2024-03-3111282843core:ComputerEquipment2024-04-012025-03-31112828432023-04-012024-03-3111282843core:OtherPropertyPlantEquipment2024-03-3111282843core:OtherPropertyPlantEquipment2024-04-012025-03-3111282843bus:PrivateLimitedCompanyLtd2024-04-012025-03-3111282843bus:SmallCompaniesRegimeForAccounts2024-04-012025-03-3111282843bus:FRS1022024-04-012025-03-3111282843bus:AuditExemptWithAccountantsReport2024-04-012025-03-3111282843bus:FullAccounts2024-04-012025-03-31xbrli:purexbrli:sharesiso4217:GBP