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Registered number: 13562260
LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2024
Pearl Accountants Limited
ICAEW, ATT
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—6
Page 1
Company Information
Directors Lucas Demange
Paul Antoine Bernard Merle
Gilles Roger Demange
Company Number 13562260
Registered Office 7-9 Wigmore Street
London
United Kingdom
W1U 1PB
Accountants Pearl Accountants Limited
Suite 2, First Floor Profile West
950 Great West Road
Brentford
TW8 9ES
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Page 2
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED for the year ended 30 September 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED and state those matters that we have agreed to state to the directors of LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED and its directors, as a body, for our work or for this report.
It is your duty to ensure that LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED . You consider that LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
18/06/2025
Pearl Accountants Limited
Suite 2, First Floor Profile West
950 Great West Road
Brentford
TW8 9ES
Page 2
Page 3
Balance Sheet
Registered number: 13562260
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,826 29,524
20,826 29,524
CURRENT ASSETS
Stocks 5 261,196 155,845
Debtors 6 302,647 392,840
Cash at bank and in hand 248,744 181,513
812,587 730,198
Creditors: Amounts Falling Due Within One Year 7 (438,383 ) (287,498 )
NET CURRENT ASSETS (LIABILITIES) 374,204 442,700
TOTAL ASSETS LESS CURRENT LIABILITIES 395,030 472,224
Creditors: Amounts Falling Due After More Than One Year 8 (205,757 ) (400,832 )
NET ASSETS 189,273 71,392
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 189,173 71,292
SHAREHOLDERS' FUNDS 189,273 71,392
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For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 18 June 2025 and were signed on its behalf by:
Lucas Demange
Director
18/06/2025
The notes on pages 5 to 6 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
LONDRES MEUBLES ET DECORATION (L.M.D) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13562260 . The registered office is 7-9 Wigmore Street, London, United Kingdom, W1U 1PB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Presentation currency
Monetary figures for this client's accounts will be reported in United Kingdom, Pounds sterling £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings depreciated on straight line method over 5 years.
Computer Equipment depreciated on straight line method over 3 years.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
2
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 48,154 - 48,154
Additions - 1,083 1,083
As at 30 September 2024 48,154 1,083 49,237
Depreciation
As at 1 October 2023 18,630 - 18,630
Provided during the period 9,631 150 9,781
As at 30 September 2024 28,261 150 28,411
Net Book Value
As at 30 September 2024 19,893 933 20,826
As at 1 October 2023 29,524 - 29,524
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5. Stocks
2024 2023
£ £
Stock 261,196 155,845
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 172,348 71,794
Other debtors 130,299 321,046
302,647 392,840
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 71,820 86,309
Amounts owed to group undertakings 52,107 30,035
Other creditors 228,807 121,333
Taxation and social security 85,649 49,821
438,383 287,498
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 205,757 400,832
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
  100 Ordinary shares of £1 each
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