Company Registration No. 9720968 (England and Wales)
Livesey Properties Ltd
Unaudited accounts
for the year ended 31 March 2025
Livesey Properties Ltd
Unaudited accounts
Contents
Livesey Properties Ltd
Company Information
for the year ended 31 March 2025
Directors
Mrs S Wilkinson
Mr A Wilkinson
Company Number
9720968 (England and Wales)
Registered Office
DURHAM HOUSE
14 HIGH ROW
GAINFORD
DL2 3DN
UNITED KINGDOM
Accountants
JLA Accounting Limited
9 Flora Avenue
Darlington
DL3 8PF
Livesey Properties Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
1,550
2,567
Creditors: amounts falling due within one year
(2,109)
(2,326)
Net current assets
2,651
3,422
Total assets less current liabilities
3,033
4,092
Creditors: amounts falling due after more than one year
(128,588)
(133,588)
Net liabilities
(125,555)
(129,496)
Called up share capital
202
202
Profit and loss account
(125,757)
(129,698)
Shareholders' funds
(125,555)
(129,496)
For the year ending 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 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 22 July 2025 and were signed on its behalf by
Mrs S Wilkinson
Director
Company Registration No. 9720968
Livesey Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
Livesey Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 9720968. The registered office is DURHAM HOUSE, 14 HIGH ROW, GAINFORD, DL2 3DN, UNITED KINGDOM.
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.
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:
Plant & machinery
Straight line 20%
Fixtures & fittings
Straight line 20%
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
1,052
3,890
4,942
At 31 March 2025
1,052
3,890
4,942
At 1 April 2024
520
3,752
4,272
Charge for the year
210
78
288
At 31 March 2025
730
3,830
4,560
At 31 March 2025
322
60
382
At 31 March 2024
532
138
670
Amounts falling due within one year
Accrued income and prepayments
3,210
3,181
Livesey Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
992
1,205
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
128,588
133,588
Allotted, called up and fully paid:
100 A Ordinary Shares of £1 each
100
100
100 B Ordinary Shares of £1 each
100
100
2 C Ordinary Shares of £1 each
2
2
9
Transactions with related parties
Rent of £12,000 (2024: £12,000) was paid from Livesey Properties Ltd to A Wilkinson and S Wilkinsons' Pension Scheme.
The balance owed to the directors at the balance sheet date was £128,588 (2024: £133,588), which is included in the Creditors: amounts falling due within one year.
No terms have been agreed for repayment but the directors have given a full undertaking not to seek repayment of any sums which would threaten the solvency position of the company and to underwrite any shortfall.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).