Lansdowne Court Limited 01601024 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is Property Company Digita Accounts Production Advanced 6.30.9574.0 true 01601024 2024-01-01 2024-12-31 01601024 2024-12-31 01601024 core:RetainedEarningsAccumulatedLosses 2024-12-31 01601024 core:ShareCapital 2024-12-31 01601024 core:CurrentFinancialInstruments 2024-12-31 01601024 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01601024 core:LandBuildings 2024-12-31 01601024 bus:SmallEntities 2024-01-01 2024-12-31 01601024 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01601024 bus:FilletedAccounts 2024-01-01 2024-12-31 01601024 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01601024 bus:RegisteredOffice 2024-01-01 2024-12-31 01601024 bus:Director11 2024-01-01 2024-12-31 01601024 bus:Director12 2024-01-01 2024-12-31 01601024 bus:Director17 2024-01-01 2024-12-31 01601024 bus:Director20 2024-01-01 2024-12-31 01601024 bus:Director21 2024-01-01 2024-12-31 01601024 bus:Director22 2024-01-01 2024-12-31 01601024 bus:Director7 2024-01-01 2024-12-31 01601024 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01601024 core:LandBuildings 2024-01-01 2024-12-31 01601024 core:LeaseholdImprovements 2024-01-01 2024-12-31 01601024 core:OtherRelatedParties 2024-01-01 2024-12-31 01601024 countries:UnitedKingdom 2024-01-01 2024-12-31 01601024 2023-12-31 01601024 core:LandBuildings 2023-12-31 01601024 2023-01-01 2023-12-31 01601024 2023-12-31 01601024 core:RetainedEarningsAccumulatedLosses 2023-12-31 01601024 core:ShareCapital 2023-12-31 01601024 core:CurrentFinancialInstruments 2023-12-31 01601024 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 01601024 core:LandBuildings 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 01601024

Lansdowne Court Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Lansdowne Court Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Lansdowne Court Limited

Company Information

Directors

S G S Flint

D B Dale

G Ramsay

A J Miles

R K Dale

TJ Dale

A Darlison

Registered office

Thorneloe
14 Stephenson Road
Worcester
WR1 3JE

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

Lansdowne Court Limited

(Registration number: 01601024)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

4,318

5,409

Current assets

 

Debtors

6

623

675

Cash at bank and in hand

 

8,345

18,624

 

8,968

19,299

Creditors: Amounts falling due within one year

7

(2,793)

(3,063)

Net current assets

 

6,175

16,236

Net assets

 

10,493

21,645

Capital and reserves

 

Called up share capital

12

12

Retained earnings

10,481

21,633

Shareholders' funds

 

10,493

21,645

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 August 2025 and signed on its behalf by:
 

.........................................
R K Dale
Director

   
     
 

Lansdowne Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Thorneloe
14 Stephenson Road
Worcester
WR1 3JE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Improvements to property

10% straight line

 

Lansdowne Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2023 - 7).

4

Loss/profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

1,091

1,091

 

Lansdowne Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5

Tangible assets

Improvements to property
£

Total
£

Cost or valuation

At 1 January 2024

11,069

11,069

At 31 December 2024

11,069

11,069

Depreciation

At 1 January 2024

5,660

5,660

Charge for the year

1,091

1,091

At 31 December 2024

6,751

6,751

Carrying amount

At 31 December 2024

4,318

4,318

At 31 December 2023

5,409

5,409

Included within the net book value of land and buildings above is £4,318 (2023 - £5,409) in respect of freehold land and buildings.
 

6

Debtors

Current

2024
£

2023
£

Trade debtors

-

70

Prepayments

623

605

 

623

675

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

550

550

Other creditors

2,243

2,513

2,793

3,063

 

Lansdowne Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

8

Related party transactions

Summary of transactions with other related parties

The directors are flat dwellers who, in the normal course of business, pay maintenance contributions. Individual contributions payable by the directors are £840.00 per annum per flat.