Caseware UK (AP4) 2024.0.164 2024.0.164 2023-11-302023-11-30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-12-01No description of principal activity11falsefalse 09781945 2022-12-01 2023-11-30 09781945 2021-12-01 2022-11-30 09781945 2023-11-30 09781945 2022-11-30 09781945 c:Director1 2022-12-01 2023-11-30 09781945 d:CurrentFinancialInstruments 2023-11-30 09781945 d:CurrentFinancialInstruments 2022-11-30 09781945 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 09781945 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 09781945 d:ShareCapital 2023-11-30 09781945 d:ShareCapital 2022-11-30 09781945 d:RetainedEarningsAccumulatedLosses 2023-11-30 09781945 d:RetainedEarningsAccumulatedLosses 2022-11-30 09781945 c:FRS102 2022-12-01 2023-11-30 09781945 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09781945 c:FullAccounts 2022-12-01 2023-11-30 09781945 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09781945 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 09781945









LIPMAN REAL ESTATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
LIPMAN REAL ESTATES LIMITED
REGISTERED NUMBER: 09781945

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors
 4 
374,845
366,365

Cash at bank and in hand
 5 
57,614
47,605

  
432,459
413,970

Creditors: amounts falling due within one year
 6 
(418,337)
(399,818)

Net current assets
  
 
 
14,122
 
 
14,152

Total assets less current liabilities
  
14,122
14,152

  

Net assets
  
14,122
14,152


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
14,120
14,150

  
14,122
14,152

Page 1

 
LIPMAN REAL ESTATES LIMITED
REGISTERED NUMBER: 09781945
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Adam Lipman
Director

Date: 28 August 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
LIPMAN REAL ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Lipman Real Estates Limited is a private company limited by shares and incorporated in England and Wales. Its registered number is 09781945 and registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom W1W 6XH.
The financial statements are presented in sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
LIPMAN REAL ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

2023
2022
£
£

Wages and salaries
4,637
-

4,637
-


The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£



Trade debtors
19,253
11,528

Other debtors
354,835
354,837

Prepayments and accrued income
757
-

374,845
366,365



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
57,614
47,605

57,614
47,605


Page 4

 
LIPMAN REAL ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
-
(26,000)

Trade creditors
15,821
3,547

Amounts owed to group undertakings
365,717
360,780

Corporation tax
3,286
2,530

Other creditors
30,739
52,741

Accruals and deferred income
2,774
6,220

418,337
399,818


Page 5