1 November 2023 false Taxfiler 2024.6 09234291business:PrivateLimitedCompanyLtd2023-11-012024-10-31 092342912023-10-31 092342912023-11-012024-10-31 09234291business:AuditExemptWithAccountantsReport2023-11-012024-10-31 09234291business:FilletedAccounts2023-11-012024-10-31 092342912024-10-31 09234291business:Director12023-11-012024-10-31 09234291business:Director22023-11-012024-10-31 09234291business:RegisteredOffice2023-11-012024-10-31 092342912023-10-31 09234291core:WithinOneYear2024-10-31 09234291core:WithinOneYear2023-10-31 09234291core:AfterOneYear2024-10-31 09234291core:AfterOneYear2023-10-31 09234291core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 09234291core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 09234291core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 09234291core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 09234291core:PreviouslyStatedAmount2024-10-31 09234291core:PreviouslyStatedAmount2023-10-31 09234291business:SmallEntities2023-11-012024-10-31 09234291countries:EnglandWales2023-11-012024-10-31 09234291core:ComputerEquipment2023-11-012024-10-31 09234291core:LandBuildings2023-10-31 09234291core:ComputerEquipment2023-10-31 09234291core:LandBuildings2023-11-012024-10-31 09234291core:LandBuildings2024-10-31 09234291core:ComputerEquipment2024-10-31 092342912022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 09234291 (England and Wales)
LWJ Estates Limited Unaudited accounts for the year ended 31 October 2024
LWJ Estates Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
LWJ Estates Limited Company Information for the year ended 31 October 2024
Directors
Liaqat Ali Waqas Liaqat
Company Number
09234291 (England and Wales)
Registered Office
Unit 1, 50 James Road Tyseley Birmingham West Midlands B11 2BA United Kingdom
Accountants
Younis Bhatti & Co Ltd 93 Broad Street Birmingham West Midlands B15 1AU
- 3 -
LWJ Estates Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,243,120 
3,468,229 
Current assets
Debtors
5
7,600 
13,217 
Cash at bank and in hand
14,257 
13,997 
21,857 
27,214 
Creditors: amounts falling due within one year
6
(73,828)
(311,682)
Net current liabilities
(51,971)
(284,468)
Total assets less current liabilities
3,191,149 
3,183,761 
Creditors: amounts falling due after more than one year
7
(3,040,317)
(3,117,199)
Net assets
150,832 
66,562 
Capital and reserves
Called up share capital
7 
7 
Profit and loss account
150,825 
66,555 
Shareholders' funds
150,832 
66,562 
For the year ending 31 October 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 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 23 September 2025 and were signed on its behalf by
Liaqat Ali Director Company Registration No. 09234291
- 4 -
LWJ Estates Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
LWJ Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 09234291. The registered office is Unit 1, 50 James Road, Tyseley, Birmingham, West Midlands, B11 2BA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
15%
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
3,467,612 
7,618 
3,475,230 
Transfer to investment property
(224,493)
- 
(224,493)
At 31 October 2024
3,243,119 
7,618 
3,250,737 
Depreciation
At 1 November 2023
- 
7,001 
7,001 
Charge for the year
- 
616 
616 
At 31 October 2024
- 
7,617 
7,617 
Net book value
At 31 October 2024
3,243,119 
1 
3,243,120 
At 31 October 2023
3,467,612 
617 
3,468,229 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,617 
Other debtors
7,600 
7,600 
7,600 
13,217 
- 5 -
LWJ Estates Limited Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,379 
8,977 
Trade creditors
- 
239,856 
Taxes and social security
63,849 
41,447 
Other creditors
1,600 
21,402 
73,828 
311,682 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,946,982 
2,034,925 
Other creditors
220,134 
220,134 
Loans from directors
873,201 
862,140 
3,040,317 
3,117,199 
8
Average number of employees
During the year the average number of employees was 6 (2023: 8).
- 6 -