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Company Registration No. 13150911 (England and Wales)
L.spencer Properties Ltd Unaudited accounts for the year ended 31 January 2025
L.spencer Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
L.spencer Properties Ltd Company Information for the year ended 31 January 2025
Director
L Spencer
Company Number
13150911 (England and Wales)
Registered Office
725 Briercliffe Road Burnley Lancashire BB10 2EZ England
Accountants
Sean Clarke Accountancy 7 Southbrook Road Bovey Tracey Devon TQ13 9YZ
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L.spencer Properties Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
612,000 
193,662 
Current assets
Debtors
5
400 
- 
Cash at bank and in hand
11,973 
21,735 
12,373 
21,735 
Creditors: amounts falling due within one year
6
(107,842)
(93,160)
Net current liabilities
(95,469)
(71,425)
Total assets less current liabilities
516,531 
122,237 
Creditors: amounts falling due after more than one year
7
(196,698)
(119,243)
Provisions for liabilities
Deferred tax
(66,754)
- 
Net assets
253,079 
2,994 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
252,979 
2,894 
Shareholders' funds
253,079 
2,994 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 23 July 2025 and were signed on its behalf by
L Spencer Director Company Registration No. 13150911
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L.spencer Properties Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
L.spencer Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13150911. The registered office is 725 Briercliffe Road, Burnley, Lancashire, BB10 2EZ, England.
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.
4
Investment property
2025 
£ 
Fair value at 1 February 2024
193,662 
Additions
66,999 
Net gain from fair value adjustments
351,339 
At 31 January 2025
612,000 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
400 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
540 
Amounts owed to group undertakings and other participating interests
31,019 
- 
Taxes and social security
- 
679 
Other creditors
600 
- 
Loans from directors
76,223 
91,941 
107,842 
93,160 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
196,698 
119,243 
- 5 -
L.spencer Properties Ltd Notes to the Accounts for the year ended 31 January 2025
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -