Company Registration No. 03649554 (England and Wales)
LAURENT RESIDENTIAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
LAURENT RESIDENTIAL LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
LAURENT RESIDENTIAL LTD
Company Registration No. 03649554
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
50,000
60,000
Tangible assets
4
6,243
787
56,243
60,787
Current assets
Debtors
5
36,788
49,418
Cash at bank and in hand
225,957
247,992
262,745
297,410
Creditors: amounts falling due within one year
6
(39,990)
(51,240)
Net current assets
222,755
246,170
Total assets less current liabilities
278,998
306,957
Creditors: amounts falling due after more than one year
7
-
0
(11,016)
Net assets
278,998
295,941
Capital and reserves
Called up share capital
8
2
2
Profit and loss reserves
278,996
295,939
Total equity
278,998
295,941

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

LAURENT RESIDENTIAL LTD
Company Registration No. 03649554
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 4 December 2025
L Laurent
Director
LAURENT RESIDENTIAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Laurent Residential Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Essex Lodge, 1A Barnes High Street, Barnes, SW13 9LB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the supply of real estate agency services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is over 20 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
over the lease term
Plant and equipment
over 3 years
Motor vehicles
over 5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

LAURENT RESIDENTIAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
5
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2024 and 31 March 2025
200,000
Amortisation and impairment
At 1 April 2024
140,000
Amortisation charged for the year
10,000
At 31 March 2025
150,000
Carrying amount
At 31 March 2025
50,000
At 31 March 2024
60,000
LAURENT RESIDENTIAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2024
2,212
29,308
31,520
Additions
-
0
6,095
6,095
At 31 March 2025
2,212
35,403
37,615
Depreciation and impairment
At 1 April 2024
2,212
28,521
30,733
Depreciation charged in the year
-
0
639
639
At 31 March 2025
2,212
29,160
31,372
Carrying amount
At 31 March 2025
-
0
6,243
6,243
At 31 March 2024
-
0
787
787
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
26,249
36,356
Other debtors
10,539
13,062
36,788
49,418
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
11,017
10,170
Trade creditors
9,794
8,899
Taxation and social security
13,889
26,271
Other creditors
5,290
5,900
39,990
51,240
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
11,016
LAURENT RESIDENTIAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
2 Ordinary shares of £1 each
2
2
2
2
9
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
24,217
37,075
10
Related party transactions

At the balance sheet date the company owed £724 (2024: £103) to the director L Laurent. This balance is interest free and repayable on demand.

2025-03-31 2024-04-01 false false false 04 December 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity L Laurent 03649554 2024-04-01 2025-03-31 03649554 2025-03-31 03649554 2024-03-31 03649554 core:NetGoodwill 2025-03-31 03649554 core:NetGoodwill 2024-03-31 03649554 core:LandBuildings 2025-03-31 03649554 core:OtherPropertyPlantEquipment 2025-03-31 03649554 core:LandBuildings 2024-03-31 03649554 core:OtherPropertyPlantEquipment 2024-03-31 03649554 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 03649554 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03649554 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 03649554 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 03649554 core:CurrentFinancialInstruments 2025-03-31 03649554 core:CurrentFinancialInstruments 2024-03-31 03649554 core:ShareCapital 2025-03-31 03649554 core:ShareCapital 2024-03-31 03649554 core:RetainedEarningsAccumulatedLosses 2025-03-31 03649554 core:RetainedEarningsAccumulatedLosses 2024-03-31 03649554 core:ShareCapitalOrdinaryShareClass1 2025-03-31 03649554 core:ShareCapitalOrdinaryShareClass1 2024-03-31 03649554 bus:Director1 2024-04-01 2025-03-31 03649554 core:Goodwill 2024-04-01 2025-03-31 03649554 core:LeaseholdImprovements 2024-04-01 2025-03-31 03649554 core:PlantMachinery 2024-04-01 2025-03-31 03649554 core:MotorVehicles 2024-04-01 2025-03-31 03649554 2023-04-01 2024-03-31 03649554 core:NetGoodwill 2024-03-31 03649554 core:NetGoodwill 2024-04-01 2025-03-31 03649554 core:LandBuildings 2024-03-31 03649554 core:OtherPropertyPlantEquipment 2024-03-31 03649554 2024-03-31 03649554 core:LandBuildings 2024-04-01 2025-03-31 03649554 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 03649554 core:WithinOneYear 2025-03-31 03649554 core:WithinOneYear 2024-03-31 03649554 core:Non-currentFinancialInstruments 2025-03-31 03649554 core:Non-currentFinancialInstruments 2024-03-31 03649554 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 03649554 bus:OrdinaryShareClass1 2025-03-31 03649554 bus:OrdinaryShareClass1 2024-03-31 03649554 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03649554 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03649554 bus:FRS102 2024-04-01 2025-03-31 03649554 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03649554 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP