Company Registration No. 10192253 (England and Wales)
L M Property Rentals Ltd
Unaudited accounts
for the year ended 31 March 2025
L M Property Rentals Ltd
Unaudited accounts
Contents
L M Property Rentals Ltd
Company Information
for the year ended 31 March 2025
Company Number
10192253 (England and Wales)
Registered Office
7 Southbrook Road
Bovey Tracey
Newton Abbot
Devon
TQ13 9YZ
England
Accountants
Sean Clarke Accountancy
7 Southbrook Road
Bovey Tracey
Devon
TQ13 9YZ
L M Property Rentals Ltd
Statement of financial position
as at 31 March 2025
Investment property
3,730,471
3,440,471
Cash at bank and in hand
(36,997)
254
Creditors: amounts falling due within one year
(428,531)
(365,190)
Net current liabilities
(457,749)
(357,157)
Total assets less current liabilities
3,272,722
3,083,314
Creditors: amounts falling due after more than one year
(1,990,635)
(1,921,650)
Provisions for liabilities
Deferred tax
(332,020)
(283,450)
Net assets
950,067
878,214
Called up share capital
102
102
Profit and loss account
949,965
878,112
Shareholders' funds
950,067
878,214
For the year ending 31 March 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 19 December 2025 and were signed on its behalf by
Mr L Moss
Director
Company Registration No. 10192253
L M Property Rentals Ltd
Notes to the Accounts
for the year ended 31 March 2025
L M Property Rentals Ltd is a private company, limited by shares, registered in England and Wales, registration number 10192253. The registered office is 7 Southbrook Road, Bovey Tracey, Newton Abbot, Devon, TQ13 9YZ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 April 2024
3,440,471
Net gain from fair value adjustments
255,633
At 31 March 2025
3,730,471
Amounts falling due within one year
Accrued income and prepayments
410
410
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
37,321
37,321
Taxes and social security
3,558
3,558
Other creditors
(71,991)
1,176
Loans from directors
459,463
322,955
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,990,635
1,921,650
L M Property Rentals Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).