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Registered Number: 10270372
England and Wales

 

 

 

LETS GET REAL ESTATE LTD



Abridged Accounts
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 693,000    693,000 
693,000    693,000 
Current assets      
Cash at bank and in hand 129,585    183,303 
Creditors: amount falling due within one year (5,899)   (7,380)
Net current assets 123,686    175,923 
 
Total assets less current liabilities 816,686    868,923 
Creditors: amount falling due after more than one year (705,852)   (765,852)
Provisions for liabilities (22,063)   (22,063)
Net assets 88,771    81,008 
 

Capital and reserves
     
Called up share capital 1,000    1,000 
Fair Value Reserves 4 94,060    94,060 
Profit and loss account (6,289)   (14,052)
Shareholders' funds 88,771    81,008 
 


For the 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.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 31 December 2025 and were signed on its behalf by:


-------------------------------
Bindu Sharma
Director
1
General Information
LETS GET REAL ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 10270372, registration address 22 MUNDON GARDENS, ILFORD ENGLAND, IG1 4AH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 April 2024 693,000    693,000 
Additions  
Disposals  
At 31 March 2025 693,000    693,000 
Depreciation
At 01 April 2024  
Charge for year  
On disposals  
At 31 March 2025  
Net book values
Closing balance as at 31 March 2025 693,000    693,000 
Opening balance as at 01 April 2024 693,000    693,000 


4.

Fair Value Reserves

2025
£
  2024
£
Undistributable Reserve 94,060    94,060 
94,060    94,060 

2