Registered number
10134657
LAE Property Ltd
Unaudited Filleted Accounts
30 April 2025

LAE Property Ltd
Registered number: | 10134657
Balance Sheet
as at 30 April 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Current assets
Stocks |  |  | 230,042 |  |  | -
Debtors | 5 |  | 48,016 |  |  | 47,343
Cash at bank and in hand |  |  | 1,131 |  |  | 1,979
|  |  | 279,189 |  |  | 49,322
Creditors: amounts falling due within one year | 6 |  | (237,021) |  |  | (1,634)
Net current assets |  |  |  | 42,168 |  |  | 47,688
Total assets less current liabilities |  |  |  | 42,168 |  |  | 47,688
Provisions for liabilities |  |  |  | (6) |  |  | (6)
Net assets |  |  |  | 42,162 |  |  | 47,682
Capital and reserves
Called up share capital |  |  |  | 10 |  |  | 10
Profit and loss account |  |  |  | 42,152 |  |  | 47,672
Shareholders' funds |  |  |  | 42,162 |  |  | 47,682
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr L L Barletta
Director
Approved by the board on 27/01/2026.

LAE Property Ltd
Notes to the Accounts
for the year ended 30 April 2025
1 | Statutory information
| LAE Property Ltd is a private company, limited by shares, registered in England and Wales.
| The company's registered number and registered office address are as below:
| Registered number: | 10134657
| Registered office: | The Grange
|  |  |  | Upsall Road
|  |  |  | South Kilvington
|  |  |  | YO7 2NF
| The presentation currency of the financial statements is the Pound Sterling, which is the
| functional currency of the company, rounded to the nearest £1.
2 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | over 3 years
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
2 | Accounting policies (continued)
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price).
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
3 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 1 |  | 1
4 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant and machinery
£
| Cost
| At 1 May 2024 | 219
| At 30 April 2025 | 219
| Depreciation
| At 1 May 2024 | 219
| At 30 April 2025 | 219
| Net book value
| At 30 April 2025 | -
5 | Debtors | 2025 |  | 2024
£ | £
| Prepayments and accrued income |  | 673 |  | -
| Other debtors | 47,343 |  | 47,343
|  |  |  |  |  | 48,016 |  | 47,343
6 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Trade creditors | 721 |  | 333
| Director's current account | 194,023 |  | 23
| Taxation and social security costs | 381 |  | 381
| Other creditors | 41,896 |  | 897
|  |  |  |  |  | 237,021 |  | 1,634
7 | Related party transactions
| During the year the director advanced £194,000 (2024: £23) to the company and the company repaid £Nil (2024: £Nil) to the director. An amount of £194,023 (2024: £23) remained due to the director at the year end.

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