Registered number
14640796
Le Morne Real Estate Ltd
Filleted Accounts
28 February 2025

Le Morne Real Estate Ltd
Registered number: | 14640796
Balance Sheet
as at 28 February 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investment properties | 3 |  |  | 1,076,192 |  |  | 498,309
Current assets
Cash at bank and in hand |  |  | 14,370 |  |  | 38,628
Creditors: amounts falling due within one year | 4 |  | (15,493) |  |  | (17,940)
Net current (liabilities)/assets |  |  |  | (1,123) |  |  | 20,688
Total assets less current liabilities |  |  |  | 1,075,069 |  |  | 518,997
Creditors: amounts falling due after more than one year | 5 |  |  | (870,337) |  |  | (513,498)
Provisions for liabilities |  |  |  | (47,747) |  |  | -
Net assets |  |  |  | 156,985 |  |  | 5,499
Capital and reserves
Called up share capital |  |  |  | 1 |  |  | 1
Revaluation reserve | 6 |  |  | 143,944 |  |  | -
Profit and loss account |  |  |  | 13,040 |  |  | 5,498
Shareholder's funds |  |  |  | 156,985 |  |  | 5,499
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 member has 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.
Krishna Samachetty
Director
Approved by the board on 14 April 2026

Le Morne Real Estate Ltd
Notes to the Accounts
for the year ended 28 February 2025
1 | 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 (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Investment properties
£
| Cost
| At 1 March 2024 | 498,309
| Additions | 386,192
| Surplus on revaluation | 191,691
| At 28 February 2025 | 1,076,192
| Depreciation
| At 28 February 2025 | -
| Net book value
| At 28 February 2025 | 1,076,192
| At 29 February 2024 | 498,309
| Investment Properties | 2025 |  | 2024
£ | £
| Historical cost | 884,500 |  | 498,309
|  |  |  |  |  | - |  | -
|  |  |  |  |  | 884,500 |  | 498,309
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Trade creditors | 13,724 |  | 16,650
| Taxation and social security costs | 1,769 |  | 1,290
|  |  |  |  |  | 15,493 |  | 17,940
5 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 821,384 |  | 449,346
| Other creditors | 48,953 |  | 64,152
|  |  |  |  |  | 870,337 |  | 513,498
6 | Revaluation reserve | 2025 |  | 2024
£ | £
| Gain on revaluation of investment properties | 191,691 |  | -
| Deferred taxation arising on the revaluation on invest. properties | (47,747) |  | -
| At 28 February 2025 | 143,944 |  | -
7 | Other information
| Le Morne Real Estate Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| 231 Dobcroft Road
| Sheffield
| S11 9LF

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