1 April 2025 false Taxfiler 2024.6 11947243business:PrivateLimitedCompanyLtd2025-04-012026-03-31 119472432025-03-31 119472432025-04-012026-03-31 11947243business:AuditExempt-NoAccountantsReport2025-04-012026-03-31 11947243business:FilletedAccounts2025-04-012026-03-31 119472432026-03-31 11947243business:Director12025-04-012026-03-31 11947243business:Director22025-04-012026-03-31 11947243business:RegisteredOffice2025-04-012026-03-31 119472432025-03-31 11947243core:WithinOneYear2026-03-31 11947243core:WithinOneYear2025-03-31 11947243core:AfterOneYear2026-03-31 11947243core:AfterOneYear2025-03-31 11947243core:ShareCapitalcore:PreviouslyStatedAmount2026-03-31 11947243core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 11947243core:RevaluationReservecore:PreviouslyStatedAmount2026-03-31 11947243core:RevaluationReservecore:PreviouslyStatedAmount2025-03-31 11947243core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-03-31 11947243core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 11947243core:PreviouslyStatedAmount2026-03-31 11947243core:PreviouslyStatedAmount2025-03-31 11947243business:SmallEntities2025-04-012026-03-31 11947243countries:EnglandWales2025-04-012026-03-31 119472432024-04-012025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11947243 (England and Wales)
L&l Residential Ltd Unaudited accounts for the year ended 31 March 2026
L&l Residential Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
L&l Residential Ltd Company Information for the year ended 31 March 2026
Directors
Edward William Lovett Wanda Lovett
Company Number
11947243 (England and Wales)
Registered Office
L&L RESIDENTIAL LTD 128 City Road London EC1V 2NX England
- 3 -
L&l Residential Ltd Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Investment property
4
3,029,999 
2,580,000 
Current assets
Debtors
5
- 
20,000 
Cash at bank and in hand
474,952 
928,038 
474,952 
948,038 
Creditors: amounts falling due within one year
6
(25,301)
(53,175)
Net current assets
449,651 
894,863 
Total assets less current liabilities
3,479,650 
3,474,863 
Creditors: amounts falling due after more than one year
7
(213,828)
(238,606)
Net assets
3,265,822 
3,236,257 
Capital and reserves
Called up share capital
2,447,200 
2,447,200 
Revaluation reserve
289,144 
342,940 
Profit and loss account
529,478 
446,117 
Shareholders' funds
3,265,822 
3,236,257 
For the year ending 31 March 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 16 September 2026 and were signed on its behalf by
Edward William Lovett Director Company Registration No. 11947243
- 4 -
L&l Residential Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
L&l Residential Ltd is a private company, limited by shares, registered in England and Wales, registration number 11947243. The registered office is L&L RESIDENTIAL LTD, 128 City Road, London, EC1V 2NX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2026 
£ 
Fair value at 1 April 2025
2,580,000 
Additions
503,796 
Net loss from fair value adjustments
(53,797)
At 31 March 2026
3,029,999 
During the year, the company disposed of an investment property realising proceeds of £790,000 and a net gain of £110,988, recognised in the profit and loss account.
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
20,000 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
793 
- 
Taxes and social security
24,508 
53,175 
25,301 
53,175 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
213,828 
237,756 
Trade creditors
- 
850 
213,828 
238,606 
- 5 -
L&l Residential Ltd Notes to the Accounts for the year ended 31 March 2026
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 6 -