L G PROPERTIES MAINTENANCE LIMITED

Registered number

12197349

Filleted Accounts

30 September 2025

L G PROPERTIES MAINTENANCE LIMITED
Registered number:		12197349
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		54,388			38,817

Current assets
Stocks		41,680			38,220
Debtors	4	213,450			133,368
Cash at bank and in hand		169			3,709
		255,299			175,297

Creditors: amounts falling due within one year	5	(53,843)			(19,882)

Net current assets			201,456			155,415

Net assets			255,844			194,232

Capital and reserves
Called up share capital			100			100
Profit and loss account			255,744			194,132

Shareholders' funds			255,844			194,232

The directors are 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 directors acknowledge their 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.




LEONIDA GRAMMOZI
Director
Approved by the board on 13 October 2026

L G PROPERTIES MAINTENANCE LIMITED
Notes to the Accounts
for the year ended 30 September 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.


	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	20% reducing balance
	Motor Vehicles	20% reducing balance


	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. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			6		6


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 October 2024	63,096		12,100		75,196
	Additions	-		29,167		29,167
	At 30 September 2025	63,096		41,267		104,363

	Depreciation
	At 1 October 2024	28,244		8,135		36,379
	Charge for the year	6,970		6,626		13,596
	At 30 September 2025	35,214		14,761		49,975

	Net book value
	At 30 September 2025	27,882		26,506		54,388
	At 30 September 2024	34,852		3,965		38,817

4	Debtors			2025		2024
£					£

	Other debtors			213,450		133,368


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Directors Loan Account			1,894		2,166
	Accountancy			16,500		12,500
	Taxation and social security costs			35,449		5,216
				53,843		19,882


6	Other information

	L G PROPERTIES MAINTENANCE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	286B CHASE ROAD
	SOUTHGATE
	LONDON
	N14 6HF