LAKES PROPERTY LIMITED

LAKES PROPERTY LIMITED

LAKES PROPERTY LIMITED - Company Information

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LAKES PROPERTY LIMITED

Company Registration Number:
07238566 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

LAKES PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

LAKES PROPERTY LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 750,787 751,231
Total fixed assets: 750,787 751,231
Current assets
Cash at bank and in hand: 73,650 63,515
Total current assets: 73,650 63,515
Creditors: amounts falling due within one year: 4 (652,869) (656,960)
Net current assets (liabilities): (579,219) (593,445)
Total assets less current liabilities: 171,568 157,786
Total net assets (liabilities): 171,568 157,786
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 171,468 157,686
Shareholders funds: 171,568 157,786

The notes form part of these financial statements

LAKES PROPERTY LIMITED

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 September 2019
and signed on behalf of the board by:

Name: M Lake
Status: Director

The notes form part of these financial statements

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Employees

2019 2018
Average number of employees during the period 1 1

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible Assets

Total
Cost £
At 01 April 2018 752,206
At 31 March 2019 752,206
Depreciation
At 01 April 2018 975
Charge for year 444
At 31 March 2019 1,419
Net book value
At 31 March 2019 750,787
At 31 March 2018 751,231

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Creditors: amounts falling due within one year note

Taxation and Social Security Costs 2019 = £3,467 2018 = £7,913Other Creditors 2019 = £649,402 2018 = £649,047