L & R INVESTMENTS (HENDON) LTD Filleted accounts for Companies House (small and micro)
L & R INVESTMENTS (HENDON) LTD Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
500938
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 November 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
500938
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Notes to the Financial Statements |
Year ended 30 April 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Second Floor, Sutherland House, 70-78 West Hendon Broadway, London, NW9 7ER.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Impairment of fixed assets
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2018:
2
).
5.
Company reorganisation
On 30 April 2018, the company was re-organised to make arrangements whereby half of the portfolio of properties was transferred to Kerria Investments Ltd, a new company controlled by Mr Laurence Elks.
Mr Elks resigned as a director of the company.
The entire share capital of the company is now held by SR Holdings Ltd, a company controlled by Mrs Ruth Oliver, director.
The arrangements were made to allow the company to pursue its objectives with the full consensus of the directors and shareholders.
The arrangements made were taken following the advice provided by specialists in company re-organisation and after receiving professional revaluations of the company properties, and after receiving confirmation of satisfaction of the arrangements by H M Revenue & Customs.
The portfolio of company properties is now based on the professional valuation.
6.
Tangible assets
Land and buildings |
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£ |
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Cost |
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At 1 May 2018 and 30 April 2019 |
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Depreciation |
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At 1 May 2018 and 30 April 2019 |
– |
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Carrying amount |
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At 30 April 2019 |
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At 30 April 2018 |
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Tangible assets held at valuation
7.
Debtors
2019 |
2018 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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– |
Other debtors |
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--------- |
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8.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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9.
Analysis of other comprehensive income
Revaluation reserve |
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£ |
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Year ended 30 April 2018 |
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Revaluation of tangible assets |
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10.
Directors' interest in share capital
11.
Related party transactions