LOWE PROPERTY LTD


1 May 2019 false No description of principal activity Taxfiler 2020.16 11302183business:PrivateLimitedCompanyLtd2019-05-012020-04-30 113021832019-04-30 113021832019-05-012020-04-30 11302183business:AuditExempt-NoAccountantsReport2019-05-012020-04-30 11302183business:FullAccounts2019-05-012020-04-30 113021832020-04-30 11302183business:Director12019-05-012020-04-30 11302183business:RegisteredOffice2019-05-012020-04-30 113021832019-04-30 11302183core:WithinOneYear2020-04-30 11302183core:WithinOneYear2019-04-30 11302183core:AfterOneYear2020-04-30 11302183core:AfterOneYear2019-04-30 11302183core:ShareCapital2020-04-30 11302183core:ShareCapital2019-04-30 11302183core:RetainedEarningsAccumulatedLosses2020-04-30 11302183core:RetainedEarningsAccumulatedLosses2019-04-30 11302183business:SmallEntities2019-05-012020-04-30 11302183countries:EnglandWales2019-05-012020-04-30 11302183core:LandBuildings2019-05-012020-04-30 11302183core:LandBuildings2019-04-30 11302183core:LandBuildings2020-04-30 113021832018-05-012019-04-30 iso4217:GBP xbrli:pure
Company Registration No. 11302183 (England and Wales)
LOWE PROPERTY LTD Unaudited accounts for the year ended 30 April 2020
LOWE PROPERTY LTD Unaudited accounts Contents
Page
- 2 -
LOWE PROPERTY LTD Company Information for the year ended 30 April 2020
Director
Helen Mary Lowe
Company Number
11302183 (England and Wales)
Registered Office
22E MONTPELIER ROW LONDON SE3 0RL UNITED KINGDOM
Accountants
RRB Chartered Certified Accountants 101 Whitechapel High Street Aldgate London E1 7RA
- 3 -
LOWE PROPERTY LTD Statement of financial position as at 30 April 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
798,629 
93,608 
Current assets
Cash at bank and in hand
5,364 
27,546 
Creditors: amounts falling due within one year
(350)
(19,178)
Net current assets
5,014 
8,368 
Total assets less current liabilities
803,643 
101,976 
Creditors: amounts falling due after more than one year
(805,131)
(102,959)
Net liabilities
(1,488)
(983)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,489)
(984)
Shareholders' funds
(1,488)
(983)
For the year ending 30 April 2020 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 director acknowledges her 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 and authorised for issue on 3 March 2021 and were signed on its behalf by
Helen Mary Lowe Director Company Registration No. 11302183
- 4 -
LOWE PROPERTY LTD Notes to the Accounts for the year ended 30 April 2020
1
Statutory information
LOWE PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 11302183. The registered office is 22E MONTPELIER ROW, LONDON, SE3 0RL, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 May 2019
93,608 
Additions
705,021 
At 30 April 2020
798,629 
Depreciation
At 30 April 2020
- 
Net book value
At 30 April 2020
798,629 
At 30 April 2019
93,608 
5
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Other creditors
- 
18,458 
Accruals
350 
720 
350 
19,178 
- 5 -
LOWE PROPERTY LTD Notes to the Accounts for the year ended 30 April 2020
6
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
546,682 
- 
Loans from directors
258,449 
102,959 
805,131 
102,959 
7
Average number of employees
During the year the average number of employees was 1 (2019: 1).
- 6 -