Letchford Gardens Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08229089 (England and Wales)

LETCHFORD GARDENS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W Yellop

REGISTERED OFFICE:

Second Floor

34 Lime Street

London

EC3M 7AT

REGISTERED NUMBER:

08229089 (England and Wales)

ACCOUNTANTS:

Sinclairs Bartrum Lerner

Chartered Accountants

Second Floor

34 Lime Street

London

EC3M 7AT

CURRENT ASSETS

Debtors

4

4,182

4,575

Cash at bank

13,317

1,811

17,499

6,386

CREDITORS

Amounts falling due within one year

5

552,375

613,155

NET CURRENT LIABILITIES

(534,876

)

(606,769

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(534,876

)

(606,769

)

CREDITORS

Amounts falling due after more than one year

6

39,167

28,000

NET LIABILITIES

(574,043

)

(634,769

)

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

(574,163

)

(634,889

)

SHAREHOLDERS' FUNDS

(574,043

)

(634,769

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st June 2022 and were signed by:

W Yellop - Director

1.	STATUTORY INFORMATION

Letchford Gardens Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

4,182

4,575

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts (see note 7)

10,000

2,000

Trade creditors

7

31

Taxation and social security

14,029

4,936

Other creditors

528,339

606,188

552,375

613,155

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans (see note 7)

39,167

28,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

9,167

4,000

7.

LOANS

During 2020 the company obtained a Bounce Back loan for £50,000. The loan is repayable over 5 years, starting in September 2021. Interest is at a rate of 2.5%.