Lee Properties (Corwen) Ltd 31/03/2022 iXBRL

Lee Properties (Corwen) Ltd 31/03/2022 iXBRL

LEE PROPERTIES CORWEN LTD - Company Information

Print Friendly Version

0 31/03/2022 2022-03-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2021-04-01 Sage Accounts Production 2020 Update 1 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 11169314 2021-04-01 2022-03-31 11169314 2022-03-31 11169314 2021-03-31 11169314 2020-04-01 2021-03-31 11169314 2021-03-31 11169314 2020-03-31 11169314 bus:RegisteredOffice 2021-04-01 2022-03-31 11169314 bus:LeadAgentIfApplicable 2021-04-01 2022-03-31 11169314 bus:Director1 2021-04-01 2022-03-31 11169314 bus:Director2 2021-04-01 2022-03-31 11169314 bus:Director3 2021-04-01 2022-03-31 11169314 core:WithinOneYear 2022-03-31 11169314 core:WithinOneYear 2021-03-31 11169314 core:AfterOneYear 2022-03-31 11169314 core:AfterOneYear 2021-03-31 11169314 bus:Director1 2021-03-31 11169314 bus:Director1 2022-03-31 11169314 bus:Director2 2021-03-31 11169314 bus:Director2 2022-03-31 11169314 bus:Director3 2021-03-31 11169314 bus:Director3 2022-03-31 11169314 bus:Director1 2020-03-31 11169314 bus:Director1 2021-03-31 11169314 bus:Director2 2020-03-31 11169314 bus:Director2 2021-03-31 11169314 bus:Director3 2020-03-31 11169314 bus:Director3 2021-03-31 11169314 bus:Director1 2020-04-01 2021-03-31 11169314 bus:Director2 2020-04-01 2021-03-31 11169314 bus:Director3 2020-04-01 2021-03-31 11169314 bus:Micro-entities 2021-04-01 2022-03-31 11169314 bus:AuditExemptWithAccountantsReport 2021-04-01 2022-03-31 11169314 bus:FullAccounts 2021-04-01 2022-03-31 11169314 bus:SmallCompaniesRegimeForAccounts 2021-04-01 2022-03-31 11169314 bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31
Company registration number: 11169314
Lee Properties (Corwen) Ltd
Unaudited filleted financial statements
31 March 2022
Lee Properties (Corwen) Ltd
Contents
Directors and other information
Accountant's report
Statement of financial position and notes to the financial statements
Lee Properties (Corwen) Ltd
Directors and other information
Directors Mrs Susan J Edwards
Mr Lawrence Lee
Mr Mark Lee
Company number 11169314
Registered office The Old Barn, Tyn y Minffordd
Llanfwrog
Ruthin
Denbighshire
LL15 2LL
Accountant Lynda Roberts & Co
The Old Barn, Tyn y Minffordd
Llanfwrog
Ruthin
Denbighshire
LL15 2LL
Lee Properties (Corwen) Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Lee Properties (Corwen) Ltd
Year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Lee Properties (Corwen) Ltd for the year ended 31 March 2022 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants , I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Lee Properties (Corwen) Ltd, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Lee Properties (Corwen) Ltd and state those matters that we have agreed to state to the board of directors of Lee Properties (Corwen) Ltd as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Lee Properties (Corwen) Ltd and its board of directors as a body for my work or for this report.
It is your duty to ensure that Lee Properties (Corwen) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lee Properties (Corwen) Ltd. You consider that Lee Properties (Corwen) Ltd is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Lee Properties (Corwen) Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Lynda Roberts & Co
Chartered Certified Accountant
The Old Barn, Tyn y Minffordd
Llanfwrog
Ruthin
Denbighshire
LL15 2LL
18 November 2022
Lee Properties (Corwen) Ltd
Statement of financial position
31 March 2022
2022 2021
£ £ £ £
Fixed assets 1,031,011 997,700
_______ _______
Current assets 103,264 137,904
Prepayments and accrued income 1,113 4,602
_______ _______
104,377 142,506
Creditors: amounts falling due within one year ( 734,984) ( 742,783)
_______ _______
Net current liabilities ( 630,607) ( 600,277)
_______ _______
Total assets less current liabilities 400,404 397,423
Creditors: amounts falling due after more than one year ( 400,000) ( 400,000)
Accruals and deferred income ( 1,252) ( 990)
_______ _______
Net liabilities ( 848) ( 3,567)
_______ _______
Capital and reserves ( 848) ( 3,567)
_______ _______
Notes to the financial statements
Lee Properties (Corwen) Ltd
Year ended 31 March 2022
1. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2021: Nil).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mrs Susan J Edwards ( 245,667) - 1,122 ( 244,545)
Mr Lawrence Lee ( 245,667) - 1,122 ( 244,545)
Mr Mark Lee ( 245,668) - 1,122 ( 244,546)
_______ _______ _______ _______
( 737,002) - 3,366 ( 733,636)
_______ _______ _______ _______
2021
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mrs Susan J Edwards ( 213,678) ( 31,989) - ( 245,667)
Mr Lawrence Lee ( 213,678) ( 31,989) - ( 245,667)
Mr Mark Lee ( 215,990) ( 31,989) 2,311 ( 245,668)
_______ _______ _______ _______
( 643,346) ( 95,967) 2,311 ( 737,002)
_______ _______ _______ _______
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 18 November 2022 , and are signed on behalf of the board by:
Mrs Susan J Edwards
Director
Company registration number: 11169314
The company is a private company limited by shares, registered in England and Wales.