LJ Property Investments Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07989876 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

FOR

LJ PROPERTY INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L J Gold

REGISTERED OFFICE:

4 Prince Albert Road

London

NW1 7SN

REGISTERED NUMBER:

07989876 (England and Wales)

ACCOUNTANTS:

Scodie Deyong LLP

Chartered Accountants

4 Prince Albert Road

London

NW1 7SN

CURRENT ASSETS

Cash at bank and in hand

8,227

8,227

CREDITORS

Amounts falling due within one year

4

(10,027

)

(11,634

)

NET CURRENT LIABILITIES

(1,800

)

(3,407

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,800

)

(3,407

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,900

)

(3,507

)

SHAREHOLDERS' FUNDS

(1,800

)

(3,407

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20 October 2021 and were signed by:

L J Gold - Director

1.	STATUTORY INFORMATION

LJ Property Investments Ltd 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.

The balance sheet shows a deficit of £1,800 (2020: £3,407). The director by taking account of all relevant information currently available, considers that the company will be able to meet all debts as they fall due. The director has indicated willingness to support the company for the foreseeable future. Under these circumstances, the director is of the opinion that it is appropriate for the Financial Statements to be prepared on a going concern basis.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Amounts owed to related party

-

500

Other creditors

10,027

11,134

10,027

11,634

5.	RELATED PARTY DISCLOSURES

GG Property Limited

A company in which L J Gold is a shareholder.

During the year under review LJ Property Investments Ltd charged GG Property Ltd £3000 (2020: £Nil) for management services.

31.3.21

31.3.20

£

£

Amount due from/(to) related party at the balance sheet date

3,000

(500

)