Lobos Barnet Snowwhite Real Estate Investments Ltd 30/06/2022 iXBRL
Lobos Barnet Snowwhite Real Estate Investments Ltd 30/06/2022 iXBRL
Company registration number:
12701832
Contents
Directors and other information
Accountants report
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Director |
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Company number |
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Registered office |
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Accountants |
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Unit 2 Beverley Court | ||
26 Elmtree Road | ||
Teddington | ||
TW11 8ST | ||
Report to the director on the preparation of the
unaudited statutory financial statements of Lobos Barnet Snowwhite Real Estate Investments Ltd
Year ended 30 June 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lobos Barnet Snowwhite Real Estate Investments Ltd for the year ended 30 June 2022 which comprise the abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are 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.
Our work has been undertaken 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.
Chartered Certified Accountants
Unit 2 Beverley Court
26 Elmtree Road
Teddington
TW11 8ST
31 March 2023
Abridged statement of financial position
30 June 2022
2022 | 2021 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Creditors: amounts falling due | |||||||||
within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year |
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Provisions for liabilities |
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Net liabilities |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholder deficit |
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Director's responsibilities:
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The member has 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
31 March 2023
, and are signed on behalf of the board by:
Director
Company registration number:
12701832
Statement of changes in equity
Year ended 30 June 2022
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 1 July 2020 | - | - | - | ||
Loss for the year |
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Total comprehensive income for the year | - |
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Issue of shares |
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Total investments by and distributions to owners |
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- |
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At 30 June 2021 and 1 July 2021 |
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Loss for the year |
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Total comprehensive income for the year | - |
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At 30 June 2022 |
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Notes to the financial statements
Year ended 30 June 2022
1.
General information
The company is a private company limited by shares, registered in UK. The address of the registered office is Unit 2 Beverley Court, 26 Elmtree Road, Teddington, TW11 8ST.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - |
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Fittings fixtures and equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2021:
1
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5.
Tangible assets
£ | ||
Cost | ||
At 1 July 2021 and 30 June 2022 |
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Depreciation | ||
At 1 July 2021 |
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Charge for the year |
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At 30 June 2022 |
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Carrying amount | ||
At 30 June 2022 |
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At 30 June 2021 |
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6.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | ||||
2022 | ||||
Balance brought forward | Advances /(credits) to the director | Balance o/standing | ||
£ | £ | £ | ||
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2021 | ||||
Balance brought forward | Advances /(credits) to the director | Balance o/standing | ||
£ | £ | £ | ||
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