Laurel & Hardy Investments Limited,Ltd - AccountsLtd - Accounts

Laurel & Hardy Investments Limited,Ltd - AccountsLtd - Accounts


2021-10-01 04889922 2022-09-30 04889922 2021-10-01 2022-09-30 04889922 2021-09-30 04889922 2020-10-01 2021-09-30 04889922 uk-core:WithinOneYear 2021-09-30 04889922 uk-core:WithinOneYear 2022-09-30 04889922 uk-core:AfterOneYear 2021-09-30 04889922 uk-core:AfterOneYear 2022-09-30 04889922 uk-core:ShareCapital 2022-09-30 04889922 uk-core:ShareCapital 2021-09-30 04889922 uk-core:RevaluationReserve 2022-09-30 04889922 uk-core:RevaluationReserve 2021-09-30 04889922 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 04889922 uk-core:RetainedEarningsAccumulatedLosses 2021-09-30 04889922 uk-bus:Director1 2021-10-01 2022-09-30 04889922 uk-core:FurnitureFittings 2021-10-01 2022-09-30 04889922 uk-core:AfterOneYear uk-core:Secured 2022-09-30 04889922 uk-core:AfterOneYear uk-core:Secured 2021-09-30 iso4217:GBP xbrli:pure 04889922 uk-bus:AuditExemptWithAccountantsReport 2021-10-01 2022-09-30 04889922 uk-bus:FRS102 2021-10-01 2022-09-30 04889922 uk-bus:FullAccounts 2021-10-01 2022-09-30 04889922 uk-bus:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30
Laurel & Hardy Investments Limited
Registered Number:04889922
For the year ended 30 September 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2022
Laurel & Hardy Investments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04889922
As at 30 September 2022
Laurel & Hardy Investments Limited
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
300,000
300,000
2
300,000
300,000
Current assets
742
Cash and cash equivalents
741
741
742
Trade and other payables: amounts falling due within one
year
(39,831)
(54,329)
3
(39,089)
(53,588)
Net current liabilities
Total assets less current liabilities
246,412
260,911
Trade and other payables: amounts falling due after more
than one year
(49,513)
(34,126)
4
212,286
Net assets
211,398
Capital and reserves
Called up share capital
100
100
Revaluation reserve
167,435
167,435
5
Retained earnings
44,751
43,863
212,286
211,398
Shareholders' funds
For the year ended 30 September 2022 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 of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Paul Louis Viner Director
These financial statements were approved and authorised for issue by the Board on 07 June 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2022
Laurel & Hardy Investments Limited
Notes to the Financial Statements
Statutory Information
Laurel & Hardy Investments Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04889922.
Registered address:
Suite 7 North Wing
Warlies Park House
Horseshow Hill
Upshire
EN9 3SL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20 Straight line
Fixtures and fittings
The company''s freehold properties were professionally valued in 0. This valuation has been reduced by subsequent
depreciation. Under the transitional provisions of the Financial Reporting Standard for Smaller Entities (effective
January 2015) the properties continue to be stated at that valuation less accumulated depreciation to date and that
valuation has not been updated.
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
2. Property, plant and equipment
Land and
buildings
£
Cost or
valuation
At 01 October 2021
300,000
At 30 September 2022
300,000
At 30 September 2022
Net book value
300,000
At 30 September 2021
300,000
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5
For the year ended 30 September 2022
Laurel & Hardy Investments Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Other creditors
54,329
39,831
4. Trade and other payables: amounts falling due after more than one year
2021
2022
£
£
Bank loans and overdraft
-
41,398
Other creditors
34,126
8,115
34,126
49,513
5. Reserves
Total
£
Revaluation reserve at 01 October 2021
167,435
167,435
Revaluation reserve at 30 September 2022
6. Average number of persons employed
During the year the average number of employees was 0
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