LCMS Properties Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06332000 (England and Wales)

LCMS PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JULY 2021 TO 31ST DECEMBER 2022

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

3

FIXED ASSETS

Investments

4

15,000

-

CURRENT ASSETS

Debtors

5

-

2,000

Cash at bank

65,000

-

65,000

2,000

NET CURRENT ASSETS

65,000

2,000

TOTAL ASSETS LESS CURRENT LIABILITIES

80,000

2,000

CAPITAL AND RESERVES

Called up share capital

6

15,000

2,000

Retained earnings

65,000

-

SHAREHOLDERS' FUNDS

80,000

2,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3rd August 2023 and were signed on its behalf by:

L Shaw - Director

S A Silver - Director

1.	STATUTORY INFORMATION

LCMS Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06332000

Registered office:

3365 Century Way

Thorpe Park

Leeds

West Yorkshire

LS15 8ZB

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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2021 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

15,000

At 31st December 2022

15,000

NET BOOK VALUE

At 31st December 2022

15,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

-

2,000

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2022

2021

value:

£

£

15,000

Ordinary shares

£1

15,000

2,000

(2021 - 2,000 )

13,000 Ordinary shares of £1 each were allotted at par during the period.