Lee Properties (Corwen) Ltd 31/03/2023 iXBRL

LEE PROPERTIES CORWEN LTD - Company Information

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Company registration number: 11169314

Lee Properties (Corwen) Ltd

Unaudited filleted financial statements

31 March 2023

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 2023

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 2023 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 loss 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

30 November 2023

Lee Properties (Corwen) Ltd

Statement of financial position

31 March 2023

	2023		2022
	£	£	£	£

Fixed assets		1,279,164		1,031,011
		_______		_______

Current assets	83,244		103,264
Prepayments and accrued income	-		1,113
	_______		_______
		83,244		104,377

Creditors: amounts falling due within one year		( 983,636)		( 734,984)
		_______		_______

Net current liabilities		( 900,392)		( 630,607)
		_______		_______

Total assets less current liabilities		378,772		400,404

Creditors: amounts falling due after more than one year		( 400,000)		( 400,000)

Accruals and deferred income		( 1,205)		( 1,252)

		_______		_______
Net liabilities		( 22,433)		( 848)
		_______		_______

Capital and reserves		( 22,433)		( 848)
		_______		_______

Notes to the financial statements

Lee Properties (Corwen) Ltd

Year ended 31 March 2023

1. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2022: Nil).

2. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2023
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mrs Susan J Edwards	( 244,545)	( 83,334)	-	( 327,879)
	Mr Lawrence Lee	( 244,545)	( 83,334)	-	( 327,879)
	Mr Mark Lee	( 244,546)	( 83,332)	-	( 327,878)
		_______	_______	_______	_______
		( 733,636)	( 250,000)	-	( 983,636)
		_______	_______	_______	_______

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)
		_______	_______	_______	_______

For the year ending 31 March 2023 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 30 November 2023 , 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.