Landal Belvedere Developments Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 12598903 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st May 2023

for

Landal Belvedere Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Anderson

REGISTERED OFFICE:

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

REGISTERED NUMBER:

12598903 (England and Wales)

ACCOUNTANTS:

Field & Co LLP

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

FIXED ASSETS

Tangible assets

4

2,560

3,200

CURRENT ASSETS

Debtors

5

1,959,943

214,129

Cash at bank and in hand

202,340

30,210

2,162,283

244,339

CREDITORS

Amounts falling due within one year

6

3,547,660

173,275

NET CURRENT (LIABILITIES)/ASSETS

(1,385,377

)

71,064

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,382,817

)

74,264

PROVISIONS FOR LIABILITIES

7

(486

)

-

ACCRUALS AND DEFERRED INCOME

1,365,888

-

NET (LIABILITIES)/ASSETS

(17,415

)

74,264

CAPITAL AND RESERVES

Called up share capital

8

300

300

Retained earnings

9

(17,715

)

73,964

SHAREHOLDERS' FUNDS

(17,415

)

74,264

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st May 2024 and were signed by:

Mr A Anderson - Director

1.	STATUTORY INFORMATION

Landal Belvedere Developments 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 NIL (2022 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st June 2022

and 31st May 2023

5,000

DEPRECIATION

At 1st June 2022

1,800

Charge for year

640

At 31st May 2023

2,440

NET BOOK VALUE

At 31st May 2023

2,560

At 31st May 2022

3,200

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/23

31/5/22

£

£

Trade debtors

204,129

204,129

Amounts owed by group undertakings

1,544,606

10,000

Other debtors

211,208

-

1,959,943

214,129

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/23

31/5/22

£

£

Trade creditors

10,652

1

Amounts owed to group undertakings

3,505,679

-

Taxation and social security

31,329

171,877

Other creditors

-

1,397

3,547,660

173,275

7.	PROVISIONS FOR LIABILITIES

31/5/23

31/5/22

£

£

Deferred tax

486

-

Deferred

tax

£

Provided during year

486

Balance at 31st May 2023

486

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/23

31/5/22

value:

£

£

300

Ordinary Share

£1

300

300

9.

RESERVES

Retained

earnings

£

At 1st June 2022

73,964

Deficit for the year

(91,679

)

At 31st May 2023

(17,715

)