LAKES PROPERTY LIMITED

LAKES PROPERTY LIMITED

LAKES PROPERTY LIMITED - Company Information

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LAKES PROPERTY LIMITED

Company Registration Number:
07238566 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

LAKES PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

LAKES PROPERTY LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 751,231 749,876
Total fixed assets: 751,231 749,876
Current assets
Cash at bank and in hand: 63,515 48,543
Total current assets: 63,515 48,543
Creditors: amounts falling due within one year: 4 (656,960) (653,734)
Net current assets (liabilities): (593,445) (605,191)
Total assets less current liabilities: 157,786 144,685
Total net assets (liabilities): 157,786 144,685
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 157,686 144,585
Shareholders funds: 157,786 144,685

The notes form part of these financial statements

LAKES PROPERTY LIMITED

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 May 2018
and signed on behalf of the board by:

Name: M Lake
Status: Director

The notes form part of these financial statements

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 1 1

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Tangible Assets

Total
Cost £
At 01 April 2017 750,406
Additions 1,800
At 31 March 2018 752,206
Depreciation
At 01 April 2017 530
Charge for year 445
At 31 March 2018 975
Net book value
At 31 March 2018 751,231
At 31 March 2017 749,876

LAKES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4. Creditors: amounts falling due within one year note

Taxation and social security costs 2018 7,913 2017 4,698Other Creditors 2018 649,047 2017 649,036