LAPD Investment Limited
LAPD Investment Limited
Registered number: 10012358
Unaudited ABRIDGED Financial Statements
For The Year Ended
28 February 2022
LAPD Investment Limited
Unaudited Financial Statements
For The Year Ended
28 February 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
Page 1
LAPD Investment Limited
Abridged Balance Sheet
As at
28 February 2022
Abridged Balance Sheet
Registered number:
10012358
For the year ending 28 February 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2022 in accordance with section 444(2A) of the Companies Act 2006.
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | (282,563) | (288,563) | |||
| NET LIABILITIES |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (25,919) | (36,819) | |||
Page 1
Page 2
LAPD Investment Limited
Abridged Balance Sheet (continued)
As at
28 February 2022
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
LAPD Investment Limited
Notes to the Abridged Financial Statements
For The Year Ended
28 February 2022
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Fixtures & Fittings |
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1.5.
Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2022 | 2021 | ||
|---|---|---|---|
| Office and administration |
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Page 3
Page 4
LAPD Investment Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended
28 February 2022
3.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at
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| As at
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| Depreciation | |
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |
| As at
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| As at
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4.
Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts | 266,957 | 266,957 |
5.
Share Capital
| 2022 | 2021 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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6.
Controlling Party
The company's controlling party are the directors by virtue of their shareholding.
7.
General Information
LAPD Investment Limited
Registered number
10012358
is a limited by shares company incorporated in England & Wales. The Registered Office is 925 Finchley Road, London, NW11 7PE.
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