LPS ESTATES LTD. Accounts filed on 31-03-2014

false true true true 2013-04-01 2014-03-31 2014-03-31 true 03733192 2013-04-01 2014-03-31 03733192 2012-04-01 2013-03-31 03733192 2014-03-31 03733192 2013-03-31 03733192 2013-03-31 03733192 2012-03-31 03733192 uk-bus:Director1 2013-04-01 2014-03-31 03733192 uk-bus:Director1 2013-04-01 03733192 uk-bus:Director1 2014-03-31 03733192 uk-bus:Director2 2013-04-01 2014-03-31 03733192 uk-bus:Director2 2013-04-01 03733192 uk-bus:Director2 2014-03-31 03733192 uk-bus:CompanySecretary 2013-04-01 2014-03-31 03733192 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-04-01 2014-03-31 03733192 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-04-01 2013-03-31 03733192 uk-gaap:LeasedTangibleFixedAssets 2013-04-01 2014-03-31 03733192 uk-gaap:LeasedTangibleFixedAssets 2012-04-01 2013-03-31 03733192 uk-gaap:NetGoodwill 2013-04-01 2014-03-31 03733192 uk-gaap:NetGoodwill 2012-04-01 2013-03-31 03733192 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-04-01 2014-03-31 03733192 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-04-01 2013-03-31 03733192 uk-bus:AllEntityOfficers 2013-04-01 2014-03-31 03733192 uk-bus:AllEntityOfficers 2012-04-01 2013-03-31 03733192 uk-bus:AllOrdinaryShares 2013-04-01 2014-03-31 03733192 uk-bus:AllOrdinaryShares 2014-03-31 03733192 uk-bus:AllOrdinaryShares 2012-04-01 2013-03-31 03733192 uk-bus:AllOrdinaryShares 2013-03-31 03733192 uk-bus:AllPreferenceShares 2013-04-01 2014-03-31 03733192 uk-bus:AllPreferenceShares 2014-03-31 03733192 uk-bus:AllPreferenceShares 2012-04-01 2013-03-31 03733192 uk-bus:AllPreferenceShares 2013-03-31 03733192 uk-gaap:NetGoodwill 2014-03-31 03733192 uk-gaap:NetGoodwill 2013-03-31 03733192 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-03-31 03733192 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-03-31 03733192 uk-gaap:LandBuildings 2014-03-31 03733192 uk-gaap:LandBuildings 2013-04-01 2014-03-31 03733192 uk-gaap:LandBuildings 2013-03-31 03733192 uk-gaap:PlantMachinery 2014-03-31 03733192 uk-gaap:PlantMachinery 2013-04-01 2014-03-31 03733192 uk-gaap:PlantMachinery 2013-03-31 03733192 uk-gaap:FixturesFittings 2014-03-31 03733192 uk-gaap:FixturesFittings 2013-04-01 2014-03-31 03733192 uk-gaap:FixturesFittings 2013-03-31 03733192 uk-gaap:MotorVehicles 2014-03-31 03733192 uk-gaap:MotorVehicles 2013-04-01 2014-03-31 03733192 uk-gaap:MotorVehicles 2013-03-31 03733192 uk-gaap:OfficeEquipment 2014-03-31 03733192 uk-gaap:OfficeEquipment 2013-04-01 2014-03-31 03733192 uk-gaap:OfficeEquipment 2013-03-31 03733192 uk-bus:RegisteredOffice 2013-04-01 2014-03-31 03733192 uk-gaap:WithinOneYear 2014-03-31 03733192 uk-gaap:WithinOneYear 2013-03-31 03733192 uk-gaap:AfterOneYear 2014-03-31 03733192 uk-gaap:AfterOneYear 2013-03-31 03733192 uk-gaap:BetweenOneFiveYears 2014-03-31 03733192 uk-gaap:BetweenOneFiveYears 2013-03-31 03733192 uk-gaap:MoreThanFiveYears 2014-03-31 03733192 uk-gaap:MoreThanFiveYears 2013-03-31 iso4217:GBP xbrli:pure xbrli:shares

LPS ESTATES LTD.

Company Registration Number:
03733192 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

Company Information
for the Period Ended 31st March 2014

Director:		Mr Toheeb Dosunmu
		Mr Anthony Folivi



Company secretary:		Mr Anthony Folivi



Registered office:		625 High Road


		Leytonstone
		London
		E11 4PA




Company Registration Number:		03733192 (England and Wales)

Abbreviated Balance sheet
As at 31st March 2014

	Notes	2014 £	2013 £
Fixed assets
Tangible assets:	4	10,032	10,410
Total fixed assets:		10,032	10,410
Current assets
Debtors:	5	85,143	77,408
Cash at bank and in hand:		7,595	10,869
Total current assets:		92,738	88,277
Creditors
Creditors: amounts falling due within one year	6	154,430	149,184
Net current assets (liabilities):		( 61,692 )	( 60,907 )
Total assets less current liabilities:		( 51,660 )	( 50,497 )
Creditors: amounts falling due after more than one year:	7	1,015	4,180
Total net assets (liabilities):		( 52,675 )	( 54,677 )

The notes form part of these financial statements

Abbreviated Balance sheet
As at 31st March 2014
continued

	Notes	2014 £	2013 £
Capital and reserves
Called up share capital:	8	100	100
Profit and Loss account:		( 52,775 )	( 54,777 )
Total shareholders funds:		( 52,675 )	( 54,677 )

For the year ending 31 March 2014 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 19 December 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: Mr Toheeb Dosunmu
Status: Director

The notes form part of these financial statements

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention,and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy

The turnover figure shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Office equipment 25% reducing balance

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

4. Tangible assets

	Total
Cost	£
At 01st April 2013:	48,395
Additions:	2,966
At 31st March 2014:	51,361
Depreciation
At 01st April 2013:	37,985
Charge for year:	3,344
At 31st March 2014:	41,329
Net book value
At 31st March 2014:	10,032
At 31st March 2013:	10,410

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

5. Debtors

	2014 £	2013 £
Trade debtors:	7,652	9,822
Other debtors:	77,491	67,586
Total:	85,143	77,408

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

6. Creditors: amounts falling due within one year

	2014 £	2013 £
Bank loans and overdrafts:	3,077	2,846
Trade creditors:	139,457	125,246
Taxation and social security:	4,153	12,356
Other creditors:	7,743	8,736
Total:	154,430	149,184

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

7. Creditors: amounts falling due after more than one year

	2014 £	2013 £
Bank loans and overdrafts:	1,015	4,180
Total:	1,015	4,180

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

8. Called up share capital

Allotted, called up and paid

Previous period			2013
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	100	1.00 1.00	100
Total share capital:			100

Current period			2014
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	100	1.00 1.00	100
Total share capital:			100

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

10 . Transactions with directors


Name of director receiving advance or credit:	Mr Toheeb Dosunmu
Description of the transaction:	Loan from director
Balance at 01st April 2013:	32,671
Advances or credits repaid:	10,197
Balance at 31st March 2014:	22,474

LPS ESTATES LTD. Accounts filed on 31-03-2014