Year Ended
Registration number:
Alexander Lawrence Property Limited
Profit and Loss Account
Year Ended 28 February 2021
The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Alexander Lawrence Property Limited
Balance Sheet
28 February 2021
Note |
2021 |
2020 |
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Fixed assets |
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Tangible assets |
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Current assets |
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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 liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 28 February 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
• |
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• |
The director acknowledges his 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.
Approved and authorised by the director on
......................................... |
Company Registration Number: 11196256
Alexander Lawrence Property Limited
Notes to the Financial Statements
Year Ended 28 February 2021
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
Despite the fact that the Balance Sheet displays net current liabilities, these financial statements have been prepared on a going concern basis due to the ongoing financial support of the director.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Office equipment |
3 years straight line |
Alexander Lawrence Property Limited
Notes to the Financial Statements
Year Ended 28 February 2021
Financial instruments
Classification
• Short term trade and other debtors and creditors;
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Alexander Lawrence Property Limited
Notes to the Financial Statements
Year Ended 28 February 2021
Tangible assets |
Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 March 2020 |
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At 28 February 2021 |
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Depreciation |
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At 1 March 2020 |
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Charge for the year |
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At 28 February 2021 |
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Carrying amount |
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At 28 February 2021 |
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At 29 February 2020 |
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Cash and cash equivalents |
2021 |
2020 |
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Cash at bank |
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Creditors |
Note |
2021 |
2020 |
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Due within one year |
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Other creditors |
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Accruals |
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Corporation tax |
59 |
59 |
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Share capital |
Allotted, called up and fully paid shares
2021 |
2020 |
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No. |
£ |
No. |
£ |
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|
|
1 |
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1 |
Alexander Lawrence Property Limited
Detailed Profit and Loss Account
Year Ended 28 February 2021
2021 |
2020 |
|
Turnover (analysed below) |
- |
3,750 |
Cost of sales (analysed below) |
- |
(2,417) |
Gross profit |
- |
1,333 |
Gross profit (%) |
0% |
35.55% |
Administrative expenses |
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Establishment costs (analysed below) |
- |
(208) |
General administrative expenses (analysed below) |
- |
(742) |
Finance charges (analysed below) |
- |
(73) |
Depreciation costs (analysed below) |
- |
(976) |
- |
(1,999) |
|
Operating loss |
- |
(666) |
Other interest receivable and similar income (analysed below) |
- |
3 |
Loss before tax |
- |
(663) |