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REGISTERED NUMBER: 02623508 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Low Lane Properties Ltd.

Low Lane Properties Ltd. (Registered number: 02623508)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Low Lane Properties Ltd.

Company Information
for the Year Ended 31 March 2018







DIRECTORS: S M Scott
C Smith





SECRETARY: S M Scott





REGISTERED OFFICE: 24 Marsh Street
Rothwell
Leeds
West Yorkshire
LS26 0BB





REGISTERED NUMBER: 02623508 (England and Wales)





ACCOUNTANTS: Hope Agar Limited
Chartered Accountants
24a Marsh Street
Rothwell
Leeds
LS26 0BB

Low Lane Properties Ltd. (Registered number: 02623508)

Statement of Financial Position
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 250,000 250,000

CURRENT ASSETS
Cash at bank 12,037 12,296

CREDITORS
Amounts falling due within one year 5 2,741 3,406
NET CURRENT ASSETS 9,296 8,890
TOTAL ASSETS LESS CURRENT
LIABILITIES

259,296

258,890

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 6 107,219 107,219
Retained earnings 152,075 151,669
SHAREHOLDERS' FUNDS 259,296 258,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 Board of Directors on 13 November 2018 and were signed on its behalf
by:



C Smith - Director



S M Scott - Director


Low Lane Properties Ltd. (Registered number: 02623508)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Low Lane Properties 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rents received in the year.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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 (2017 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2017
and 31 March 2018 250,000
NET BOOK VALUE
At 31 March 2018 250,000
At 31 March 2017 250,000

Low Lane Properties Ltd. (Registered number: 02623508)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. INVESTMENT PROPERTY - continued

The investment properties were valued by the Directors at fair value on 31st March 2018 and 31st March 2017.
No corporation tax would be payable if the investment properties were to sold at the value shown in the accounts
due to indexation.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Tax 2,441 1,607
Accrued expenses 300 1,799
2,741 3,406

6. RESERVES
Fair
value
reserve
£   
At 1 April 2017
and 31 March 2018 107,219

7. ULTIMATE CONTROLLING PARTY

There is no controlling party.