IRIS Accounts Production v23.3.0.418 08875918 Board of Directors 1.4.22 31.3.23 31.3.23 true false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088759182022-03-31088759182023-03-31088759182022-04-012023-03-31088759182021-03-31088759182021-04-012022-03-31088759182022-03-3108875918ns10:Originalns15:EnglandWales2022-04-012023-03-3108875918ns14:PoundSterlingns10:Original2022-04-012023-03-3108875918ns10:Originalns10:Director12022-04-012023-03-3108875918ns10:Original2022-04-012023-03-3108875918ns10:Original2023-03-3108875918ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3108875918ns10:Originalns10:SmallEntities2022-04-012023-03-3108875918ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3108875918ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108875918ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3108875918ns10:Originalns10:FullAccounts2022-04-012023-03-3108875918ns10:Originalns10:Director22022-04-012023-03-3108875918ns10:Originalns10:RegisteredOffice2022-04-012023-03-3108875918ns10:Original2022-03-3108875918ns10:Originalns5:CurrentFinancialInstruments2023-03-3108875918ns10:Originalns5:CurrentFinancialInstruments2022-03-3108875918ns5:ShareCapitalns10:Original2023-03-3108875918ns5:ShareCapitalns10:Original2022-03-3108875918ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3108875918ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108875918ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3108875918ns10:Original2021-04-012022-03-3108875918ns10:Originalns5:CostValuation2022-03-3108875918ns10:Original2022-03-3108875918ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3108875918ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 08875918 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

LEHAIN & LEHAIN HOLDINGS LIMITED

LEHAIN & LEHAIN HOLDINGS LIMITED (REGISTERED NUMBER: 08875918)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LEHAIN & LEHAIN HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: Mrs J Lehain
D C Lehain





REGISTERED OFFICE: 52 South Street
Cottingham
East Yorkshire
HU16 4AS





REGISTERED NUMBER: 08875918 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

LEHAIN & LEHAIN HOLDINGS LIMITED (REGISTERED NUMBER: 08875918)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3 3
Investment property 5 1,086,279 1,086,279
1,086,282 1,086,282

CURRENT ASSETS
Debtors 6 377 24,684
Cash at bank 1,819,400 1,780,568
1,819,777 1,805,252
CREDITORS
Amounts falling due within one year 7 11,811 8,230
NET CURRENT ASSETS 1,807,966 1,797,022
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,894,248

2,883,304

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 2,894,244 2,883,300
SHAREHOLDERS' FUNDS 2,894,248 2,883,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

LEHAIN & LEHAIN HOLDINGS LIMITED (REGISTERED NUMBER: 08875918)

BALANCE SHEET - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by:





Mrs J Lehain - Director


LEHAIN & LEHAIN HOLDINGS LIMITED (REGISTERED NUMBER: 08875918)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Lehain & Lehain Holdings Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at 52 South Street, Cottingham, East Yorkshire, HU16 4AS.

The principal activity of the company is that of a holding company.

The presentational currency of the financial statements is Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. The directors assessed the fair value of investment properties at the year end and consider the valuation to be fairly stated.


LEHAIN & LEHAIN HOLDINGS LIMITED (REGISTERED NUMBER: 08875918)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for the current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on the tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 3
NET BOOK VALUE
At 31 March 2023 3
At 31 March 2022 3

LEHAIN & LEHAIN HOLDINGS LIMITED (REGISTERED NUMBER: 08875918)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 1,086,279
NET BOOK VALUE
At 31 March 2023 1,086,279
At 31 March 2022 1,086,279

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings - 24,346
Other debtors 377 338
377 24,684

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 654 -
Taxation and social security 6,086 3,302
Other creditors 5,071 4,928
11,811 8,230

8. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, Mrs J Lehain and D C Lehain, as they jointly hold 100% of the issued share capital of the company.