Lavenhall Associates Ltd 09180809 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is activities of other holding companies not elsewhere classified. Digita Accounts Production Advanced 6.30.9574.0 true 09180809 2022-03-01 2023-02-28 09180809 2023-02-28 09180809 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 09180809 bus:SmallEntities 2022-03-01 2023-02-28 09180809 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 09180809 bus:FullAccounts 2022-03-01 2023-02-28 09180809 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 09180809 bus:RegisteredOffice 2022-03-01 2023-02-28 09180809 bus:Director1 2022-03-01 2023-02-28 09180809 bus:Director2 2022-03-01 2023-02-28 09180809 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 09180809 core:PlantMachinery 2022-03-01 2023-02-28 09180809 countries:EnglandWales 2022-03-01 2023-02-28 09180809 2022-02-28 09180809 2021-03-01 2022-02-28 09180809 2022-02-28 09180809 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 09180809

Report of the Director and


Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2023

for
 

Lavenhall Associates Ltd

 

Lavenhall Associates Ltd

Contents of the Financial Statements
for the Year Ended 28 February 2023

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Lavenhall Associates Ltd

Company Information
for the Year Ended 28 February 2023

Directors:

Mr MJ Rhys-Evans

Mrs VN Rhys Evans

Registered office:

Savoy House
Savoy Circus
London
W3 7DA

Registered number:

09180809

Accountants:

Wem & Co
Chartered Accountants
Savoy House
Savoy Circus
London
W3 7DA

 

Lavenhall Associates Ltd

(Registration number: 09180809)
Balance Sheet as at 28 February 2023

Note

28.02.23

28.02.22

   

£

£

£

£

FIXED ASSETS

   

 

Tangible assets

4

 

2,628

 

5,257

Investments

5

 

281,398

 

286,306

   

284,026

 

291,563

CURRENT ASSETS

   

 

Debtors

3,855

 

-

 

Cash at bank and in hand

 

5,727

 

44

 

 

9,582

 

44

 

CREDITORS

   

 

Creditors within 1yr

6

1,958

 

1,211

 

Net current assets/(liabilities)

   

7,624

 

(1,167)

Net assets

   

291,650

 

290,396

CAPITAL AND RESERVES

   

 

Called up share capital

 

1

 

1

Profit and loss account

 

291,649

 

290,395

Shareholders' funds

   

291,650

 

290,396

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 November 2023 and signed on its behalf by:
 

.........................................
Mrs VN Rhys Evans
Director

 

Lavenhall Associates Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 28 February 2023

1.

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Savoy House
Savoy Circus
London
W3 7DA
England

These financial statements were authorised for issue by the Board on 24 November 2023.

2.

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

The presentational currency is Pound Sterling (£).

Tax

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 balance sheet date.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

 

Lavenhall Associates Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 28 February 2023 (continued)

2

Accounting policies (continued)

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

Plant and machinery

20% straight line basis

Investments

Investments comprising shares and other assests are shown at cost unless a reliable fair value is readily available. Fair value adjustments are taken to profit and loss account.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

3.

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

 

Lavenhall Associates Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 28 February 2023 (continued)

4.

Tangible assets

Plant and machinery
£

Cost or valuation

At 1 March 2022

13,141

At 28 February 2023

13,141

Depreciation

At 1 March 2022

7,884

Charge for the year

2,629

At 28 February 2023

10,513

Carrying amount

At 28 February 2023

2,628

At 28 February 2022

5,257

 

Lavenhall Associates Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 28 February 2023 (continued)

5.

FIXED ASSET INVESTMENTS

Other investments
£

Cost or valuation

At 1 March 2022

260,822

Fair value adjustments

(1,427)

Additions

40,132

Disposals

(18,129)

At 28 February 2023

281,398

Carrying amount

At 28 February 2023

281,398

At 28 February 2022

286,306

6.

Creditors

Creditors: amounts falling due within one year

28.02.23
£

28.02.22
£

Due within one year

Taxation and social security

758

-

Accruals and deferred income

1,200

960

Other creditors

-

251

1,958

1,211