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REGISTERED NUMBER: 02124803















REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

LONSDALE ESTATES LTD

LONSDALE ESTATES LTD (Registered number: 02124803)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


LONSDALE ESTATES LTD

COMPANY INFORMATION
for the Year Ended 30 APRIL 2023







DIRECTORS: C A Branchini
Mrs M Branchini
A V Branchini



SECRETARY: Mrs M Branchini



REGISTERED OFFICE: 20, Lonsdale Road,
London
W11 2DE



REGISTERED NUMBER: 02124803



ACCOUNTANTS: Bennett & Co
The Annexe
Minerva House
Bordyke
Tonbridge
Kent
TN9 1NR



BANKERS: Nationwide Building Society

LONSDALE ESTATES LTD (Registered number: 02124803)

REPORT OF THE DIRECTORS
for the Year Ended 30 APRIL 2023

The directors present their report with the financial statements of the company for the year ended 30 April 2023.

PRINCIPAL ACTIVITIES
The principal activities of the company in the year under review were those of Property Developers and Managers.

DIVIDENDS
An interim dividend of £5 per share was paid on 12 December 2022. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 30 April 2023 will be £ 5,000 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 May 2022 to the date of this report.

C A Branchini
Mrs M Branchini
A V Branchini

ON BEHALF OF THE BOARD:





Mrs M Branchini - Secretary


8 January 2024

LONSDALE ESTATES LTD (Registered number: 02124803)

INCOME STATEMENT
for the Year Ended 30 APRIL 2023

30.4.23 30.4.22
Notes £    £   

TURNOVER - -

Administrative expenses 37,211 55,488
(37,211 ) (55,488 )

Other operating income 52,183 62,574
OPERATING PROFIT and
PROFIT BEFORE TAXATION 14,972 7,086

Tax on profit 4 2,846 1,338
PROFIT FOR THE FINANCIAL YEAR 12,126 5,748

LONSDALE ESTATES LTD (Registered number: 02124803)

BALANCE SHEET
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 162,390 162,390

CURRENT ASSETS
Stocks 7 18,168 18,168
Debtors 8 3,600 2,000
Cash at bank 3,295 4,669
25,063 24,837
CREDITORS
Amounts falling due within one year 9 17,645 10,245
NET CURRENT ASSETS 7,418 14,592
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,808

176,982

CREDITORS
Amounts falling due after more than one
year

10

114,665

128,965
NET ASSETS 55,143 48,017

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 12 54,143 47,017
SHAREHOLDERS' FUNDS 55,143 48,017

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

LONSDALE ESTATES LTD (Registered number: 02124803)

BALANCE SHEET - continued
30 APRIL 2023


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

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2024 and were signed on its behalf by:





C A Branchini - Director


LONSDALE ESTATES LTD (Registered number: 02124803)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2023

1. STATUTORY INFORMATION

LONSDALE ESTATES LTD is a private company, limited by shares , registered in Not specified/Other. 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS
30.4.23 30.4.22
£    £   
Wages and salaries 12,000 12,000

The average number of employees during the year was as follows:
30.4.23 30.4.22

Management 2 2

LONSDALE ESTATES LTD (Registered number: 02124803)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2023

3. EMPLOYEES AND DIRECTORS - continued

30.4.23 30.4.22
£    £   
Directors' remuneration 12,000 12,000

4. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30.4.23 30.4.22
£    £   
Current tax:
UK corporation tax 2,850 1,350
Adjustment in respect of
previous year (4 ) (12 )

Tax on profit 2,846 1,338

UK corporation tax was charged at 19%) in 2022.

5. DIVIDENDS
30.4.23 30.4.22
£    £   
Ordinary Shares shares of £1 each
Interim 5,000 5,000

6. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 May 2022
and 30 April 2023 162,390
NET BOOK VALUE
At 30 April 2023 162,390
At 30 April 2022 162,390

7. STOCKS
30.4.23 30.4.22
£    £   
Work-in-progress 18,168 18,168

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Prepayments 3,600 2,000

LONSDALE ESTATES LTD (Registered number: 02124803)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2023

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Corporation Tax 2,850 1,350
Accrued Expenses 14,795 8,895
17,645 10,245

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Directors Loan Accounts 114,665 128,965

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
1,000 Ordinary Shares £1 1,000 1,000

12. RESERVES
Retained
earnings
£   

At 1 May 2022 47,017
Profit for the year 12,126
Dividends (5,000 )
At 30 April 2023 54,143