Company Registration No. 11425546 (England and Wales)
LHO Properties Limited
Unaudited accounts
for the year ended 30 June 2023
LHO Properties Limited
Unaudited accounts
Contents
LHO Properties Limited
Company Information
for the year ended 30 June 2023
Directors
Darren Cook
Jeni Cook
Company Number
11425546 (England and Wales)
Registered Office
Ty Canol Barn
Llanddewri
Rhydderch
Abergavenny
NP7 8BP
LHO Properties Limited
Statement of financial position
as at 30 June 2023
Tangible assets
586,234
583,628
Cash at bank and in hand
2,220
-
Creditors: amounts falling due within one year
(46,325)
(54,636)
Net current liabilities
(27,378)
(52,429)
Total assets less current liabilities
558,856
531,199
Creditors: amounts falling due after more than one year
(526,539)
(509,222)
Called up share capital
100
100
Profit and loss account
32,217
21,877
Shareholders' funds
32,317
21,977
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by
Darren Cook
Director
Company Registration No. 11425546
LHO Properties Limited
Notes to the Accounts
for the year ended 30 June 2023
LHO Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11425546. The registered office is Ty Canol Barn, Llanddewri, Rhydderch, Abergavenny, NP7 8BP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net rental income, as this is the main activity of the company.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
LHO Properties Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
13,314
2,207
Accrued income and prepayments
3,413
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
29,400
29,819
Trade creditors
4,301
7,145
Taxes and social security
3,280
855
Loans from directors
7,570
14,127
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
266,308
280,695
Amounts owed to group undertakings and other participating interests
260,231
228,527
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).