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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
Page
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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
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LHO Properties Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
586,234 
583,628 
Current assets
Debtors
16,727 
2,207 
Cash at bank and in hand
2,220 
- 
18,947 
2,207 
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)
Net assets
32,317 
21,977 
Capital and reserves
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
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LHO Properties Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Land & buildings
0%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 July 2022
583,628 
Additions
2,606 
At 30 June 2023
586,234 
Depreciation
At 30 June 2023
- 
Net book value
At 30 June 2023
586,234 
At 30 June 2022
583,628 
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LHO Properties Limited Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,314 
2,207 
Accrued income and prepayments
3,413 
- 
16,727 
2,207 
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 
Other creditors
554 
942 
Loans from directors
7,570 
14,127 
Accruals
1,220 
1,748 
46,325 
54,636 
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 
526,539 
509,222 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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