IRIS Accounts Production v23.4.0.336 01993889 Board of Directors 1.8.22 30.9.23 30.9.23 The principal activity of the company is to hold and assist in the management of the freehold property known as Lord View One and receive certain rents and ground rents. false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019938892022-07-31019938892023-09-30019938892022-08-012023-09-30019938892021-09-30019938892021-10-012022-07-31019938892022-07-3101993889ns15:EnglandWales2022-08-012023-09-3001993889ns14:PoundSterling2022-08-012023-09-3001993889ns10:Director12022-08-012023-09-3001993889ns10:PrivateLimitedCompanyLtd2022-08-012023-09-3001993889ns10:SmallEntities2022-08-012023-09-3001993889ns10:AuditExemptWithAccountantsReport2022-08-012023-09-3001993889ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-09-3001993889ns10:SmallCompaniesRegimeForAccounts2022-08-012023-09-3001993889ns10:FullAccounts2022-08-012023-09-3001993889ns10:Director52022-08-012023-09-3001993889ns10:Director62022-08-012023-09-3001993889ns10:Director82022-08-012023-09-3001993889ns10:Director92022-08-012023-09-3001993889ns10:Director102022-08-012023-09-3001993889ns10:Director112022-08-012023-09-3001993889ns10:Director122022-08-012023-09-3001993889ns10:RegisteredOffice2022-08-012023-09-3001993889ns5:CurrentFinancialInstruments2023-09-3001993889ns5:CurrentFinancialInstruments2022-07-3101993889ns5:ShareCapital2023-09-3001993889ns5:ShareCapital2022-07-3101993889ns5:FurtherSpecificReserve1ComponentTotalEquity2023-09-3001993889ns5:FurtherSpecificReserve1ComponentTotalEquity2022-07-3101993889ns5:RetainedEarningsAccumulatedLosses2023-09-3001993889ns5:RetainedEarningsAccumulatedLosses2022-07-3101993889ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3001993889ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 01993889 (England and Wales)















Report of the Directors and

Financial Statements for the Period 1 August 2022 to 30 September 2023

for

Lords View One Properties Ltd

Lords View One Properties Ltd (Registered number: 01993889)






Contents of the Financial Statements
for the Period 1 August 2022 to 30 September 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Lords View One Properties Ltd

Company Information
for the Period 1 August 2022 to 30 September 2023







DIRECTORS: S Elli
K Seth
S Seth
F Lam
N Sabharwal
P Mirchandani
N Galani
R Jakatdar





REGISTERED OFFICE: Lane House
24 Parsons Green Lane
London
SW6 4HS





REGISTERED NUMBER: 01993889 (England and Wales)





ACCOUNTANTS: City, Chartered Accountants
Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF

Lords View One Properties Ltd (Registered number: 01993889)

Report of the Directors
for the Period 1 August 2022 to 30 September 2023

The directors present their report with the financial statements of the company for the period 1 August 2022 to 30 September 2023.

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

S Elli
K Seth
S Seth
F Lam
N Sabharwal

Changes in directors holding office are as follows:

C Constantinou - resigned 9 May 2023
D R Seaton - resigned 9 May 2023
M Gunston - resigned 9 May 2023
J D Arnold - resigned 9 May 2023
P Mirchandani - appointed 9 May 2023
N Galani - appointed 9 May 2023
R Jakatdar - appointed 9 May 2023

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S Elli - Director


3 April 2024

Lords View One Properties Ltd (Registered number: 01993889)

Income Statement
for the Period 1 August 2022 to 30 September 2023

Period Period
1.8.22 1.10.21
to to
30.9.23 31.7.22
£    £   

TURNOVER 33,555 20,950

Administrative expenses (44,816 ) (284,089 )
(11,261 ) (263,139 )

Other operating income - 118,028
OPERATING LOSS (11,261 ) (145,111 )

Interest receivable and similar income 3,786 4
LOSS BEFORE TAXATION (7,475 ) (145,107 )

Tax on loss (3,778 ) (22,188 )
LOSS FOR THE FINANCIAL PERIOD (11,253 ) (167,295 )

Lords View One Properties Ltd (Registered number: 01993889)

Balance Sheet
30 September 2023

30.9.23 31.7.22
Notes £    £   
FIXED ASSETS
Investment property 4 887,500 887,500

CURRENT ASSETS
Debtors 5 6,638 723
Cash at bank 253,043 291,108
259,681 291,831
CREDITORS
Amounts falling due within one year 6 (9,798 ) (30,695 )
NET CURRENT ASSETS 249,883 261,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,137,383

1,148,636

PROVISIONS FOR LIABILITIES 7 (160,507 ) (160,507 )
NET ASSETS 976,876 988,129

CAPITAL AND RESERVES
Called up share capital - 84
Fair value reserve 711,188 711,188
Retained earnings 265,688 276,857
976,876 988,129

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

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

Lords View One Properties Ltd (Registered number: 01993889)

Balance Sheet - continued
30 September 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 3 April 2024 and were signed on its behalf by:





S Elli - Director


Lords View One Properties Ltd (Registered number: 01993889)

Notes to the Financial Statements
for the Period 1 August 2022 to 30 September 2023

1. STATUTORY INFORMATION

Lords View One Properties Ltd is a private company, limited by shares , registered in England and Wales. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The surplus arising from changes in fair value are transferred from retained earnings, net of deferred tax to isolate non-distributable reserves.

Taxation
Taxation for the period 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 period 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.

Lords View One Properties Ltd (Registered number: 01993889)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 30 September 2023

2. ACCOUNTING POLICIES - continued

Pension cost and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 30 September 2023 887,500
NET BOOK VALUE
At 30 September 2023 887,500
At 31 July 2022 887,500

The Company owns the freehold of the property Lords View One, which includes Flat 1 and has the reversionary interest of 86 leasehold flats.

Investment property comprises of Flat 1 and the reversionary interest of two flats which have short leases. The fair value of the investment property has been arrived at on the basis of a valuation agreed by the Company's board of Directors on the basis of the properties use and by reference to market evidence of transaction prices for similar properties.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.7.22
£    £   
Trade debtors 111 41
Amounts owed by group undertakings 3,242 12
Other debtors 3,285 670
6,638 723

Lords View One Properties Ltd (Registered number: 01993889)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.7.22
£    £   
Trade creditors 3,360 1,500
Taxation and social security 3,778 22,522
Other creditors 2,660 6,673
9,798 30,695

7. PROVISIONS FOR LIABILITIES

30.9.2331.7.22
££
Deferred tax160,507 160,507

This provision represents the deferred tax on the fair value uplift of the investment property. There were no changes in the year.