Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-3112022-09-01false1No description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12138819 2022-09-01 2023-08-31 12138819 2023-08-31 12138819 2021-09-01 2022-08-31 12138819 2022-08-31 12138819 c:Director1 2022-09-01 2023-08-31 12138819 c:RegisteredOffice 2022-09-01 2023-08-31 12138819 d:FreeholdInvestmentProperty 2023-08-31 12138819 d:FreeholdInvestmentProperty 2022-08-31 12138819 d:CurrentFinancialInstruments 2023-08-31 12138819 d:CurrentFinancialInstruments 2022-08-31 12138819 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12138819 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 12138819 d:ShareCapital 2023-08-31 12138819 d:ShareCapital 2022-08-31 12138819 d:RetainedEarningsAccumulatedLosses 2023-08-31 12138819 d:RetainedEarningsAccumulatedLosses 2022-08-31 12138819 c:FRS102 2022-09-01 2023-08-31 12138819 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 12138819 c:FullAccounts 2022-09-01 2023-08-31 12138819 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 12138819 2 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Company registration number: 12138819







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2023


LAVINGTON PROPERTY INVESTMENTS LIMITED






































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LAVINGTON PROPERTY INVESTMENTS LIMITED
 


 
COMPANY INFORMATION


Director
A R Buttaci 




Registered number
12138819



Registered office
Midas House
62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ





 


LAVINGTON PROPERTY INVESTMENTS LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5


 


LAVINGTON PROPERTY INVESTMENTS LIMITED
REGISTERED NUMBER:12138819



STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
398,728
398,728

  
398,728
398,728

Current assets
  

Debtors: amounts falling due within one year
 5 
1,144
-

Cash at bank and in hand
  
40,267
35,908

  
41,411
35,908

Creditors: amounts falling due within one year
 6 
(417,822)
(415,277)

Net current liabilities
  
 
 
(376,411)
 
 
(379,369)

Total assets less current liabilities
  
22,317
19,359

  

Net assets
  
22,317
19,359


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
22,217
19,259

  
22,317
19,359

Page 1

 


LAVINGTON PROPERTY INVESTMENTS LIMITED
REGISTERED NUMBER:12138819


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
A R Buttaci
Director

Date: 31 January 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 


LAVINGTON PROPERTY INVESTMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Lavington Property Investments Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company discloses it's registered office on the company information page.
The company's functional and presentational currency is GBP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has considered the basis of preparation of the financial statements and has considered it appropriate to prepare these on a going concern basis.
The director and shareholder have confirmed that they will continue to support the company and will not seek repayment of their loans until the company has sufficient funds to do so.

 
2.3

Revenue

Revenue consists of rent received and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the rent can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.6

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 


LAVINGTON PROPERTY INVESTMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Investment property


Freehold investment property

£



Valuation


At 1 September 2022
398,728



At 31 August 2023
398,728

The directors confirm that there are no material movements in the fair value of the property as at 31 August 2023.








5.


Debtors

2023
2022
£
£


Prepayments and accrued income
1,144
-

1,144
-


Page 4

 


LAVINGTON PROPERTY INVESTMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
1,397
1,482

Other creditors
413,400
410,400

Accruals and deferred income
3,025
3,395

417,822
415,277



7.


Related party transactions

Included in other creditors at the year end is a balance due to the director of £39,990. An additional amount of £370,410 is due to a shareholder as at 31 August 2023. No interest has been applied to these balances.

 
Page 5