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REGISTERED NUMBER: 10526706 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Lloyd's Property Holdings Limited

Lloyd's Property Holdings Limited (Registered number: 10526706)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lloyd's Property Holdings Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: J J Lloyd
J T Lloyd
Miss H E Lloyd
H P Lloyd





REGISTERED OFFICE: Unit 4 Station Road
Westbury Sub Mendip
Wells
Somerset
BA5 1EY





REGISTERED NUMBER: 10526706 (England and Wales)

Lloyd's Property Holdings Limited (Registered number: 10526706)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 900,000 900,000

CURRENT ASSETS
Debtors 5 17,573 4,849
Cash at bank 124,231 82,584
141,804 87,433
CREDITORS
Amounts falling due within one year 6 560,445 603,093
NET CURRENT LIABILITIES (418,641 ) (515,660 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

481,359

384,340

PROVISIONS FOR LIABILITIES (27,158 ) (27,158 )

ACCRUALS AND DEFERRED INCOME (1,749 ) (1,601 )
NET ASSETS 452,452 355,581

RESERVES
Retained earnings 452,452 355,581
452,452 355,581

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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2024 and were signed on its behalf by:




J J Lloyd - Director



Miss H E Lloyd - Director


Lloyd's Property Holdings Limited (Registered number: 10526706)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Lloyd's Property Holdings Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents received and investment income, excluding value added tax.

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.

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

The average number of employees during the year was 4 (2022 - 4 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022
and 30 April 2023 900,000
NET BOOK VALUE
At 30 April 2023 900,000
At 30 April 2022 900,000

Lloyd's Property Holdings Limited (Registered number: 10526706)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. INVESTMENT PROPERTY - continued

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2022 123,444
Cost 776,556
900,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 776,556 776,556

Investment property was valued on an open market basis on 1 August 2019 by RMW Knight Chartered Surveyors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,675 1,580
Prepayments 3,898 3,269
17,573 4,849

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 23,258 15,200
Social security and other taxes 4,638 2,011
Other creditors 532,549 585,882
560,445 603,093