IRIS Accounts Production v24.2.0.383 13328214 Board of Directors Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133282142023-03-31133282142024-03-31133282142023-04-012024-03-31133282142022-03-31133282142022-04-012023-03-31133282142023-03-3113328214ns15:EnglandWales2023-04-012024-03-3113328214ns14:PoundSterling2023-04-012024-03-3113328214ns10:Director12023-04-012024-03-3113328214ns10:Director22023-04-012024-03-3113328214ns10:Director32023-04-012024-03-3113328214ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113328214ns10:SmallEntities2023-04-012024-03-3113328214ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113328214ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113328214ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113328214ns10:FullAccounts2023-04-012024-03-3113328214ns10:OrdinaryShareClass12023-04-012024-03-3113328214ns10:RegisteredOffice2023-04-012024-03-3113328214ns5:CurrentFinancialInstruments2024-03-3113328214ns5:CurrentFinancialInstruments2023-03-3113328214ns5:ShareCapital2024-03-3113328214ns5:ShareCapital2023-03-3113328214ns5:RetainedEarningsAccumulatedLosses2024-03-3113328214ns5:RetainedEarningsAccumulatedLosses2023-03-3113328214ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 13328214 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

LAKESIDE PROPERTY HOLDINGS LTD

LAKESIDE PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 13328214)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LAKESIDE PROPERTY HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: E P Mackeith-Prince
C J Mackeith-Prince
R T Bradley





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 13328214 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

LAKESIDE PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 13328214)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 158,899 141,113

CURRENT ASSETS
Cash at bank 5,107 5,576

CREDITORS
Amounts falling due within one year 5 178,780 159,519
NET CURRENT LIABILITIES (173,673 ) (153,943 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,774

)

(12,830

)

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings (14,776 ) (12,832 )
SHAREHOLDERS' FUNDS (14,774 ) (12,830 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:




E P Mackeith-Prince - Director C J Mackeith-Prince - Director



R T Bradley - Director


LAKESIDE PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 13328214)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Lakeside Property Holdings 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.

The accounts have been prepared on a going concern basis due to the support of the directors.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 3 (2023 - 3 ) .

LAKESIDE PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 13328214)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 141,113
Additions 17,786
At 31 March 2024 158,899
NET BOOK VALUE
At 31 March 2024 158,899
At 31 March 2023 141,113

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 1,280 1,259
Other creditors 177,500 158,260
178,780 159,519

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2