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REGISTERED NUMBER: 14366191 (England and Wales)











Lichfield Ventures Ltd

Unaudited Financial Statements

for the Period 20 September 2022 to 20 March 2024






Lichfield Ventures Ltd (Registered number: 14366191)






Contents of the Financial Statements
for the Period 20 September 2022 to 20 March 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Lichfield Ventures Ltd

Company Information
for the Period 20 September 2022 to 20 March 2024







Directors: Mrs A M Hussain
J D Gilchrist





Registered office: Northwood Estate Agents
9 Hightown
Sandbach
CW11 1AD





Registered number: 14366191 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Lichfield Ventures Ltd (Registered number: 14366191)

Balance Sheet
20 March 2024

Notes £   
Fixed assets
Intangible assets 4 518,820
Investments 5 102
518,922

Current assets
Debtors 6 11,127
Cash at bank 16,687
27,814
Creditors
Amounts falling due within one year 7 (552,289 )
Net current liabilities (524,475 )
Total assets less current liabilities (5,553 )

Capital and reserves
Called up share capital 8 100
Retained earnings (5,653 )
Shareholders' funds (5,553 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 20 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 20 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.

Lichfield Ventures Ltd (Registered number: 14366191)

Balance Sheet - continued
20 March 2024


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 5 August 2024 and were signed on its behalf by:





J D Gilchrist - Director


Lichfield Ventures Ltd (Registered number: 14366191)

Notes to the Financial Statements
for the Period 20 September 2022 to 20 March 2024

1. Statutory information

Lichfield Ventures 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.

Preparation of consolidated financial statements
The financial statements contain information about Lichfield Ventures Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. Employees and directors

The average number of employees during the period was 2 .

Lichfield Ventures Ltd (Registered number: 14366191)

Notes to the Financial Statements - continued
for the Period 20 September 2022 to 20 March 2024

4. Intangible fixed assets
Goodwill
£   
Cost
Additions 518,820
At 20 March 2024 518,820
Net book value
At 20 March 2024 518,820

5. Fixed asset investments
Shares in
group
undertakings
£   
Cost
Additions 102
At 20 March 2024 102
Net book value
At 20 March 2024 102

The company's investments at the Balance sheet date in the share capital of companies include the following:

Northwood (Macclesfield) Limited
Registered office: 9 Hightown,Sandbach,CW11 1AD
Nature of business: Estate Agents & lettings
%
Class of shares: holding
Ordinary 100.00

No recent financial statements were available at the date of this report.

Northwood (Sandbach) Limited
Registered office: 9 Hightown,Sandbach,CW11 1AD
Nature of business: Estate agents & lettings
%
Class of shares: holding
Ordinary 100.00

No recent financial statements were available at the date of this report.

Lichfield Ventures Ltd (Registered number: 14366191)

Notes to the Financial Statements - continued
for the Period 20 September 2022 to 20 March 2024

6. Debtors: amounts falling due within one year
£   
Other debtors 11,127

7. Creditors: amounts falling due within one year
£   
Directors' current accounts 551,689
Accrued expenses 600
552,289

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.