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REGISTERED NUMBER: 10007181 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 29 November 2023

for

LUHA PROPERTY INVESTMENTS LIMITED

LUHA PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10007181)






Contents of the Financial Statements
for the year ended 29 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

LUHA PROPERTY INVESTMENTS LIMITED

Company Information
for the year ended 29 November 2023







DIRECTOR: S M Herbert





REGISTERED OFFICE: Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ





REGISTERED NUMBER: 10007181 (England and Wales)





ACCOUNTANTS: Trevor Jones & Partners Ltd
Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ

LUHA PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10007181)

Balance Sheet
29 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 650,000 650,000

CURRENT ASSETS
Debtors 5 60,000 60,000
Cash at bank 218 571
60,218 60,571
CREDITORS
Amounts falling due within one year 6 231,991 263,968
NET CURRENT LIABILITIES (171,773 ) (203,397 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

478,227

446,603

CREDITORS
Amounts falling due after more than one year 7 (311,155 ) (311,155 )

PROVISIONS FOR LIABILITIES (13,682 ) (13,682 )
NET ASSETS 153,390 121,766

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 153,290 121,666
153,390 121,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LUHA PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10007181)

Balance Sheet - continued
29 November 2023


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 director and authorised for issue on 23 August 2024 and were signed by:





S M Herbert - Director


LUHA PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10007181)

Notes to the Financial Statements
for the year ended 29 November 2023

1. STATUTORY INFORMATION

Luha Property Investments 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.

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.

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 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 November 2022
and 29 November 2023 650,000
NET BOOK VALUE
At 29 November 2023 650,000
At 29 November 2022 650,000

LUHA PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10007181)

Notes to the Financial Statements - continued
for the year ended 29 November 2023

4. INVESTMENT PROPERTY - continued

Fair value at 29 November 2023 is represented by:
£   
Valuation in 2022 54,728
Cost 595,272
650,000

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

2023 2022
£    £   
Cost 595,272 595,272

Investment property was valued on an open market basis on 29 November 2022 by the board of directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income 60,000 60,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 17,163 13,875
Directors' current accounts 211,396 247,921
Accrued expenses 3,432 2,172
231,991 263,968

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 2-5 years 311,155 311,155

8. RESERVES

The retained earnings reserve contains the following components:

Retained
profit and loss

Revaluation
reserve
££
At 30th November 202280,62041,046
Profit for the year31,624-
Revaluation of investment property in year--
Deferred tax provision on revaluation--
At 29th November 2023112,24441,046


LUHA PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10007181)

Notes to the Financial Statements - continued
for the year ended 29 November 2023

9. ULTIMATE CONTROLLING PARTY

The controlling party is S M Herbert.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Luha Property Investments Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Luha Property Investments Limited for the year ended 29 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Luha Property Investments Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Luha Property Investments Limited and state those matters that we have agreed to state to the director of Luha Property Investments Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Luha Property Investments Limited and its director for our work or for this report.

It is your duty to ensure that Luha Property Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Luha Property Investments Limited. You consider that Luha Property Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Luha Property Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Trevor Jones & Partners Ltd
Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ


23 August 2024