Year Ended
Registration number:
LBH Group Limited
Balance Sheet
31 March 2024
Note |
31 March |
31 March |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Shareholders' funds |
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For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
• |
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 12697000
LBH Group Limited
Notes to the Unaudited Financial Statements
Year Ended 31 March 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
Investments
Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Financial instruments
Classification
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
LBH Group Limited
Notes to the Unaudited Financial Statements
Year Ended 31 March 2024
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investments |
Subsidiary undertakings |
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Cost or valuation |
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At 1 April 2023 |
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At 31 March 2024 |
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Carrying amount |
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At 31 March 2024 |
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At 31 March 2023 |
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LBH Group Limited
Notes to the Unaudited Financial Statements
Year Ended 31 March 2024
Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2024 |
2023 |
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Subsidiary undertakings |
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Centenary House
England and Wales |
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Centenary House
England and Wales |
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Centenary House
England and Wales |
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Centenary House
England and Wales |
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* Held by Halco Products Limited.
The principal activity of Halco Products Limited is |
OK Vape Limited, Vape Products Limited and OK CBD Limited are dormant.
LBH Group Limited
Notes to the Unaudited Financial Statements
Year Ended 31 March 2024
Debtors |
31 March |
31 March |
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Other debtors |
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Share capital |
Allotted, called up and fully paid shares
31 March |
31 March |
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No. |
£ |
No. |
£ |
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11,500 |
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11,500 |
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215,000 |
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215,000 |
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