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REGISTERED NUMBER: 10296791 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

40 Lavender Hill Limited

40 Lavender Hill Limited (Registered number: 10296791)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


40 Lavender Hill Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: P A Louka





REGISTERED OFFICE: 67 Westow Street
Upper Norwood
London
SE19 3RW





REGISTERED NUMBER: 10296791 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

40 Lavender Hill Limited (Registered number: 10296791)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 980,000 980,000

CURRENT ASSETS
Debtors 6 187,920 170,000
Cash at bank 3,569 17,460
191,489 187,460
CREDITORS
Amounts falling due within one year 7 421,059 713,961
NET CURRENT LIABILITIES (229,570 ) (526,501 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

750,430

453,499

CREDITORS
Amounts falling due after more than one
year

8

(464,709

)

(148,276

)

PROVISIONS FOR LIABILITIES 10 (59,611 ) (45,304 )
NET ASSETS 226,110 259,919

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 198,431 212,738
Retained earnings 12 27,579 47,081
SHAREHOLDERS' FUNDS 226,110 259,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

40 Lavender Hill Limited (Registered number: 10296791)

Balance Sheet - continued
30 September 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 17 September 2024 and were signed by:





P A Louka - Director


40 Lavender Hill Limited (Registered number: 10296791)

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

1. STATUTORY INFORMATION

40 Lavender Hill 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

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 properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

40 Lavender Hill Limited (Registered number: 10296791)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 980,000
NET BOOK VALUE
At 30 September 2023 980,000
At 30 September 2022 980,000

The investment property is valued annually by the director on an open market existing use basis. The historical cost of the investment property amounted to £721,958 (2022 - £721,958).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 16,920 -
Amounts owed by connected companies 170,000 170,000
Other debtors 1,000 -
187,920 170,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts (see note 9) 8,121 206,403
Amounts owed to group undertakings 382,761 490,428
Taxation and social security 1,011 3,600
Other creditors 29,166 13,530
421,059 713,961

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans (see note 9) 464,709 148,276

9. LOANS

An analysis of the maturity of loans is given below:

30.9.23 30.9.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 8,121 206,403

Amounts falling due between one and two years:
Bank loans 8,648 3,521

40 Lavender Hill Limited (Registered number: 10296791)

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

9. LOANS - continued
30.9.23 30.9.22
£    £   
Amounts falling due between two and five years:
Bank loans 456,061 144,755

10. PROVISIONS FOR LIABILITIES
30.9.23 30.9.22
£    £   
Deferred tax 59,611 45,304

Deferred
tax
£   
Balance at 1 October 2022 45,304
Provided during year 14,307
Balance at 30 September 2023 59,611

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2022 47,081 212,738 259,819
Deficit for the year (33,809 ) (33,809 )
Deferred tax provision 14,307 (14,307 ) -
At 30 September 2023 27,579 198,431 226,010