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REGISTERED NUMBER: 14697107 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023

FOR

LANH PROPERTIES LTD

LANH PROPERTIES LTD (REGISTERED NUMBER: 14697107)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023










Page

Balance sheet 1

Notes to the financial statements 2


LANH PROPERTIES LTD (REGISTERED NUMBER: 14697107)

BALANCE SHEET
31 DECEMBER 2023

Notes £    £   
Fixed assets
Investment property 4 503,583

Current assets
Debtors 5 795
Cash at bank and in hand 162
957
Creditors
Amounts falling due within one year 6 506,592
Net current liabilities (505,635 )
Total assets less current liabilities (2,052 )

Capital and reserves
Called up share capital 7 100
Retained earnings (2,152 )
Shareholders' funds (2,052 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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 comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





Mr A J Seddon - Director


LANH PROPERTIES LTD (REGISTERED NUMBER: 14697107)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023


1. Statutory information

Lanh Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 14697107. The registered office address and business address is Unit B Technology House, Innovation Park, Technology Road, Poole, Dorset, BH17 7DA.

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 Company has made a loss of £2,152 during the period and has a deficiency of assets at the period end of £2,052. The company is dependant upon the continued support of its parent company, Lans Holdings Ltd, who give assurance that it will assist with the company's working capital requirements over the next twelve months if necessary.

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 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.

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 period 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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the period was 2 .

LANH PROPERTIES LTD (REGISTERED NUMBER: 14697107)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023


4. Investment property
Total
£   
Fair value
Additions 503,583
At 31 December 2023 503,583
Net book value
At 31 December 2023 503,583

Investment property was valued by the directors on an open market basis on 31 December 2023.

It was confirmed by the directors that the fair value of the investment property remained the same as its cost on this date.

5. Debtors: amounts falling due within one year
£   
Prepayments 795

6. Creditors: amounts falling due within one year
£   
Amounts owed to group undertakings 504,475
Accruals and deferred income 2,117
506,592

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1.00 100

100 Ordinary shares of £1.00 each were allotted and fully paid for cash at par during the period.

8. Ultimate controlling party

The company is controlled by its parent company, Lans Holdings Ltd, by virtue of its 100% ownership of the issued share capital.

The parent company's registered office address is Unit B Technology House, Innovation Park, Technology Road, Poole, Dorset, BH17 7DA.