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REGISTERED NUMBER: 07153137 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 March 2024

for

Lancashire Gate Investments Limited

Lancashire Gate Investments Limited (Registered number: 07153137)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lancashire Gate Investments Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: H M G Hurst





SECRETARY: Mrs G M Hurst





REGISTERED OFFICE: 7 Lansdown Close
Cheadle Hulme
Cheadle
Cheshire
SK8 7HF





REGISTERED NUMBER: 07153137 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Lancashire Gate Investments Limited (Registered number: 07153137)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 600,667 528,537

CURRENT ASSETS
Debtors 5 3,572 6,556
Cash at bank 198 198
3,770 6,754
CREDITORS
Amounts falling due within one
year

6

125,454

164,020
NET CURRENT LIABILITIES (121,684 ) (157,266 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

478,983

371,271

PROVISIONS FOR LIABILITIES 45,043 34,971
NET ASSETS 433,940 336,300

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 433,840 336,200
433,940 336,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Lancashire Gate Investments Limited (Registered number: 07153137)

Balance Sheet - continued
31 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 director and authorised for issue on 1 October 2024 and were signed by:





H M G Hurst - Director


Lancashire Gate Investments Limited (Registered number: 07153137)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lancashire Gate 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

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 (2023 - 1 ) .

Lancashire Gate Investments Limited (Registered number: 07153137)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 100 528,437 528,537
Additions - 169,942 169,942
Disposals - (153,856 ) (153,856 )
Revaluations - 56,044 56,044
At 31 March 2024 100 600,567 600,667
NET BOOK VALUE
At 31 March 2024 100 600,567 600,667
At 31 March 2023 100 528,437 528,537

Cost or valuation at 31 March 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2024 - 233,608 233,608
Cost 100 366,959 367,059
100 600,567 600,667

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 3,572 6,556

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to group undertakings 603 200
Taxation and social security 830 -
Other creditors 124,021 163,820
125,454 164,020

7. RELATED PARTY DISCLOSURES

In earlier years the company has received loans from related parties. The balances on these are £64,866 (2023: £104,463).

8. ULTIMATE CONTROLLING PARTY

The company is considered to be under the control of the director.