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REGISTERED NUMBER: 06849379 (England and Wales)



Financial Statements for the Year Ended 31 March 2024

for

Llysfield Holdings Limited

Llysfield Holdings Limited (Registered number: 06849379)

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










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


Llysfield Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr S Kularatnam
Mrs U Kularatnam





REGISTERED OFFICE: 95
Ravensbourne Park
Catford
London
SE6 4YA





REGISTERED NUMBER: 06849379 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

Llysfield Holdings Limited (Registered number: 06849379)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,209,629 1,237,035

CURRENT ASSETS
Debtors 5 274,010 199,900
Cash at bank 135,155 119,304
409,165 319,204
CREDITORS
Amounts falling due within one year 6 (660,494 ) (556,371 )
NET CURRENT LIABILITIES (251,329 ) (237,167 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

958,300

999,868

CREDITORS
Amounts falling due after more than one year 7 (379,367 ) (404,114 )

PROVISIONS FOR LIABILITIES (60,156 ) (60,156 )
NET ASSETS 518,777 535,598

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 256,453 256,453
Retained earnings 262,224 279,045
SHAREHOLDERS' FUNDS 518,777 535,598

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 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.

Llysfield Holdings Limited (Registered number: 06849379)

Statement of Financial Position - 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2024 and were signed on its behalf by:





Mr S Kularatnam - Director


Llysfield Holdings Limited (Registered number: 06849379)

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


1. STATUTORY INFORMATION

Llysfield Holdings 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Nil rate
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 1,100,000 157,043 136,401 1,393,444
DEPRECIATION
At 1 April 2023 - 31,409 125,000 156,409
Charge for year - 25,126 2,280 27,406
At 31 March 2024 - 56,535 127,280 183,815
NET BOOK VALUE
At 31 March 2024 1,100,000 100,508 9,121 1,209,629
At 31 March 2023 1,100,000 125,634 11,401 1,237,035

Llysfield Holdings Limited (Registered number: 06849379)

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


4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 March 2024 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
Valuation in 2018 316,609 - - 316,609
Cost 783,391 157,043 136,401 1,076,835
1,100,000 157,043 136,401 1,393,444

If Freehold properties had not been revalued IT would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 783,391 783,391

Value of land in freehold land and buildings 783,391 783,391

Freehold Properties were valued on Current Market Value basis on 31 March 2018 by Director of the company .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by associates 274,010 199,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to associates 658,645 555,944
Other creditors 1,849 427
660,494 556,371

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 379,367 404,114

Llysfield Holdings Limited (Registered number: 06849379)

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


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 256,453