IRIS Accounts Production v24.2.0.383 04717339 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047173392023-03-31047173392024-03-31047173392023-04-012024-03-31047173392022-03-31047173392022-04-012023-03-31047173392023-03-3104717339ns15:EnglandWales2023-04-012024-03-3104717339ns14:PoundSterling2023-04-012024-03-3104717339ns10:Director12023-04-012024-03-3104717339ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104717339ns10:SmallEntities2023-04-012024-03-3104717339ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104717339ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104717339ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104717339ns10:FullAccounts2023-04-012024-03-3104717339ns10:Director22023-04-012024-03-3104717339ns10:RegisteredOffice2023-04-012024-03-3104717339ns5:CurrentFinancialInstruments2024-03-3104717339ns5:CurrentFinancialInstruments2023-03-3104717339ns5:ShareCapital2024-03-3104717339ns5:ShareCapital2023-03-3104717339ns5:RetainedEarningsAccumulatedLosses2024-03-3104717339ns5:RetainedEarningsAccumulatedLosses2023-03-3104717339ns5:LandBuildings2023-03-3104717339ns5:LandBuildings2024-03-3104717339ns5:LandBuildings2023-03-31
REGISTERED NUMBER: 04717339 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LANCASTER HOUSE PROPERTIES LIMITED

LANCASTER HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 04717339)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LANCASTER HOUSE PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: F Hinks
Mrs K Hinks



REGISTERED OFFICE: Lancaster House
5 Chorley New Road
Bolton
BL1 4QR



REGISTERED NUMBER: 04717339 (England and Wales)



ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ



BANKERS: Natwest
24 Deansgate
Bolton
Lancashire
BL1 1BN

LANCASTER HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 04717339)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 250,000 250,000

CURRENT ASSETS
Debtors 5 - 141,063
Cash at bank 5,945 10,638
5,945 151,701
CREDITORS
Amounts falling due within one year 6 26,754 28,650
NET CURRENT (LIABILITIES)/ASSETS (20,809 ) 123,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,191

373,051

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 228,991 372,851
SHAREHOLDERS' FUNDS 229,191 373,051

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.

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 Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:





F Hinks - Director


LANCASTER HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 04717339)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Lancaster House Properties 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2023
and 31 March 2024 250,000
NET BOOK VALUE
At 31 March 2024 250,000
At 31 March 2023 250,000

LANCASTER HOUSE PROPERTIES LIMITED (REGISTERED NUMBER: 04717339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 141,063

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 66 1,987
Other creditors - 26,000
Directors current account 26,163 163
Accrued expenses 525 500
26,754 28,650