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REGISTERED NUMBER: 03179817 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LCP (HARLESDEN) LIMITED

LCP (HARLESDEN) LIMITED (REGISTERED NUMBER: 03179817)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LCP (HARLESDEN) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr A J Walters
Mrs F E Walters



SECRETARY: Mr R A Clephane



REGISTERED OFFICE: Fraser Ross House
24 Broad Street
Stamford
Lincolnshire
PE9 1PJ



REGISTERED NUMBER: 03179817 (England and Wales)



ACCOUNTANTS: Brayshaw Morey
Certified Public Accountants
Fraser Ross House
24 Broad Street
Stamford
Lincolnshire
PE9 1PJ



BANKERS: National Westminster Bank plc
195 Earls Court Road
London
SW5 9AP

LCP (HARLESDEN) LIMITED (REGISTERED NUMBER: 03179817)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 20,871 25,817
Investment property 6 1,160,657 1,160,657
1,181,528 1,186,474

CURRENT ASSETS
Debtors 7 34,412 22,988
Cash at bank 21,146 29,620
55,558 52,608
CREDITORS
Amounts falling due within one year 8 716,691 731,598
NET CURRENT LIABILITIES (661,133 ) (678,990 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

520,395

507,484

PROVISIONS FOR LIABILITIES 1,663 2,436
NET ASSETS 518,732 505,048

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 518,632 504,948
SHAREHOLDERS' FUNDS 518,732 505,048

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.

LCP (HARLESDEN) LIMITED (REGISTERED NUMBER: 03179817)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





Mr A J Walters - Director


LCP (HARLESDEN) LIMITED (REGISTERED NUMBER: 03179817)

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

1. STATUTORY INFORMATION

LCP (Harlesden) 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. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over the term of the lease
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Plant & Machinery depreciation charge - 20% reducing balance

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

LCP (HARLESDEN) LIMITED (REGISTERED NUMBER: 03179817)

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Long Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 5,313 102,498 9,900 117,711
DEPRECIATION
At 1 April 2023 1,063 86,500 4,331 91,894
Charge for year 354 3,200 1,392 4,946
At 31 March 2024 1,417 89,700 5,723 96,840
NET BOOK VALUE
At 31 March 2024 3,896 12,798 4,177 20,871
At 31 March 2023 4,250 15,998 5,569 25,817

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,160,657
NET BOOK VALUE
At 31 March 2024 1,160,657
At 31 March 2023 1,160,657

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,885 1,775
Amounts owed by group undertakings 592 592
Other debtors 31,935 20,621
34,412 22,988

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - 7
Amounts owed to group undertakings 688,269 699,266
Taxation and social security 16,793 21,514
Other creditors 11,629 10,811
716,691 731,598

LCP (HARLESDEN) LIMITED (REGISTERED NUMBER: 03179817)

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

9. CALLED UP SHARE CAPITAL

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

10. RESERVES
Retained
earnings
£   

At 1 April 2023 504,948
Profit for the year 36,284
Dividends (22,600 )
At 31 March 2024 518,632

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mr A J Walters and Mrs F E Walters
Balance outstanding at start of year - -
Amounts advanced 10,791 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,791 -