LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Company Registration Number:
10710820 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 2,485,644 2,485,644
Total fixed assets: 2,485,644 2,485,644
Current assets
Debtors: 4 26,112 16,855
Cash at bank and in hand: 8,843 4,545
Total current assets: 34,955 21,400
Creditors: amounts falling due within one year: 5 (120,632) (122,260)
Net current assets (liabilities): (85,677) (100,860)
Total assets less current liabilities: 2,399,967 2,384,784
Creditors: amounts falling due after more than one year: 6 (618,357) (802,850)
Total net assets (liabilities): 1,781,610 1,581,934
Capital and reserves
Called up share capital: 132 132
Profit and loss account: 1,781,478 1,581,802
Shareholders funds: 1,781,610 1,581,934

The notes form part of these financial statements

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 November 2024
and signed on behalf of the board by:

Name: R A E LOWE
Status: Director

The notes form part of these financial statements

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Consolidation: The Company is a parent company subject to the small companies regime. The Company and its subsidiary comprise a small group. The Company is therefore not required to and has not chosen to prepare group accounts. Investment (Subsidiary Undertaking): At each reporting year end date the Company reviews the carrying value of the Investment in its subsidiary company to determine whether there is any indication that an impairment loss has been sustained for which a provision should be made. Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans: Loans are initially recognised at the transaction price including associated costs. Interest is charged to the profit and loss account over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Taxation: Taxation represents the tax credit arising from the surrender of tax losses to its subsidiary company.

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Fixed investments

The Company holds the entire issued share capital of Lowe (Paddock Wood) Limited (Company: 00709576) at a cost of £2,485, 644 whose principal activity in the year under review was that of the provision of services in the field of storage of frozen goods and related storage activities whose registered office is at Transfesa Road , Paddock Wood ,Tonbridge, Kent TN12 6UT. At 31 March 2024 ,the aggregate of the share capital and reserves of Lowe ( Paddock Wood ) Limited amounted to £13,557,309 (2023: £13,654,789).

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 3,461 4,917

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Secured Creditors are included at £119,774 (2023: £121,444)

LOWE (PADDOCK WOOD) HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

Secured Creditors are included at £618,357 ( 2023: £802,850)