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REGISTERED NUMBER: 10546344 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2023 to 31 March 2024

for

Lachhani Properties Limited

Lachhani Properties Limited (Registered number: 10546344)






Contents of the Financial Statements
for the Period 1 February 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lachhani Properties Limited

Company Information
for the Period 1 February 2023 to 31 March 2024







DIRECTOR: S Lachhani





REGISTERED OFFICE: Unit5 Oxford Road
Wealdstone
Harrow
Middlesex
HA3 7RG





REGISTERED NUMBER: 10546344 (England and Wales)





ACCOUNTANTS: The KJP Partnership Limited
11e Cosgrove Way
Luton
Bedfordshire
LU1 1XL

Lachhani Properties Limited (Registered number: 10546344)

Balance Sheet
31 March 2024

31.3.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 488,769 488,769

CURRENT ASSETS
Cash at bank 5,866 8,405

CREDITORS
Amounts falling due within one year 5 515,800 507,712
NET CURRENT LIABILITIES (509,934 ) (499,307 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,165

)

(10,538

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (21,265 ) (10,638 )
SHAREHOLDERS' FUNDS (21,165 ) (10,538 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 December 2024 and were signed by:





S Lachhani - Director


Lachhani Properties Limited (Registered number: 10546344)

Notes to the Financial Statements
for the Period 1 February 2023 to 31 March 2024

1. STATUTORY INFORMATION

Lachhani 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.

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.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was NIL (2023 - NIL).

Lachhani Properties Limited (Registered number: 10546344)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 February 2023
and 31 March 2024 488,769
NET BOOK VALUE
At 31 March 2024 488,769
At 31 January 2023 488,769

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.1.23
£    £   
Bank loans and overdrafts (see note 6) 351,252 351,252
Other creditors 164,548 156,460
515,800 507,712

6. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.1.23
£    £   
Amounts falling due within one year or on demand:
Mortgage 351,252 351,252

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.1.23
value: £    £   
100 Ordinary 1 100 100

8. RESERVES
Retained
earnings
£   

At 1 February 2023 (10,638 )
Deficit for the period (10,627 )
At 31 March 2024 (21,265 )