1 April 2023 false No description of principal activity Taxfiler 2024.6 07620558business:PrivateLimitedCompanyLtd2023-04-012024-09-30 076205582023-03-31 076205582023-04-012024-09-30 07620558business:AuditExempt-NoAccountantsReport2023-04-012024-09-30 07620558business:FilletedAccounts2023-04-012024-09-30 076205582024-09-30 07620558business:Director12023-04-012024-09-30 07620558business:Director22023-04-012024-09-30 07620558business:RegisteredOffice2023-04-012024-09-30 076205582023-03-31 07620558core:WithinOneYear2024-09-30 07620558core:WithinOneYear2023-03-31 07620558core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 07620558core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07620558core:SharePremiumcore:PreviouslyStatedAmount2024-09-30 07620558core:SharePremiumcore:PreviouslyStatedAmount2023-03-31 07620558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 07620558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07620558core:PreviouslyStatedAmount2024-09-30 07620558core:PreviouslyStatedAmount2023-03-31 07620558business:SmallEntities2023-04-012024-09-30 07620558countries:EnglandWales2023-04-012024-09-30 07620558core:PlantMachinery2023-04-012024-09-30 07620558core:MotorVehicles2023-04-012024-09-30 07620558core:Goodwill2023-03-31 07620558core:Goodwill2024-09-30 07620558core:PlantMachinery2023-03-31 07620558core:MotorVehicles2023-03-31 07620558core:PlantMachinery2024-09-30 07620558core:MotorVehicles2024-09-30 07620558core:AfterOneYear2024-09-30 07620558core:AfterOneYear2023-03-31 076205582022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07620558 (England and Wales)
Lighthouse Estate Ltd Unaudited accounts for the period from 1 April 2023 to 30 September 2024
Lighthouse Estate Ltd Unaudited accounts Contents
Page
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Lighthouse Estate Ltd Company Information for the period from 1 April 2023 to 30 September 2024
Directors
MEHMET, Robert MEHMET, Sandra Ruth
Company Number
07620558 (England and Wales)
Registered Office
7 THE LINCOLNS LONDON NW7 4PD
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Lighthouse Estate Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
1 
Tangible assets
16,989 
27,182 
Investment property
9,259,717 
9,089,717 
Investments
1 
1 
9,276,708 
9,116,901 
Current assets
Debtors
9,441,272 
9,479,150 
Cash at bank and in hand
90,637 
339,214 
9,531,909 
9,818,364 
Creditors: amounts falling due within one year
(25,147)
(134,942)
Net current assets
9,506,762 
9,683,422 
Net assets
18,783,470 
18,800,323 
Capital and reserves
Called up share capital
200 
200 
Share premium
17,380,854 
17,380,854 
Profit and loss account
1,402,416 
1,419,269 
Shareholders' funds
18,783,470 
18,800,323 
For the period ending 30 September 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by
MEHMET, Robert Director Company Registration No. 07620558
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Lighthouse Estate Ltd Notes to the Accounts for the period from 1 April 2023 to 30 September 2024
1
Statutory information
Lighthouse Estate Ltd is a private company, limited by shares, registered in England and Wales, registration number 07620558. The registered office is 7 THE LINCOLNS, LONDON, NW7 4PD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% RB
Motor vehicles
25% RB
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Lighthouse Estate Ltd Notes to the Accounts for the period from 1 April 2023 to 30 September 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
1 
At 30 September 2024
1 
Amortisation
At 1 April 2023
- 
At 30 September 2024
- 
Net book value
At 30 September 2024
1 
At 31 March 2023
1 
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of nil years.
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
127,004 
14,250 
141,254 
At 30 September 2024
127,004 
14,250 
141,254 
Depreciation
At 1 April 2023
102,357 
11,715 
114,072 
Charge for the period
9,242 
951 
10,193 
At 30 September 2024
111,599 
12,666 
124,265 
Net book value
At 30 September 2024
15,405 
1,584 
16,989 
At 31 March 2023
24,647 
2,535 
27,182 
6
Investment property
2024 
£ 
Fair value at 1 April 2023
9,089,717 
Additions
170,000 
At 30 September 2024
9,259,717 
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognized in profit or loss.
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Lighthouse Estate Ltd Notes to the Accounts for the period from 1 April 2023 to 30 September 2024
7
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
1 
Valuation at 30 September 2024
1 
The company holds 100% share capital in Pattern House Ltd (registered in England and Wales).
8
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
165,448 
126,065 
Amounts due from group undertakings etc.
- 
10,123 
Other debtors
890 
13,228 
166,338 
149,416 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
9,274,734 
9,329,734 
Other debtors
200 
- 
9,274,934 
9,329,734 
9
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
63,660 
41,747 
Taxes and social security
(1,021)
29,881 
Other creditors
170,453 
232,027 
Loans from directors
(211,185)
(173,623)
Accruals
3,240 
4,910 
25,147 
134,942 
10
Transactions with related parties
During the year, the Company invoiced £157,827 to Pattern House Ltd, the subsidiary company for the property management services. At the year-end, a balance of £54,026 was due to Pattern House Ltd and £9,274,734 was due from Pattern House Ltd
11
Average number of employees
During the period the average number of employees was 4 (2023: 4).
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