IRIS Accounts Production v24.3.2.46 13357552 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133575522023-04-30133575522024-04-30133575522023-05-012024-04-30133575522022-04-30133575522022-05-012023-04-30133575522023-04-3013357552ns15:EnglandWales2023-05-012024-04-3013357552ns14:PoundSterling2023-05-012024-04-3013357552ns10:Director12023-05-012024-04-3013357552ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3013357552ns10:SmallEntities2023-05-012024-04-3013357552ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3013357552ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3013357552ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3013357552ns10:FullAccounts2023-05-012024-04-3013357552ns10:Director22023-05-012024-04-3013357552ns10:CompanySecretary12023-05-012024-04-3013357552ns10:RegisteredOffice2023-05-012024-04-3013357552ns5:CurrentFinancialInstruments2024-04-3013357552ns5:CurrentFinancialInstruments2023-04-3013357552ns5:Non-currentFinancialInstruments2024-04-3013357552ns5:Non-currentFinancialInstruments2023-04-3013357552ns5:ShareCapital2024-04-3013357552ns5:ShareCapital2023-04-3013357552ns5:RetainedEarningsAccumulatedLosses2024-04-3013357552ns5:RetainedEarningsAccumulatedLosses2023-04-3013357552ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3013357552ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3013357552ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-04-3013357552ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-04-3013357552ns5:Secured2024-04-3013357552ns5:Secured2023-04-30
REGISTERED NUMBER: 13357552 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

LOUGHTON REFURBISHMENTS LIMITED

LOUGHTON REFURBISHMENTS LIMITED (REGISTERED NUMBER: 13357552)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LOUGHTON REFURBISHMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mrs R K Dhanoa
A S Dhanoa





SECRETARY:





REGISTERED OFFICE: Unit 6 Avenue Business Park
Justin Road, Chingford
London
E4 8SU





REGISTERED NUMBER: 13357552 (England and Wales)





ACCOUNTANTS: Ashfords Partnership LLP
114 - 116 Goodmayes Road
Ilford
Essex
IG3 9UZ

LOUGHTON REFURBISHMENTS LIMITED (REGISTERED NUMBER: 13357552)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 153,185 -

CURRENT ASSETS
Stocks 604,310 604,310
Debtors 5 - 600
Cash at bank and in hand 72,766 9,150
677,076 614,060
CREDITORS
Amounts falling due within one year 6 222,065 3,883
NET CURRENT ASSETS 455,011 610,177
TOTAL ASSETS LESS CURRENT
LIABILITIES

608,196

610,177

CREDITORS
Amounts falling due after more than one year 7 603,712 617,708
NET ASSETS/(LIABILITIES) 4,484 (7,531 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,384 (7,631 )
SHAREHOLDERS' FUNDS 4,484 (7,531 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

LOUGHTON REFURBISHMENTS LIMITED (REGISTERED NUMBER: 13357552)

BALANCE SHEET - continued
30 APRIL 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 22 January 2025 and were signed on its behalf by:





A S Dhanoa - Director


LOUGHTON REFURBISHMENTS LIMITED (REGISTERED NUMBER: 13357552)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Loughton Refurbishments 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Going concern
The accounts have been prepared on a going concern basis on the assumption that the company will continue to receive adequate financial assistance form the Directors who are also the Shareholders.

3. EMPLOYEES AND DIRECTORS

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

LOUGHTON REFURBISHMENTS LIMITED (REGISTERED NUMBER: 13357552)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 153,185
At 30 April 2024 153,185
NET BOOK VALUE
At 30 April 2024 153,185

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors - 600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 1,100 -
Other creditors 220,965 3,883
222,065 3,883

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 101,258 -
Amounts owed to associates 439,404 554,658
Other creditors 63,050 63,050
603,712 617,708

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 101,258 -

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank Loans 101,258 -
Loan Dallas Wear Pension Sch. 214,271 -
315,529 -

The loans are secured by way of a first charge over the property.