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REGISTERED NUMBER: 10693810 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Longdole Limited

Longdole Limited (Registered number: 10693810)






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

Chartered Accountants' Report 7

Longdole Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: W A H L Lucas





SECRETARY: Mrs E C Salter





REGISTERED OFFICE: Unit 96 The Maltings Business Centre
Stanstead Abbotts
Hertfordshire
SG12 8HG





REGISTERED NUMBER: 10693810 (England and Wales)





ACCOUNTANTS: Hall & Co Accountancy Ltd
Unit 96 The Maltings
Stanstead Abbotts
Ware
Hertfordshire
SG12 8HG

Longdole Limited (Registered number: 10693810)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,146,641 4,044,626
Investments 5 67,000 67,000
Investment property 6 3,400,944 3,150,000
7,614,585 7,261,626

CURRENT ASSETS
Debtors 7 2,636,762 2,467,043
Cash at bank 576,189 1,355,312
3,212,951 3,822,355
CREDITORS
Amounts falling due within one year 8 42,212 58,735
NET CURRENT ASSETS 3,170,739 3,763,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,785,324

11,025,246

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 10,784,924 11,024,846
10,785,324 11,025,246

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 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.

Longdole Limited (Registered number: 10693810)

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 director and authorised for issue on 13 January 2025 and were signed by:





W A H L Lucas - Director


Longdole Limited (Registered number: 10693810)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Longdole 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Longdole Limited (Registered number: 10693810)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Other
Business Plant and
assets machinery Totals
£    £    £   
COST
At 1 April 2023 4,039,922 5,880 4,045,802
Additions 103,191 - 103,191
At 31 March 2024 4,143,113 5,880 4,148,993
DEPRECIATION
At 1 April 2023 - 1,176 1,176
Charge for year - 1,176 1,176
At 31 March 2024 - 2,352 2,352
NET BOOK VALUE
At 31 March 2024 4,143,113 3,528 4,146,641
At 31 March 2023 4,039,922 4,704 4,044,626

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 April 2023
and 31 March 2024 67,000
NET BOOK VALUE
At 31 March 2024 67,000
At 31 March 2023 67,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 3,150,000
Additions 250,944
At 31 March 2024 3,400,944
NET BOOK VALUE
At 31 March 2024 3,400,944
At 31 March 2023 3,150,000

Longdole Limited (Registered number: 10693810)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Other debtors 2,232,565 2,232,543

Amounts falling due after more than one year:
Amounts owed by group undertakings 404,197 234,500

Aggregate amounts 2,636,762 2,467,043

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 4,554 21,077
Other creditors 37,658 37,658
42,212 58,735

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.24 31.3.23
£    £   
W A H L Lucas
Balance outstanding at start of year 1,506,151 1,506,916
Amounts repaid 22 (765 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,506,173 1,506,151

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Longdole Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Longdole Limited for the year ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Longdole Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Longdole Limited and state those matters that we have agreed to state to the director of Longdole Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Longdole Limited and its director for our work or for this report.

It is your duty to ensure that Longdole Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Longdole Limited. You consider that Longdole Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Longdole Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hall & Co Accountancy Ltd
Unit 96 The Maltings
Stanstead Abbotts
Ware
Hertfordshire
SG12 8HG


13 January 2025