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REGISTERED NUMBER: 14875311 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024

FOR

LAMBDA PROPERTY LIMITED

LAMBDA PROPERTY LIMITED (REGISTERED NUMBER: 14875311)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LAMBDA PROPERTY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024







DIRECTORS: Mr V Singh
Mr U Singh
Mr U Singh
Mrs R Singh





REGISTERED OFFICE: 92 Walton Road
Bushey
WD23 2FE





REGISTERED NUMBER: 14875311 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

LAMBDA PROPERTY LIMITED (REGISTERED NUMBER: 14875311)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

Notes £    £   
FIXED ASSETS
Investment property 4 3,284,077

CURRENT ASSETS
Debtors 5 206
Cash at bank 10,380
10,586
CREDITORS
Amounts falling due within one year 6 777,676
NET CURRENT LIABILITIES (767,090 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,516,987

CREDITORS
Amounts falling due after more than one
year

7

1,703,669
NET ASSETS 813,318

CAPITAL AND RESERVES
Called up share capital 8 101
Share premium 807,477
Retained earnings 5,740
SHAREHOLDERS' FUNDS 813,318

LAMBDA PROPERTY LIMITED (REGISTERED NUMBER: 14875311)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2024


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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

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 Board of Directors and authorised for issue on 16 February 2025 and were signed on its behalf by:





Mr U Singh - Director


LAMBDA PROPERTY LIMITED (REGISTERED NUMBER: 14875311)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024


1. STATUTORY INFORMATION

Lambda Property 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.

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 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 3,284,077
At 31 May 2024 3,284,077
Net book value
At 31 May 2024 3,284,077

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 206

LAMBDA PROPERTY LIMITED (REGISTERED NUMBER: 14875311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 MAY 2023 TO 31 MAY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 3,240
Amounts owed to associates 59,000
Taxation and social security 1,347
Other creditors 714,089
777,676

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 3,617
Other creditors 1,700,052
1,703,669

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 1,700,052

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2,469 Class A £0.01 25
2,469 Class B £0.01 25
5,068 Class C to Q £0.01 51
101