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REGISTERED NUMBER: 09928877 (England and Wales)














LWC INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






LWC INVESTMENTS LTD (REGISTERED NUMBER: 09928877)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LWC INVESTMENTS LTD

COMPANY INFORMATION
for the Year Ended 31 May 2024







DIRECTOR: LW Cousins





REGISTERED OFFICE: Willow Farm
Fancott
Toddington
Bedfordshire
LU5 6HT





REGISTERED NUMBER: 09928877 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

LWC INVESTMENTS LTD (REGISTERED NUMBER: 09928877)

STATEMENT OF FINANCIAL POSITION
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,167 1,558
Investments 6 76 76
Investment property 7 1,269,500 1,269,500
1,270,743 1,271,134

CURRENT ASSETS
Debtors 8 354,414 383,524
Cash at bank 42,038 12,971
396,452 396,495
CREDITORS
Amounts falling due within one year 9 1,602,453 1,621,675
NET CURRENT LIABILITIES (1,206,001 ) (1,225,180 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,742

45,954

PROVISIONS FOR LIABILITIES 26,623 14,336
NET ASSETS 38,119 31,618

CAPITAL AND RESERVES
Called up, paid and allotted share capital 1 1
Non-distributable reserve 10 68,372 80,659
Retained earnings 10 (30,254 ) (49,042 )
SHAREHOLDERS' FUNDS 38,119 31,618

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

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

LWC INVESTMENTS LTD (REGISTERED NUMBER: 09928877)

STATEMENT OF FINANCIAL POSITION - continued
31 May 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 19 February 2025 and were signed by:





LW Cousins - Director


LWC INVESTMENTS LTD (REGISTERED NUMBER: 09928877)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

LWC Investments 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, which is considered appropriate by the director as the company operates within its agreed banking facilities and with the support of the director.

Turnover
Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

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
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4. EMPLOYEES AND DIRECTORS

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

LWC INVESTMENTS LTD (REGISTERED NUMBER: 09928877)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 June 2023
and 31 May 2024 6,023
DEPRECIATION
At 1 June 2023 4,465
Charge for year 391
At 31 May 2024 4,856
NET BOOK VALUE
At 31 May 2024 1,167
At 31 May 2023 1,558

6. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 June 2023
and 31 May 2024 76
NET BOOK VALUE
At 31 May 2024 76
At 31 May 2023 76

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 1,269,500
NET BOOK VALUE
At 31 May 2024 1,269,500
At 31 May 2023 1,269,500

Investment properties were valued on an open market basis on 31 May 2024 by the director.

If investment properties had not been revalued they would have been included at historical cost totalling £1,174,505.

LWC INVESTMENTS LTD (REGISTERED NUMBER: 09928877)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

8. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors - 200
Other debtors 354,414 368,229
354,414 368,429

Amounts falling due after more than one year:
Other debtors - 15,095

Aggregate amounts 354,414 383,524

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 787 86
Other creditors 1,601,666 1,621,589
1,602,453 1,621,675

10. RESERVES
Retained Non-distributable
earnings reserve Totals
£    £    £   

At 1 June 2023 (49,042 ) 80,659 31,617
Profit for the year 6,501 6,501
Transfer between reserves 12,287 (12,287 ) -
At 31 May 2024 (30,254 ) 68,372 38,118

11. RELATED PARTY DISCLOSURES

The director operates a loan account with the company. During the year, loans in aggregate of £27,903 were repaid by the company. At the year end, the company owed the director £1,329,167.