Company registration number 8077366 (England and Wales)
LAKESIDE HOUSE LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
LAKESIDE HOUSE LIMITED
CONTENTS
Page
Director's report
1
Balance sheet
2
Notes to the financial statements
3 - 5
LAKESIDE HOUSE LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MAY 2024
- 1 -

The director presents his annual report and financial statements for the year ended 31 May 2024.

Principal activities

The principal activity of the company continued to be that of the marketing and administration of pension schemes.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

G E Draper
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
G E Draper
Director
27 February 2025
LAKESIDE HOUSE LIMITED
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
417
625
Current assets
Debtors
4
1,500
2,339
Cash at bank and in hand
44,591
50,249
46,091
52,588
Creditors: amounts falling due within one year
5
(36,014)
(32,910)
Net current assets
10,077
19,678
Net assets
10,494
20,303
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
10,394
20,203
Total equity
10,494
20,303

For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 27 February 2025
G E Draper
Director
Company registration number 8077366 (England and Wales)
LAKESIDE HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
- 3 -
1
Accounting policies
Company information

Lakeside House Limited is a private company limited by shares incorporated in England and Wales. The registered office is 308 Ewell Road, Surbiton, Surrey, KT6 7AL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

LAKESIDE HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2023 and 31 May 2024
1,932
Depreciation and impairment
At 1 June 2023
1,307
Depreciation charged in the year
208
At 31 May 2024
1,515
Carrying amount
At 31 May 2024
417
At 31 May 2023
625
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,500
-
0
Other debtors
-
0
2,339
1,500
2,339
5
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
22,373
22,832
Other taxation and social security
7,224
7,362
Other creditors
6,417
2,716
36,014
32,910
LAKESIDE HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 5 -
6
Ultimate Controlling Party

The ultimate controlling party is G E Draper.

 

The company was owned by the Forme Vitale Limited International Retirements Benefits scheme who received £85,800 (2023 - £80,500) dividend in the year.

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