2 2 Lakas Housing Ltd 13596172 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Buying and selling of property Digita Accounts Production Advanced 6.30.9574.0 true 13596172 2023-10-01 2024-09-30 13596172 2024-09-30 13596172 core:CurrentFinancialInstruments 2024-09-30 13596172 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 13596172 core:Non-currentFinancialInstruments 2024-09-30 13596172 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 13596172 core:LandBuildings core:OwnedOrFreeholdAssets 2024-09-30 13596172 bus:SmallEntities 2023-10-01 2024-09-30 13596172 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 13596172 bus:FilletedAccounts 2023-10-01 2024-09-30 13596172 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13596172 bus:RegisteredOffice 2023-10-01 2024-09-30 13596172 bus:Director1 2023-10-01 2024-09-30 13596172 bus:Director2 2023-10-01 2024-09-30 13596172 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13596172 bus:Agent1 2023-10-01 2024-09-30 13596172 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 13596172 countries:EnglandWales 2023-10-01 2024-09-30 13596172 2023-09-30 13596172 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 13596172 2022-10-01 2023-09-30 13596172 2023-09-30 13596172 core:CurrentFinancialInstruments 2023-09-30 13596172 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 13596172 core:Non-currentFinancialInstruments 2023-09-30 13596172 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 13596172 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 xbrli:pure iso4217:GBP

Registration number: 13596172

Lakas Housing Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Lakas Housing Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Lakas Housing Ltd

Company Information

Directors

Mr S Dunleavy

Ms J Schaffer

Registered office

17 Stonecot Hill
Sutton
Surrey
SM3 9HB

Accountants

DG Accountancy Services Limited
Chartered Accountants17 Stonecot Hill
Sutton
Surrey
SM3 9HB

 

Lakas Housing Ltd

(Registration number: 13596172)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

278,641

278,641

Current assets

 

Debtors

5

2,343

-

Cash at bank and in hand

 

30,542

30,876

 

32,885

30,876

Creditors: Amounts falling due within one year

6

(110,904)

(117,301)

Net current liabilities

 

(78,019)

(86,425)

Total assets less current liabilities

 

200,622

192,216

Creditors: Amounts falling due after more than one year

6

(220,093)

(214,072)

Net liabilities

 

(19,471)

(21,856)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(19,472)

(21,857)

Shareholders' deficit

 

(19,471)

(21,856)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 March 2025 and signed on its behalf by:
 

.........................................
Mr S Dunleavy
Director

   
     
 

Lakas Housing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
17 Stonecot Hill
Sutton
Surrey
SM3 9HB

These financial statements were authorised for issue by the Board on 11 March 2025.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Property

Nil

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Lakas Housing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 October 2023

278,641

278,641

At 30 September 2024

278,641

278,641

Depreciation

Carrying amount

At 30 September 2024

278,641

278,641

At 30 September 2023

278,641

278,641

Included within the net book value of land and buildings above is £278,641 (2023 - £278,641) in respect of freehold land and buildings.
 

5

Debtors

Current

2024
£

2023
£

Other debtors

2,343

-

 

2,343

-

 

Lakas Housing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

4,095

3,803

Other creditors

106,809

113,498

110,904

117,301

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

220,093

214,072

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

220,093

214,072