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REGISTERED NUMBER: 04094680 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

L A N DEVELOPMENTS LTD.

L A N DEVELOPMENTS LTD. (REGISTERED NUMBER: 04094680)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


L A N DEVELOPMENTS LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: LA Nicholas
PR Nicholas





REGISTERED OFFICE: 115c Milton Road
Cambridge
Cambridgeshire
CB4 1XE





REGISTERED NUMBER: 04094680 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

L A N DEVELOPMENTS LTD. (REGISTERED NUMBER: 04094680)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 133

CURRENT ASSETS
Stocks 283,990 269,350
Debtors 5 1,639 189
Cash at bank 1,141 3,056
286,770 272,595
CREDITORS
Amounts falling due within one year 6 56,188 39,985
NET CURRENT ASSETS 230,582 232,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

230,582

232,743

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 230,482 232,643
SHAREHOLDERS' FUNDS 230,582 232,743

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:





LA Nicholas - Director


L A N DEVELOPMENTS LTD. (REGISTERED NUMBER: 04094680)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

L A N Developments Ltd. 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 (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - at varying rates on cost
Office equipment - 25% on cost
Motor vehicles - 25% on cost

Stocks and work in progress
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

L A N DEVELOPMENTS LTD. (REGISTERED NUMBER: 04094680)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Plant and Office Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 66,739 3,055 6,480 76,274
DEPRECIATION
At 1 November 2023 66,739 2,922 6,480 76,141
Charge for year - 133 - 133
At 31 October 2024 66,739 3,055 6,480 76,274
NET BOOK VALUE
At 31 October 2024 - - - -
At 31 October 2023 - 133 - 133

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 1,639 189

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11 80
Other creditors 20,000 20,356
Directors' current accounts 35,152 18,524
Accruals and deferred income 1,025 1,025
56,188 39,985

7. ULTIMATE CONTROLLING PARTY

The controlling parties are L A Nicholas and P R Nicholas by virtue of their ownership of 80% of the issued
ordinary share capital in the company.