LANEY (NI) LIMITED

Company Registration Number:
NI625205 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

LANEY (NI) LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

LANEY (NI) LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 1,049,376 1,049,376
Total fixed assets: 1,049,376 1,049,376
Current assets
Debtors:     77
Cash at bank and in hand: 1 1
Total current assets: 1 78
Creditors: amounts falling due within one year:   (336,275) (344,425)
Net current assets (liabilities): (336,274) (344,347)
Total assets less current liabilities: 713,102 705,029
Creditors: amounts falling due after more than one year:   (39,260) (57,891)
Provision for liabilities: (75,467) (75,467)
Total net assets (liabilities): 598,375 571,671
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4151,129151,129
Profit and loss account: 447,146 420,442
Shareholders funds: 598,375 571,671

The notes form part of these financial statements

LANEY (NI) LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 March 2025
and signed on behalf of the board by:

Name: Stephen Gray
Status: Director

The notes form part of these financial statements

LANEY (NI) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value of sales made in the year.

Tangible fixed assets and depreciation policy

Investment property is property held either to earn rental income or for capital appreciation (including future re-development) or both. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the revaluation reserve in the balance sheet.

LANEY (NI) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

LANEY (NI) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Fixed investments

Investment Properties Cost £ At 30/06/2024 1,049,376 Net book value At 30/06/2024 1,049,376 At 30/06/2023 1,049,376

LANEY (NI) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Revaluation reserve

2024
£
Balance at 01 July 2023 151,129
Surplus or deficit after revaluation 0
Balance at 30 June 2024 151,129