LOVELY HALL LIMITED

Company Registration Number:
10691784 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

LOVELY HALL LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

LOVELY HALL LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 1,550,000 1,550,000
Total fixed assets: 1,550,000 1,550,000
Current assets
Debtors:   77,085 55,582
Cash at bank and in hand: 504 0
Total current assets: 77,589 55,582
Creditors: amounts falling due within one year:   (53,476) (12,257)
Net current assets (liabilities): 24,113 43,325
Total assets less current liabilities: 1,574,113 1,593,325
Creditors: amounts falling due after more than one year: 4 (1,623,154) (1,623,154)
Total net assets (liabilities): (49,041) (29,829)
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:5132,500132,500
Profit and loss account: (181,641) (162,429)
Shareholders funds: (49,041) (29,829)

The notes form part of these financial statements

LOVELY HALL 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 28 March 2025
and signed on behalf of the board by:

Name: K Eagle
Status: Director

The notes form part of these financial statements

LOVELY HALL 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

Other accounting policies

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

LOVELY HALL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

LOVELY HALL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Fixed investments

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

LOVELY HALL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due after more than one year note

Included in other creditors due after 1 year are amounts owed to Miss Kelly Eagle of £330,036 (2023 : £330,036). Miss Kelly Eagle is sole director and 100% shareholder in Lovely Hall Limited. As at 30th June 2024, Together Commercial Finance Limited held a fixed and floating charge over the company, of which the charge covers all the property or undertaking by the company.

LOVELY HALL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Revaluation reserve

2024
£
Balance at 01 July 2023 132,500
Surplus or deficit after revaluation 0
Balance at 30 June 2024 132,500