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REGISTERED NUMBER: 14376773 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

LING INVEST LTD

LING INVEST LTD (REGISTERED NUMBER: 14376773)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LING INVEST LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: P Mackenzie
Mrs C E M King
Mrs G Ross





SECRETARY: Mrs N Kinnie





REGISTERED OFFICE: Stoneleigh Abbey Mews
Stoneleigh Abbey
Kenilworth
Warwickshire
CV8 2LF





REGISTERED NUMBER: 14376773 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

LING INVEST LTD (REGISTERED NUMBER: 14376773)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,554 -
Investments 5 18 18
38,572 18

CURRENT ASSETS
Stocks 600,000 450,000
Debtors 6 10,143 100
Cash at bank 15 149,965
610,158 600,065
CREDITORS
Amounts falling due within one year 7 4,805 1,672
NET CURRENT ASSETS 605,353 598,393
TOTAL ASSETS LESS CURRENT
LIABILITIES

643,925

598,411

CREDITORS
Amounts falling due after more than one
year

8

658,439

600,186
NET LIABILITIES (14,514 ) (1,775 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (14,614 ) (1,875 )
(14,514 ) (1,775 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

LING INVEST LTD (REGISTERED NUMBER: 14376773)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by:




Mrs G Ross - Director P Mackenzie - Director




Mrs C E M King - Director


LING INVEST LTD (REGISTERED NUMBER: 14376773)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Ling Invest 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.

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
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 and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

LING INVEST LTD (REGISTERED NUMBER: 14376773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 47,394 958 48,352
At 30 September 2024 47,394 958 48,352
DEPRECIATION
Charge for year 9,479 319 9,798
At 30 September 2024 9,479 319 9,798
NET BOOK VALUE
At 30 September 2024 37,915 639 38,554

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 October 2023
and 30 September 2024 18
NET BOOK VALUE
At 30 September 2024 18
At 30 September 2023 18

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Upper Townhouse Longborough SPV Ltd
Registered office: Stoneleigh Avvey Mews, Stoneleigh Abbey, Kenilworth, Warwickshire, CV8 2LF.
Nature of business: Development of residential properties
%
Class of shares: holding
Ordinary 18.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 100 100
VAT 10,043 -
10,143 100

LING INVEST LTD (REGISTERED NUMBER: 14376773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 250 250
Amounts owed to group undertakings 18 18
Other creditors 1,754 294
Directors' current accounts 1,933 -
Accrued expenses 850 1,110
4,805 1,672

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans more 5yrs non-inst 658,439 600,186

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 658,439 600,186