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REGISTERED NUMBER: 00526205 (England and Wales)















Unaudited Financial Statements

for the Period 1 July 2023 to 31 August 2024

for

LAVENDER PROPERTY INVESTMENTS LIMITED

LAVENDER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00526205)

Contents of the Financial Statements
for the period 1 July 2023 to 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAVENDER PROPERTY INVESTMENTS LIMITED

Company Information
for the period 1 July 2023 to 31 August 2024







Directors: M E Woodruff
L M Woodruff





Secretary: L M Woodruff





Registered office: 3rd Floor
86 - 90 Paul Street
London
EC2A 4NE





Registered number: 00526205 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Aissela
46 High Street
Esher
Surrey
KT10 9QY

LAVENDER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00526205)

Balance Sheet
31 August 2024

31/8/24 30/6/23
Notes £ £ £ £
Fixed assets
Tangible assets 4 36,434 53,897
Investments 5 829,887 829,887
Investment property 6 1,777,772 3,340,204
2,644,093 4,223,988

Current assets
Stocks 2,300,586 2,407,411
Debtors 7 201,994 1,119,005
Cash at bank and in hand 23,468 72,506
2,526,048 3,598,922
Creditors
Amounts falling due within one year 8 538,971 294,757
Net current assets 1,987,077 3,304,165
Total assets less current liabilities 4,631,170 7,528,153

Creditors
Amounts falling due after more than one
year

9

(2,236,475

)

(5,982,446

)

Provisions for liabilities 11 (210,485 ) (283,024 )
Net assets 2,184,210 1,262,683

Capital and reserves
Called up share capital 12 250 250
Retained earnings 2,183,960 1,262,433
Shareholders' funds 2,184,210 1,262,683

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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.

LAVENDER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00526205)

Balance Sheet - continued
31 August 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2025 and were signed on its behalf by:





M E Woodruff - Director


LAVENDER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00526205)

Notes to the Financial Statements
for the period 1 July 2023 to 31 August 2024


1. Statutory information

Lavender Property Investments Limited 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 as modified by the revaluation of certain assets.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires
management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried
out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


LAVENDER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00526205)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 August 2024


2. Accounting policies - continued
Taxation
Taxation for the period comprises current and deferred 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.

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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

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

4. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£ £ £
Cost
At 1 July 2023 78,504 84,939 163,443
Additions - 8,321 8,321
At 31 August 2024 78,504 93,260 171,764
Depreciation
At 1 July 2023 63,064 46,482 109,546
Charge for period 4,301 21,483 25,784
At 31 August 2024 67,365 67,965 135,330
Net book value
At 31 August 2024 11,139 25,295 36,434
At 30 June 2023 15,440 38,457 53,897

5. Fixed asset investments
Other
investments
£
Cost
At 1 July 2023
and 31 August 2024 829,887
Net book value
At 31 August 2024 829,887
At 30 June 2023 829,887

LAVENDER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00526205)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 August 2024


6. Investment property
Total
£
Fair value
At 1 July 2023 3,340,204
Disposals (1,562,432 )
At 31 August 2024 1,777,772
Net book value
At 31 August 2024 1,777,772
At 30 June 2023 3,340,204

Fair value at 31 August 2024 is represented by:
£
Valuation in 2017 332,084
Valuation in 2018 240,361
Valuation in 2021 575,645
Valuation in 2023 250,000
Valuation in 2024 (385,152 )
Cost 764,834
1,777,772

7. Debtors: amounts falling due within one year
31/8/24 30/6/23
£ £
Trade debtors 31,050 124,550
Other debtors 170,944 994,455
201,994 1,119,005

8. Creditors: amounts falling due within one year
31/8/24 30/6/23
£ £
Bank loans and overdrafts 97,559 37,181
Hire purchase contracts 3,675 3,675
Trade creditors 727 35,207
Taxation and social security 244,674 9,047
Other creditors 192,336 209,647
538,971 294,757

9. Creditors: amounts falling due after more than one year
31/8/24 30/6/23
£ £
Bank loans 2,231,881 5,973,565
Hire purchase contracts 4,594 8,881
2,236,475 5,982,446

LAVENDER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00526205)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 August 2024


9. Creditors: amounts falling due after more than one year - continued
31/8/24 30/6/23
£ £
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,231,881 5,973,565

10. Secured debts

The following secured debts are included within creditors:

31/8/24 30/6/23
£ £
Bank loans 2,269,062 6,010,746

There is a fixed charge over the properties owned by the companies in respect of bank loans.

11. Provisions for liabilities
31/8/24 30/6/23
£ £
Deferred tax 210,485 283,024

Deferred tax
£
Balance at 1 July 2023 283,024
Credit to Profit and loss account during period (72,539 )
Balance at 31 August 2024 210,485

12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/8/24 30/6/23
value: £ £
250 Ordinary £1 250 250

13. Related party disclosures

At the balance sheet date, the company was owed £2,808 (2023 £54,308) from an associated company. The loan is interest free and repayable on demand.

At the balance sheet date the directors were owed £149,941. This amount is interest free and repayable on demand.