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REGISTERED NUMBER: 14858220 (England and Wales)















Unaudited Financial Statements

for the Period 10 May 2023 to 31 May 2024

for

LGH Homes Limited

LGH Homes Limited (Registered number: 14858220)






Contents of the Financial Statements
for the Period 10 May 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LGH Homes Limited

Company Information
for the Period 10 May 2023 to 31 May 2024







DIRECTORS: Miss L C Hughes
Mr L Glorney





REGISTERED OFFICE: 1759 Warwick Road
Knowle
Solihull
B93 0LX





REGISTERED NUMBER: 14858220 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

LGH Homes Limited (Registered number: 14858220)

Balance Sheet
31 May 2024

Notes £ £
FIXED ASSETS
Investment property 4 636,073

CURRENT ASSETS
Debtors 5 10,305
Cash at bank 3,466
13,771
CREDITORS
Amounts falling due within one year 6 528,333
NET CURRENT LIABILITIES (514,562 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,511

CREDITORS
Amounts falling due after more than one
year

7

217,550
NET LIABILITIES (96,039 )

CAPITAL AND RESERVES
Called up share capital 20
Retained earnings (96,059 )
(96,039 )

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

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

LGH Homes Limited (Registered number: 14858220)

Balance Sheet - continued
31 May 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 4 March 2025 and were signed on its behalf by:




Miss L C Hughes - Director



Mr L Glorney - Director


LGH Homes Limited (Registered number: 14858220)

Notes to the Financial Statements
for the Period 10 May 2023 to 31 May 2024

1. STATUTORY INFORMATION

LGH Homes 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.

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.

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.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the profit and loss account.
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.
Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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 period was 2 .

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
Additions 636,073
At 31 May 2024 636,073
NET BOOK VALUE
At 31 May 2024 636,073

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Amounts owed by group undertakings 10,305

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Amounts owed to group undertakings 2,350
Other creditors 525,983
528,333

LGH Homes Limited (Registered number: 14858220)

Notes to the Financial Statements - continued
for the Period 10 May 2023 to 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£
Bank loans 217,550