Company registration number: 14250906
Unaudited financial statements
for the year ended 31 July 2024
for
Lodgehill Investment Group Ltd
Pages for filing with the Registrar
Company registration number: 14250906
Lodgehill Investment Group Ltd
Balance sheet
as at 31 July 2024
31 Jul 24 31 Jul 23
Note £ £ £ £
Fixed assets
Investments 4 100 100
Investment property 5 594,566 389,566
594,666 389,666
Current assets
Debtors 72,007 87,614
Cash at bank and in hand 145,602 19,169
217,609 106,783
Creditors: amounts falling due within one
year
(276,677) (2,600)
Net current (liabilities)/assets (59,068) 104,183
Total assets less current liabilities 535,598 493,849
Creditors: Amounts falling due after more
than one year
(617,450) (541,517)
NET LIABILITIES (81,852) (47,668)
Capital and reserves
Called up share capital 400 400
Profit and loss account (82,252) (48,068)
TOTAL EQUITY (81,852) (47,668)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14250906
Lodgehill Investment Group Ltd
Balance sheet - continued
as at 31 July 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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 15 April 2025 and signed on its behalf by:
Mr S Adler, Director Mr J Lipszyc, Director
15 April 2025 15 April 2025
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Lodgehill Investment Group Ltd
Notes to the financial statements
for the year ended 31 July 2024
1 Company information
Lodgehill Investment Group Ltd is a private company registered in England and Wales. Its registered number is 14250906. The company is limited by shares. Its registered office is The Lodge, 37 Hendon Lane, London, N3 1RY.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the year the average number of employees was 3 (2023 - 3).
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Lodgehill Investment Group Ltd
Notes to the financial statements - continued
for the year ended 31 July 2024
4 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 August 2023 100
At 31 July 2024 100
Net book value
At 31 July 2024 100
At 31 July 2023 100
5 Investment property
£
Valuation
At 1 August 2023 389,566
Additions 205,000
At 31 July 2024 594,566
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