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REGISTERED NUMBER: 09674063 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2024

for

L&L Chatham Property Limited

L&L Chatham Property Limited (Registered number: 09674063)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


L&L Chatham Property Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: D C Lawrence





REGISTERED OFFICE: 3 Hagley Court North
The Waterfront
Dudley
DY5 1XF





REGISTERED NUMBER: 09674063 (England and Wales)





ACCOUNTANTS: Cox & Co Limited
Chartered Certified Accountants
3 Hagley Court North
The Waterfront
Dudley
West Midlands
DY5 1XF

L&L Chatham Property Limited (Registered number: 09674063)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,592 9,640
Investment property 5 477,463 477,463
485,055 487,103

CURRENT ASSETS
Debtors 6 1,000 -
Cash at bank 11,715 8,989
12,715 8,989
CREDITORS
Amounts falling due within one year 7 (235,788 ) (235,382 )
NET CURRENT LIABILITIES (223,073 ) (226,393 )
TOTAL ASSETS LESS CURRENT LIABILITIES 261,982 260,710

CREDITORS
Amounts falling due after more than one year 8 (265,965 ) (265,965 )
NET LIABILITIES (3,983 ) (5,255 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (4,983 ) (6,255 )
SHAREHOLDERS' FUNDS (3,983 ) (5,255 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 28 April 2025 and were signed by:





D C Lawrence - Director


L&L Chatham Property Limited (Registered number: 09674063)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

L&L Chatham Property 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
In preparing the accounts the director has assessed the company's ability to continue as a going concern for the period of 1 year from the approval of these accounts. The director considers the going concern basis of preparing the accounts appropriate as financial support will be provided by the director if required.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Investment property
The investment property is carried at cost less accumulated depreciation on the basis that it cannot be measured reliably without undue cost or effort on an on-going basis.

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 NIL (2023 - NIL).

L&L Chatham Property Limited (Registered number: 09674063)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 20,475
DEPRECIATION
At 1 August 2023 10,835
Charge for year 2,048
At 31 July 2024 12,883
NET BOOK VALUE
At 31 July 2024 7,592
At 31 July 2023 9,640

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 477,463
NET BOOK VALUE
At 31 July 2024 477,463
At 31 July 2023 477,463

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 1,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 406 -
Other creditors 235,382 235,382
235,788 235,382

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 265,965 265,965

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 265,965 265,965

L&L Chatham Property Limited (Registered number: 09674063)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank loans 265,965 265,965

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D C Lawrence.