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REGISTERED NUMBER: 14237936 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2024

for

LAMPTEY PROPERTIES LIMITED

LAMPTEY PROPERTIES LIMITED (Registered number: 14237936)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


LAMPTEY PROPERTIES LIMITED

Company Information
for the Year Ended 31 July 2024







DIRECTOR: J A Lamptey





REGISTERED OFFICE: Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ





REGISTERED NUMBER: 14237936 (England and Wales)





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

LAMPTEY PROPERTIES LIMITED (Registered number: 14237936)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 116,000 93,843

CURRENT ASSETS
Cash at bank 88,378 162

CREDITORS
Amounts falling due within one year 5 4,884 -
NET CURRENT ASSETS 83,494 162
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,494

94,005

CREDITORS
Amounts falling due after more than one
year

6

199,499

111,016
NET LIABILITIES (5 ) (17,011 )

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 22,157 -
Retained earnings (22,163 ) (17,012 )
(5 ) (17,011 )

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:



J A Lamptey - Director


LAMPTEY PROPERTIES LIMITED (Registered number: 14237936)

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

1. STATUTORY INFORMATION

LAMPTEY PROPERTIES 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 as modified by the revaluation of certain 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.

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
These accounts have been prepared on a going concern basis. The company is currently supported by the director.. The director has agreed to provide their support for a period no less than twelve months, therefore, the director considers it appropriate to prepare the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

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

LAMPTEY PROPERTIES LIMITED (Registered number: 14237936)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 93,843
Revaluations 22,157
At 31 July 2024 116,000
NET BOOK VALUE
At 31 July 2024 116,000
At 31 July 2023 93,843

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2024 116,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 4,863 -
Trade creditors 21 -
4,884 -

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 82,137 -
Other creditors 117,362 111,016
199,499 111,016

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 82,137 -

7. RESERVES
Revaluation
reserve
£   
Revaluations 22,157

At 31 July 2024 22,157