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REGISTERED NUMBER: 14617586 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lion House Properties Limited

Lion House Properties Limited (Registered number: 14617586)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Balance Sheet 1

Notes to the Financial Statements 3


Lion House Properties Limited (Registered number: 14617586)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
Fixed assets
Investment property 4 1,140,538 1,140,538

Current assets
Debtors 5 453 682
Cash at bank 4,965 6,930
5,418 7,612
Creditors
Amounts falling due within one year 6 1,109,113 1,143,596
Net current liabilities (1,103,695 ) (1,135,984 )
Total assets less current liabilities 36,843 4,554

Capital and reserves
Called up share capital 7 100 100
Retained earnings 36,743 4,454
Shareholders' funds 36,843 4,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Lion House Properties Limited (Registered number: 14617586)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by:





M Tidy - Director


Lion House Properties Limited (Registered number: 14617586)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. Statutory information

Lion House Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14617586

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£)

The company's reporting period was twelve months. The comparative period was from incorporation therefore covered 14 months. The two sets of results are therefore not immediately comparable.

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.

Turnover
Rents received are shown gross of commissions and fees.

Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Lion House Properties Limited (Registered number: 14617586)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. Accounting policies - continued
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 (2024 - NIL).

4. Investment property
Total
£   
Fair value
At 1 April 2024
and 31 March 2025 1,140,538
Net book value
At 31 March 2025 1,140,538
At 31 March 2024 1,140,538

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Other debtors 453 682

6. Creditors: amounts falling due within one year
2025 2024
£    £   
Taxation and social security 7,574 2,921
Other creditors 1,101,539 1,140,675
1,109,113 1,143,596

Lion House Properties Limited (Registered number: 14617586)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
20 Ordinary A £1 20 20
20 Ordinary B £1 20 20
30 Ordinary C £1 30 30
30 Ordinary D £1 30 30
100 100

8. Related party disclosures

At the year end, the company owed the directors £1,099,131 (2024 £1,132,131).