Company Registration No. 12838830 (England and Wales)
LORVEN ESTATES LIMITED
Unaudited accounts
for the year ended 31 August 2024
LORVEN ESTATES LIMITED
Unaudited accounts
Contents
LORVEN ESTATES LIMITED
Company Information
for the year ended 31 August 2024
Directors
Vijaya Bhaskar CHENNADI
Swapna CHENNADI
Company Number
12838830 (England and Wales)
Registered Office
6 Leslie Gardens
Sutton
SM2 6QU
England
Accountants
VSCT Tax Consultancy Ltd
Chartered Certified Accountants and
Tax Advisers
406 Brighton Road
South Croydon
CR2 6AN
LORVEN ESTATES LIMITED
Statement of financial position
as at 31 August 2024
Investment property
657,104
657,104
Cash at bank and in hand
2,307
2,753
Creditors: amounts falling due within one year
(10,018)
(9,578)
Net current liabilities
(7,711)
(6,825)
Total assets less current liabilities
649,393
650,279
Creditors: amounts falling due after more than one year
(644,580)
(648,980)
Called up share capital
200
200
Profit and loss account
4,613
1,099
Shareholders' funds
4,813
1,299
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by
Swapna CHENNADI
Director
Company Registration No. 12838830
LORVEN ESTATES LIMITED
Notes to the Accounts
for the year ended 31 August 2024
LORVEN ESTATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12838830. The registered office is 6 Leslie Gardens, Sutton, SM2 6QU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 September 2023
657,104
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
7,500
7,500
Loans from directors
1,412
1,412
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
644,580
648,980
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).