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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
Page
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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
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LORVEN ESTATES LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
657,104 
657,104 
Current assets
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)
Net assets
4,813 
1,299 
Capital and reserves
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
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LORVEN ESTATES LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
657,104 
At 31 August 2024
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 
Accruals
1,106 
666 
10,018 
9,578 
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).
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