L & R Property (Halifax) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12924193

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		587,426		529,828

			587,426		529,828
CURRENT ASSETS
Cash at bank and in hand		3,822		63,542

		3,822		63,542
Creditors: Amounts Falling Due Within One Year	5	(421,725 )		(401,030 )

NET CURRENT ASSETS (LIABILITIES)			(417,903 )		(337,488 )

TOTAL ASSETS LESS CURRENT LIABILITIES			169,523		192,340

Creditors: Amounts Falling Due After More Than One Year	6		(239,692 )		(239,692 )

NET LIABILITIES			(70,169 )		(47,352 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(70,269 )		(47,452 )

SHAREHOLDERS' FUNDS			(70,169)		(47,352)

Page 1

Page 2

L & R Property (Halifax) Ltd

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr L E Paszko

Director

18th June 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

L & R Property (Halifax) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12924193 . The registered office is Heritage Exchange, South Lane, Elland, West Yorkshire, HX5 0HG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable from rental income, net of discounts and value added taxes.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Investments

	Unlisted
	£
Cost
As at 1 October 2023	529,828
Additions	57,598

As at 30 September 2024	587,426

Provision
As at 1 October 2023	-

As at 30 September 2024	-

Net Book Value
As at 30 September 2024	587,426

As at 1 October 2023	529,828

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	421,725	401,030

Page 3

Page 4

L & R Property (Halifax) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	239,692	239,692

7. Secured Creditors

Of the creditors the following amounts are secured.

	2024		2023
	£		£
Bank loans and overdrafts	239,692		239,692

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

9. Ultimate Controlling Party

The company's ultimate controlling party are Lee and Ryan Paszko by virtue of their ownership of 100% of the issued share capital in the company.