Company Registration No. 07008452 (England and Wales)
Linden Lea Properties (UK) Ltd
Unaudited accounts
for the year ended 30 September 2024
Linden Lea Properties (UK) Ltd
Unaudited accounts
Contents
Linden Lea Properties (UK) Ltd
Company Information
for the year ended 30 September 2024
Directors
Matthew Dobson
Stephanie Wearden
Company Number
07008452 (England and Wales)
Registered Office
Linden Lea
Rawdon Hall Drive
Rawdon, Leeds
LS19 6HD
United Kingdom
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Linden Lea Properties (UK) Ltd
Accountants' report
Accountants' report to the board of directors of Linden Lea Properties (UK) Ltd on the preparation of the unaudited statutory accounts for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Linden Lea Properties (UK) Ltd for the year ended
30 September 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Linden Lea Properties (UK) Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Linden Lea Properties (UK) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Linden Lea Properties (UK) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Linden Lea Properties (UK) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Linden Lea Properties (UK) Ltd. You consider that Linden Lea Properties (UK) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Linden Lea Properties (UK) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
6 June 2025
Linden Lea Properties (UK) Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
1,711
3,815
Investment property
781,547
791,547
Cash at bank and in hand
3,819
2,140
Creditors: amounts falling due within one year
(593,613)
(815,095)
Net current liabilities
(565,837)
(790,223)
Total assets less current liabilities
217,421
5,139
Creditors: amounts falling due after more than one year
(244,446)
(5,500)
Net liabilities
(27,025)
(361)
Called up share capital
100
100
Revaluation reserve
49,121
56,597
Profit and loss account
(76,246)
(57,058)
Shareholders' funds
(27,025)
(361)
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 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 16 June 2025 and were signed on its behalf by
Stephanie Wearden
Director
Company Registration No. 07008452
Linden Lea Properties (UK) Ltd
Notes to the Accounts
for the year ended 30 September 2024
Linden Lea Properties (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 07008452. The registered office is Linden Lea, Rawdon Hall Drive, Rawdon, Leeds, LS19 6HD, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Linden Lea Properties (UK) Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
65
9,220
6,747
16,032
At 30 September 2024
65
9,220
6,747
16,032
At 1 October 2023
65
8,385
3,767
12,217
Charge for the year
-
835
1,269
2,104
At 30 September 2024
65
9,220
5,036
14,321
At 30 September 2024
-
-
1,711
1,711
At 30 September 2023
-
835
2,980
3,815
The freehold building was valued by the Directors on an open market basis, at the year end.
Fair value at 1 October 2023
791,547
Net loss from fair value adjustments
(9,968)
At 30 September 2024
781,547
The investment properties were valued by the Directors at the year end.
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Loans from directors
586,854
813,470
Linden Lea Properties (UK) Ltd
Notes to the Accounts
for the year ended 30 September 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Aggregate of amounts that fall due for payment after five years
244,446
5,500
Also included in long term creditors are other bank loans secured on investment properties. Personal guarantees have been provided.
9
Transactions with related parties
At the year end the directors were owed £586,863 (2023 - £813,468). No interest has been charged (2023 - £0)
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).