IRIS Accounts Production v25.1.4.42 10296791 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh102967912023-09-30102967912024-09-30102967912023-10-012024-09-30102967912022-09-30102967912022-10-012023-09-30102967912023-09-3010296791ns15:EnglandWales2023-10-012024-09-3010296791ns14:PoundSterling2023-10-012024-09-3010296791ns10:Director12023-10-012024-09-3010296791ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010296791ns10:SmallEntities2023-10-012024-09-3010296791ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010296791ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010296791ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010296791ns10:FullAccounts2023-10-012024-09-3010296791ns10:OrdinaryShareClass12023-10-012024-09-3010296791ns10:Director22023-10-012024-09-3010296791ns10:RegisteredOffice2023-10-012024-09-3010296791ns5:CurrentFinancialInstruments2024-09-3010296791ns5:CurrentFinancialInstruments2023-09-3010296791ns5:Non-currentFinancialInstruments2024-09-3010296791ns5:Non-currentFinancialInstruments2023-09-3010296791ns5:ShareCapital2024-09-3010296791ns5:ShareCapital2023-09-3010296791ns5:FurtherSpecificReserve3ComponentTotalEquity2024-09-3010296791ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3010296791ns5:RetainedEarningsAccumulatedLosses2024-09-3010296791ns5:RetainedEarningsAccumulatedLosses2023-09-3010296791ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3010296791ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3010296791ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-09-3010296791ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-09-3010296791ns5:DeferredTaxation2023-09-3010296791ns5:DeferredTaxation2023-10-012024-09-3010296791ns5:DeferredTaxation2024-09-3010296791ns10:OrdinaryShareClass12024-09-3010296791ns5:RetainedEarningsAccumulatedLosses2023-09-3010296791ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3010296791ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 10296791 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

40 Lavender Hill Limited

40 Lavender Hill Limited (Registered number: 10296791)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


40 Lavender Hill Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: P A Louka
G T Georgiou





REGISTERED OFFICE: Freedman House
Christopher Wren Yard
117 High Street
Croydon
Surrey
CR0 1QG





REGISTERED NUMBER: 10296791 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
Freedman House
Christopher Wren Yard
117 High Street
Croydon
Surrey
CR0 1QG

40 Lavender Hill Limited (Registered number: 10296791)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 692,466 980,000

CURRENT ASSETS
Debtors 6 224,155 187,920
Cash at bank 74,753 3,569
298,908 191,489
CREDITORS
Amounts falling due within one year 7 345,412 421,059
NET CURRENT LIABILITIES (46,504 ) (229,570 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

645,962

750,430

CREDITORS
Amounts falling due after more than one
year

8

(381,602

)

(464,709

)

PROVISIONS FOR LIABILITIES 10 (36,326 ) (59,611 )
NET ASSETS 228,034 226,110

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 128,577 198,431
Retained earnings 12 99,357 27,579
SHAREHOLDERS' FUNDS 228,034 226,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

40 Lavender Hill Limited (Registered number: 10296791)

Balance Sheet - continued
30 September 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





P A Louka - Director


40 Lavender Hill Limited (Registered number: 10296791)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

40 Lavender Hill Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

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

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

40 Lavender Hill Limited (Registered number: 10296791)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 980,000
Disposals (287,534 )
At 30 September 2024 692,466
NET BOOK VALUE
At 30 September 2024 692,466
At 30 September 2023 980,000

The investment property is valued annually by the director on an open market existing use basis. The historical cost of the investment property amounted to £527,563 (2023 - £721,958).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 4,505 16,920
Amounts owed by group undertakings 46,700 -
Amounts owed by connected companies 170,000 170,000
Other debtors 2,950 1,000
224,155 187,920

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts (see note 9) 13,186 8,121
Amounts owed to group undertakings 305,261 382,761
Taxation and social security 15,902 1,011
Other creditors 11,063 29,166
345,412 421,059

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 9) 381,602 464,709

9. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 13,186 8,121

40 Lavender Hill Limited (Registered number: 10296791)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. LOANS - continued
30.9.24 30.9.23
£    £   
Amounts falling due between one and two years:
Bank loans 14,041 8,648

Amounts falling due between two and five years:
Bank loans 367,561 456,061

10. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax 36,326 59,611

Deferred
tax
£   
Balance at 1 October 2023 59,611
Provided during year (23,285 )
Balance at 30 September 2024 36,326

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 27,579 198,431 226,010
Profit for the year 1,924 1,924
Deferred tax provision (23,285 ) 23,285 -
Realised property gains 93,139 (93,139 ) -
At 30 September 2024 99,357 128,577 227,934