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Company Registration No. 10884188 (England and Wales)
Lakes-South Ltd Unaudited accounts for the year ended 30 April 2025
Lakes-South Ltd Unaudited accounts Contents
Page
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Lakes-South Ltd Company Information for the year ended 30 April 2025
Director
Mr S Rodgers
Company Number
10884188 (England and Wales)
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Lakes-South Ltd Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
788,257 
789,480 
Current assets
Debtors
17,500 
17,500 
Cash at bank and in hand
2,103 
11,813 
19,603 
29,313 
Creditors: amounts falling due within one year
(754,378)
(748,506)
Net current liabilities
(734,775)
(719,193)
Total assets less current liabilities
53,482 
70,287 
Creditors: amounts falling due after more than one year
(31,060)
(47,087)
Net assets
22,422 
23,200 
Capital and reserves
Share premium
2 
2 
Profit and loss account
22,420 
23,198 
Shareholders' funds
22,422 
23,200 
For the year ending 30 April 2025 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 director acknowledges his 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 and authorised for issue on 12 June 2025 and were signed on its behalf by
Mr S Rodgers Director Company Registration No. 10884188
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Lakes-South Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Lakes-South Ltd is a private company, limited by shares, registered in England and Wales, registration number 10884188.
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.
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:
Fixtures & fittings
25%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2024
785,000 
495 
7,140 
792,635 
Additions
- 
524 
- 
524 
At 30 April 2025
785,000 
1,019 
7,140 
793,159 
Depreciation
At 1 May 2024
- 
- 
3,155 
3,155 
Charge for the year
- 
287 
1,460 
1,747 
At 30 April 2025
- 
287 
4,615 
4,902 
Net book value
At 30 April 2025
785,000 
732 
2,525 
788,257 
At 30 April 2024
785,000 
495 
3,985 
789,480 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
17,500 
17,500 
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Lakes-South Ltd Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
18,440 
18,440 
VAT
558 
1,932 
Taxes and social security
104 
2,834 
Other creditors
2,500 
2,500 
Loans from directors
732,776 
722,800 
754,378 
748,506 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
31,060 
47,087 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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