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REGISTERED NUMBER: 14513989 (England and Wales)








FINANCIAL STATEMENTS

FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST MARCH 2025

FOR

LODGE PROPERTY NORFOLK LTD

LODGE PROPERTY NORFOLK LTD (REGISTERED NUMBER: 14513989)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LODGE PROPERTY NORFOLK LTD

COMPANY INFORMATION
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST MARCH 2025







DIRECTORS: Mrs D Naidoo
K Naidoo





SECRETARY: Mrs D Naidoo





REGISTERED OFFICE: The Lodge Care Home
Watton Road
Ashill
Thetford
Norfolk
IP25 7AQ





REGISTERED NUMBER: 14513989 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

LODGE PROPERTY NORFOLK LTD (REGISTERED NUMBER: 14513989)

BALANCE SHEET
31ST MARCH 2025

2025 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,739 -
Investments 5 660,500 -
Investment property 6 1,002,411 142,474
1,674,650 142,474

CURRENT ASSETS
Cash at bank 25,793 4,691

CREDITORS
Amounts falling due within one year 7 452,101 146,525
NET CURRENT LIABILITIES (426,308 ) (141,834 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,248,342 640

CREDITORS
Amounts falling due after more than one
year

8

1,339,591

-
NET (LIABILITIES)/ASSETS (91,249 ) 640

CAPITAL AND RESERVES
Called up share capital 10 4 4
Retained earnings (91,253 ) 636
SHAREHOLDERS' FUNDS (91,249 ) 640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2025 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.

LODGE PROPERTY NORFOLK LTD (REGISTERED NUMBER: 14513989)

BALANCE SHEET - continued
31ST MARCH 2025


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 8th August 2025 and were signed on its behalf by:





K Naidoo - Director


LODGE PROPERTY NORFOLK LTD (REGISTERED NUMBER: 14513989)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST MARCH 2025

1. STATUTORY INFORMATION

Lodge Property Norfolk Ltd 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Lodge Property Norfolk Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is represented by rent receivable during the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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.


LODGE PROPERTY NORFOLK LTD (REGISTERED NUMBER: 14513989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST MARCH 2025

2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 11,739
At 31st March 2025 11,739
NET BOOK VALUE
At 31st March 2025 11,739

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 660,500
At 31st March 2025 660,500
NET BOOK VALUE
At 31st March 2025 660,500

LODGE PROPERTY NORFOLK LTD (REGISTERED NUMBER: 14513989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST MARCH 2025

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st December 2023 142,474
Additions 859,937
At 31st March 2025 1,002,411
NET BOOK VALUE
At 31st March 2025 1,002,411
At 30th November 2023 142,474

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Bank loans and overdrafts 182,743 -
Taxation and social security - 149
Other creditors 269,358 146,376
452,101 146,525

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2023
£    £   
Bank loans 1,339,591 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 608,619 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2023
£    £   
Bank loans 1,522,334 -

HSBC UK Bank plc has a fixed and floating charge over all assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2023
value: £    £   
4 Ordinary £1 4 4