L&H FINANCE LTD

Company Registration Number:
04512478 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

L&H FINANCE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

L&H FINANCE LTD

Company Information

for the Period Ended 31 December 2024




Director: Lawrence Clancy
Registered office: Martlets
Ridgeway Road
Dorking
England
RH4 3AY
Company Registration Number: 04512478 (England and Wales)

L&H FINANCE LTD

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Turnover 208,627 49,455
Cost of sales - ( 0 )
Gross Profit or (Loss) 208,627 49,455
Distribution Costs - ( 0 )
Administrative Expenses ( 51,035 ) ( 35 )
Operating Profit or (Loss) 157,592 49,420
Interest Payable and Similar Charges ( 85,819 ) ( 15,481 )
Profit or (Loss) Before Tax 71,773 33,939
Tax on Profit ( 17,145 ) ( 6,957 )
Profit or (Loss) for Period 54,628 26,982

The notes form part of these financial statements

L&H FINANCE LTD

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 0 0
Debtors: 4 1,723,283 1,003,884
Cash at bank and in hand: 111,357 8,758
Total current assets: 1,834,640 1,012,642
Creditors: amounts falling due within one year: 5 ( 791,869 ) ( 322,406 )
Net current assets (liabilities): 1,042,771 690,236
Total assets less current liabilities: 1,042,771 690,236
Creditors: amounts falling due after more than one year: 6 ( 486,027 ) ( 188,119 )
Total net assets (liabilities): 556,744 502,117

The notes form part of these financial statements

L&H FINANCE LTD

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 556,644 502,017
Shareholders funds: 556,744 502,117

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 August 2025
And Signed On Behalf Of The Board By:

Name: Lawrence Clancy
Status: Director

The notes form part of these financial statements

L&H FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

L&H FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

L&H FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

L&H FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors


2024
£

2023
£
Trade debtors 8,975 0
Other debtors 1,714,308 1,003,884
Total 1,723,283 1,003,884
Debtors due after more than one year: 680,259 0

L&H FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 10,000 10,000
Taxation and social security 17,145 6,957
Other creditors 764,724 305,449
Total 791,869 322,406

L&H FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 9,167 19,167
Other creditors 476,860 168,952
Total 486,027 188,119