L&H CAPITAL LTD

Company Registration Number:
07514204 (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 CAPITAL 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 CAPITAL LTD

Company Information

for the Period Ended 31 December 2024




Director: Lawrence Clancy
Hilary Clancy
Registered office: Martlets
Ridgeway Road
Dorking
Surrey
RH4 3AY
Company Registration Number: 07514204 (England and Wales)

L&H CAPITAL LTD

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Turnover 148,111 292,504
Cost of sales ( 30,168 ) ( 62,256 )
Gross Profit or (Loss) 117,943 230,248
Distribution Costs ( 105,014 ) ( 77,454 )
Operating Profit or (Loss) 12,929 152,794
Profit or (Loss) Before Tax 12,929 152,794
Tax on Profit ( 3,041 ) ( 29,482 )
Profit or (Loss) for Period 9,888 123,312

The notes form part of these financial statements

L&H CAPITAL LTD

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 26,324 26,324
Total fixed assets: 26,324 26,324
Current assets
Debtors: 5 745,144 1,460,014
Cash at bank and in hand: 15,717 12,292
Total current assets: 760,861 1,472,306
Creditors: amounts falling due within one year: 6 ( 271,180 ) ( 495,486 )
Net current assets (liabilities): 489,681 976,820
Total assets less current liabilities: 516,005 1,003,144
Creditors: amounts falling due after more than one year: 7 ( 36,119 ) ( 381,294 )
Total net assets (liabilities): 479,886 621,850

The notes form part of these financial statements

L&H CAPITAL LTD

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 150 1
Profit and loss account: 479,736 621,849
Shareholders funds: 479,886 621,850

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 CAPITAL 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 CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

L&H CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

L&H CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 January 2024 26,324 26,324
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2024 26,324 26,324
Depreciation
At 01 January 2024 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 December 2024 - -
Net book value
At 31 December 2024 26,324 26,324
At 31 December 2023 26,324 26,324

L&H CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors


2024
£

2023
£
Other debtors 745,144 1,460,014
Total 745,144 1,460,014
Debtors due after more than one year: 214,566 420,848

L&H CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 175,176 411,815
Taxation and social security 2,823 36,485
Other creditors 93,181 47,186
Total 271,180 495,486

L&H CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

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


2024
£

2023
£
Bank loans and overdrafts 36,119 366,294
Other creditors 15,000
Total 36,119 381,294