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REGISTERED NUMBER: 00127058 (England and Wales)















W H Lorden & Son Limited

Unaudited Financial Statements for the Year Ended 31 December 2024






W H Lorden & Son Limited (Registered number: 00127058)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W H Lorden & Son Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr A R Buchanan
Mrs L G Duffield
Mr J A Buchanan





SECRETARY: Mr A R Buchanan





REGISTERED OFFICE: 107 Trinity Road
Upper Tooting
London
SW17 7SQ





REGISTERED NUMBER: 00127058 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

W H Lorden & Son Limited (Registered number: 00127058)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,741 3,906
Investment property 5 4,580,000 4,580,000
4,582,741 4,583,906

CURRENT ASSETS
Cash at bank and in hand 351,911 300,858

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

91,783

77,956
NET CURRENT ASSETS 260,128 222,902
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,842,869

4,806,808

PROVISIONS FOR LIABILITIES 675,949 675,949
NET ASSETS 4,166,920 4,130,859

CAPITAL AND RESERVES
Called up share capital 8,634 8,634
Fair value reserve 7 2,512,524 2,512,524
Capital redemption reserve 2,366 2,366
Retained earnings 1,643,396 1,607,335
SHAREHOLDERS' FUNDS 4,166,920 4,130,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

W H Lorden & Son Limited (Registered number: 00127058)

Balance Sheet - continued
31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:





Mr A R Buchanan - Director


W H Lorden & Son Limited (Registered number: 00127058)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

W H Lorden & Son 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts chargeable in respect of rental income, and is recognised when receivable.

Income from the sale of investment properties is recognised on the unconditional exchange of contracts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on 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, after accounting for taxation. However, the company has chosen to transfer a portion of its retained profit and loss account equal to the cumulative fair value gains to a separate reserve, as this element of the profit and loss account is not realised and not available for distribution.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


W H Lorden & Son Limited (Registered number: 00127058)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

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 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.

Deferred tax in respect of movements in the fair value of investment properties is recognised in the Profit and Loss Account, with an equal amount transferred from the Profit and Loss Reserve to the Fair Value Reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 9,064 350 9,414
DEPRECIATION
At 1 January 2024 5,228 280 5,508
Charge for year 1,095 70 1,165
At 31 December 2024 6,323 350 6,673
NET BOOK VALUE
At 31 December 2024 2,741 - 2,741
At 31 December 2023 3,836 70 3,906

W H Lorden & Son Limited (Registered number: 00127058)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 4,580,000
NET BOOK VALUE
At 31 December 2024 4,580,000
At 31 December 2023 4,580,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2002 1,686,177
Valuation in 2003 100,000
Valuation in 2004 65,000
Valuation in 2006 35,000
Valuation in 2007 60,000
Valuation in 2010 (35,765 )
Valuation in 2013 573,061
Valuation in 2014 135,000
Valuation in 2015 210,000
Valuation in 2021 360,000
Cost 1,391,527
4,580,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 10
Taxation and social security 47,482 34,421
Other creditors 44,301 43,525
91,783 77,956

7. RESERVES
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 2,512,524

W H Lorden & Son Limited (Registered number: 00127058)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £106,187 (2023 - £103,537) were paid to the directors.