REGISTERED NUMBER: 08807481 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LAKE END MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Burns

L C Burns

REGISTERED OFFICE:

21 Hollowgate

Rotherham

South Yorkshire

S60 2LE

REGISTERED NUMBER:

08807481 (England and Wales)

ACCOUNTANTS:

Drury & Co

Accountants & Business Advisors

21 Hollowgate

Rotherham

South Yorkshire

S60 2LE

FIXED ASSETS

Tangible assets

4

124,548

90,026

CURRENT ASSETS

Debtors

5

20,263

20,263

Cash at bank

5,099

4,848

25,362

25,111

CREDITORS

Amounts falling due within one year

6

66,899

64,226

NET CURRENT LIABILITIES

(41,537

)

(39,115

)

TOTAL ASSETS LESS CURRENT LIABILITIES

83,011

50,911

CREDITORS

Amounts falling due after more than one year

7

49,651

50,874

NET ASSETS

33,360

37

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

33,358

35

SHAREHOLDERS' FUNDS

33,360

37

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.

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 11 September 2025 and were signed on its behalf by:

R A Burns - Director

1.	STATUTORY INFORMATION

Lake End Management 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

99,072

55,855

154,927

Additions

41,497

40,870

82,367

Disposals

-

(55,855

)

(55,855

)

At 31 December 2024

140,569

40,870

181,439

DEPRECIATION

At 1 January 2024

30,103

34,798

64,901

Charge for year

16,570

10,218

26,788

Eliminated on disposal

-

(34,798

)

(34,798

)

At 31 December 2024

46,673

10,218

56,891

NET BOOK VALUE

At 31 December 2024

93,896

30,652

124,548

At 31 December 2023

68,969

21,057

90,026

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

20,263

20,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

7,546

7,546

Finance leases

7,737

8,148

Taxation and social security

46,059

46,381

Other creditors

5,557

2,151

66,899

64,226

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

3,328

10,690

Finance leases

46,323

40,184

49,651

50,874