REGISTERED NUMBER: 06362574 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Lazaro Homes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Lazaro-Silver

Mrs J Lazaro-Silver

REGISTERED OFFICE:

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

REGISTERED NUMBER:

06362574 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Tangible assets

5

63,451

23,140

CURRENT ASSETS

Debtors

6

167,752

185,893

Cash at bank

74,839

137,847

242,591

323,740

CREDITORS

Amounts falling due within one year

7

158,336

150,026

NET CURRENT ASSETS

84,255

173,714

TOTAL ASSETS LESS CURRENT LIABILITIES

147,706

196,854

CREDITORS

Amounts falling due after more than one year

8

47,157

30,378

NET ASSETS

100,549

166,476

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

100,449

166,376

100,549

166,476

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 22 September 2025 and were signed on its behalf by:

R A Lazaro-Silver - Director

1.	STATUTORY INFORMATION

Lazaro Homes 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

over the period of the lease

Computer equipment

-

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

28,000

-

5,427

33,427

Additions

-

59,266

-

59,266

At 31 December 2024

28,000

59,266

5,427

92,693

DEPRECIATION

At 1 January 2024

7,000

-

3,287

10,287

Charge for year

5,250

13,170

535

18,955

At 31 December 2024

12,250

13,170

3,822

29,242

NET BOOK VALUE

At 31 December 2024

15,750

46,096

1,605

63,451

At 31 December 2023

21,000

-

2,140

23,140

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

Additions

59,266

At 31 December 2024

59,266

DEPRECIATION

Charge for year

13,170

At 31 December 2024

13,170

NET BOOK VALUE

At 31 December 2024

46,096

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

167,752

185,893

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,126

10,126

Finance leases (see note 9)

17,782

-

Trade creditors

10,002

4,602

Taxation and social security

2,592

18,767

Other creditors

117,834

116,531

158,336

150,026

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

20,252

30,378

Finance leases (see note 9)

26,905

-

47,157

30,378

9.	LEASING AGREEMENTS

Minimum lease payments under finance leases fall due as follows:

Finance leases

31.12.24

31.12.23

£

£

Net obligations repayable:

Within one year

17,782

-

Between one and five years

26,905

-

44,687

-