Registration number: 12034215

Louby Investments Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Louby Investments Limited

Company Information

Director

Mr Theo Bijkerk

Registered office

Manchester House 50A Oxford Road Guiseley Leeds LS20 8AB

Accountants

Fullertons Limited Chartered Certified AccountantsManchester House 50A Oxford Road Guiseley Leeds LS20 8AB

Louby Investments Limited

(Registration number: 12034215)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Investment property	4	890,791	890,791
Current assets
Debtors	5	25,983	28,615
Cash at bank and in hand		75,995	57,048
		101,978	85,663
Creditors: Amounts falling due within one year	6	(49,596)	(35,781)
Net current assets		52,382	49,882
Total assets less current liabilities		943,173	940,673
Creditors: Amounts falling due after more than one year	6	(935,572)	(935,573)
Net assets		7,601	5,100
Capital and reserves
Called up share capital	7	100	100
Retained earnings		7,501	5,000
Shareholders' funds		7,601	5,100

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 September 2025
 

......................................... Mr Theo Bijkerk Director

Louby Investments Limited

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

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Manchester House
50A Oxford Road
Guiseley
Leeds
LS20 8AB

These financial statements were authorised for issue by the director on 24 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the rental income receivable in the course of the company’s ordinary activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Louby Investments Limited

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

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is held to earn rentals and for capital appreciation rather than for use in the production or supply of goods or services or sale in the ordinary course of business and is valued at fair value in accordance with FRS 102.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due in respect of management charges receivable in the ordinary course of business.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4	Investment properties

	2024 £
At 1 January	890,791
At 31 December	890,791

There has been no valuation of investment property by an independent valuer.

Louby Investments Limited

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

5

Debtors

	2024 £	2023 £
Trade debtors	19,596	21,695
Prepayments	6,387	6,920
	25,983	28,615

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Taxation and social security	183	-
Accruals and deferred income	49,413	35,781
	49,596	35,781

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	8	935,572	935,573

Creditors include bank loans which are secured of £441,071 ( 2023 : £441,072)

Creditors include bank loans repayable by instalments of £441,071 (2023 - £441,072 ) due after more than five years.

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

Louby Investments Limited

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

8	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	441,071	441,072
Other borrowings	494,501	494,501
	935,572	935,573

9	Related party transactions

Transactions with the director

2024	At 1 January 2024 £	At 31 December 2024 £
Mr Theo Bijkerk
Advanced to company	494,501	494,501

2023	At 1 January 2023 £	At 31 December 2023 £
Mr Theo Bijkerk
Advanced to company	494,501	494,501