REGISTERED NUMBER: 12364117 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

L&N INVESTMENTS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L A Apostolou

Miss N Demosthenous

REGISTERED OFFICE:

Block A

Southgate Office Village

284 Chase Road

London

N14 6HF

REGISTERED NUMBER:

12364117 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

1,295

1,342

Investment property

5

281,430

281,430

282,725

282,772

CURRENT ASSETS

Debtors

377

376

Cash at bank and in hand

382

1,601

759

1,977

CREDITORS

Amounts falling due within one year

96,281

92,455

NET CURRENT LIABILITIES

(95,522

)

(90,478

)

TOTAL ASSETS LESS CURRENT LIABILITIES

187,203

192,294

CREDITORS

Amounts falling due after more than one year

193,210

192,811

NET LIABILITIES

(6,007

)

(517

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(6,107

)

(617

)

SHAREHOLDERS' FUNDS

(6,007

)

(517

)

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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mr L A Apostolou - Director

1.	STATUTORY INFORMATION

L&N Investments Ltd 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 represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred.This is stated after trade discounts 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.

Fixtures and fittings

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

2,738

Additions

385

At 31 December 2024

3,123

DEPRECIATION

At 1 January 2024

1,396

Charge for year

432

At 31 December 2024

1,828

NET BOOK VALUE

At 31 December 2024

1,295

At 31 December 2023

1,342

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

281,430

NET BOOK VALUE

At 31 December 2024

281,430

At 31 December 2023

281,430

Investment property was valued on an open market basis on 31/12/2024 by the directors.

6.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

193,210

192,811

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100