REGISTERED NUMBER: 06546896 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Longs Holdings Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M G Green

C L Green

SECRETARY:

M G Green

REGISTERED OFFICE:

Hanworth Lane Business Park

Hanworth Lane

Chertsey

Surrey

KT16 9LZ

REGISTERED NUMBER:

06546896 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

28 Church Road

Stanmore

Middlesex

HA7 4XR

FIXED ASSETS

Property, plant and equipment

4

479,895

483,530

Investments

5

3,000,000

3,000,000

3,479,895

3,483,530

CURRENT ASSETS

Debtors

6

870,771

867,629

CREDITORS

Amounts falling due within one year

7

(8,375

)

(15,158

)

NET CURRENT ASSETS

862,396

852,471

TOTAL ASSETS LESS CURRENT LIABILITIES

4,342,291

4,336,001

CAPITAL AND RESERVES

Called up share capital

138

138

Retained earnings

4,342,153

4,335,863

SHAREHOLDERS' FUNDS

4,342,291

4,336,001

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 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 10 September 2025 and were signed on its behalf by:

M G Green - Director

1.	STATUTORY INFORMATION

Longs Holdings 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.	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.

Preparation of consolidated financial statements

The financial statements contain information about Longs Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Freehold property

Freehold property is stated at cost less depreciation.

The land element of the company's freehold property is not depreciated. The building element is depreciated over its estimated residual value, estimated to be a period of 50 years.

Investments in subsidiaries

Investments in subsidiaries are stated at cost less accumulated impairment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Freehold

property

£

COST

At 1 January 2024

and 31 December 2024

545,332

DEPRECIATION

At 1 January 2024

61,802

Charge for year

3,635

At 31 December 2024

65,437

NET BOOK VALUE

At 31 December 2024

479,895

At 31 December 2023

483,530

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

3,000,000

NET BOOK VALUE

At 31 December 2024

3,000,000

At 31 December 2023

3,000,000

The original cost of the shares in subsidary undertakings was £8,300,138.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

870,771

867,629

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Tax

5,875

5,458

Accruals & deferred income

2,500

9,700

8,375

15,158