REGISTERED NUMBER: 06702954 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Lenton Developments Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

S J Heslop

Registered office:

Unit 1 Park Farm Industrial Unit

Longstone Lane

Bakewell

Derbyshire

DE45 1NH

Registered number:

06702954 (England and Wales)

Accountants:

Chris Edwards

Chartered Accountants

Clamarpen 17 Napier Court

Gander Lane

Barlborough

Chesterfield

Derbyshire

S43 4PZ

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

6,363,528

6,316,726

Investments

6

227,156

227,156

6,590,684

6,543,882

Current assets

Debtors

7

669,339

416,493

Cash at bank

236,893

400,932

906,232

817,425

Creditors

Amounts falling due within one year

8

1,550,687

1,415,995

Net current liabilities

(644,455

)

(598,570

)

Total assets less current liabilities

5,946,229

5,945,312

Creditors

Amounts falling due after more than one year

9

(3,855,000

)

(3,930,000

)

Provisions for liabilities

(181,858

)

(176,332

)

Net assets

1,909,371

1,838,980

Capital and reserves

Called up share capital

1,111

1,111

Retained earnings

1,908,260

1,837,869

1,909,371

1,838,980

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 director acknowledges his 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 director and authorised for issue on 24 September 2025 and were signed by:

S J Heslop - Director

1.	STATUTORY INFORMATION

Lenton Developments 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost and 15% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

At 1 January 2024

and 31 December 2024

5,000

Amortisation

At 1 January 2024

and 31 December 2024

5,000

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Land &

Plant and

and

Computer

buildings

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2024

5,753,669

833,763

626,788

1,550

7,215,770

Additions

161,643

66,202

20,223

-

248,068

At 31 December 2024

5,915,312

899,965

647,011

1,550

7,463,838

Depreciation

At 1 January 2024

413,474

145,251

338,769

1,550

899,044

Charge for year

119,254

40,571

41,441

-

201,266

At 31 December 2024

532,728

185,822

380,210

1,550

1,100,310

Net book value

At 31 December 2024

5,382,584

714,143

266,801

-

6,363,528

At 31 December 2023

5,340,195

688,512

288,019

-

6,316,726

6.	FIXED ASSET INVESTMENTS

Other

investments

£

Cost

At 1 January 2024

and 31 December 2024

331,194

Provisions

At 1 January 2024

and 31 December 2024

104,038

Net book value

At 31 December 2024

227,156

At 31 December 2023

227,156

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,796

10,401

Amounts owed by group undertakings

506,047

356,039

Other debtors

121,311

9,404

Prepayments and accrued income

35,185

40,649

669,339

416,493

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

63,215

63,215

Trade creditors

44,624

77,678

Amounts owed to group undertakings

1,120,300

850,282

Taxation and social security

101,790

79,847

Other creditors

220,758

344,973

1,550,687

1,415,995

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

3,855,000

3,930,000

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

In more than five years

66,700

66,700

11.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

3,918,215

3,993,215

The bank loan is secured by land and buildings.

12.	RELATED PARTY DISCLOSURES

During the year the company made supplies to companies that are related. The balances outstanding at the year end date totalled £184,708 (2023: £189,148).

The company received goods and services from related companies. The amount outstanding at the year end date was £177,845 (2023: £235,357).