Company Registration No. 15742702 (England and Wales)
LHC Property Limited
Unaudited accounts
for the period from 24 May 2024 to 31 December 2024
LHC Property Limited
Unaudited accounts
Contents
LHC Property Limited
Company Information
for the period from 24 May 2024 to 31 December 2024
Directors
Henry Calderbank
Louis Calderbank
Company Number
15742702 (England and Wales)
Registered Office
10 Grove Farm Drive
Adlington
Chorley
Lancashire
PR6 9QS
England
LHC Property Limited
Statement of financial position
as at 31 December 2024
Investment property
245,185
Cash at bank and in hand
2,934
Creditors: amounts falling due within one year
(249,554)
Net current liabilities
(246,014)
Profit and loss account
(830)
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2025 and were signed on its behalf by
Henry Calderbank
Director
Company Registration No. 15742702
LHC Property Limited
Notes to the Accounts
for the period from 24 May 2024 to 31 December 2024
LHC Property Limited is a private company, limited by shares, registered in England and Wales, registration number 15742702. The registered office is 10 Grove Farm Drive, Adlington, Chorley, Lancashire, PR6 9QS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
At 31 December 2024
245,185
Amounts falling due within one year
Accrued income and prepayments
411
LHC Property Limited
Notes to the Accounts
for the period from 24 May 2024 to 31 December 2024
6
Creditors: amounts falling due within one year
2024
Loans from directors
249,554
Amounts owed to directors are unsecured, interest free and repayable on demand.
7
Average number of employees
During the period the average number of employees was 2.