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REGISTERED NUMBER: 14243865 (England and Wales)

Lg Homes And Properties Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024

| Lg Homes And Properties Limited (Registered number: 14243865) |

Contents of the Financial Statements

for the Year Ended 31 July 2024

Page |

| Company information | 1 |

| Balance sheet | 2 |

| Notes to the financial statements | 4 |

| Lg Homes And Properties Limited |

Company Information

for the Year Ended 31 July 2024

| Director: | Miss L E Greenwood

| Registered office: | Mynshull House

| 78 Churchgate

| Stockport

| Cheshire

| SK1 1YJ

| Registered number: | 14243865 (England and Wales)

| Accountants: | Mitchell Charlesworth

| Mynshull House

| 78 Churchgate

| Stockport

| Cheshire

| SK1 1YJ

| Lg Homes And Properties Limited (Registered number: 14243865) |

Balance Sheet

31 July 2024

| 31.7.24 | 31.7.23 |

| Notes | £ | £ | £ | £ |

Fixed assets

Investment property | 4 | 259,254 |  | 259,254 |  |

Current assets

Cash at bank and in hand | 1,400 |  | 1 |  |

Creditors

Amounts falling due within one year | 5 | 117,265 |  | 105,125 |  |

Net current liabilities | (115,865 | ) | (105,124 | ) |

Total assets less current liabilities | 143,389 |  | 154,130 |  |

Creditors

Amounts falling due after more than one year | 6 | 198,101 |  | 183,750 |  |

Net liabilities | (54,712 | ) | (29,620 | ) |

Capital and reserves

Called up share capital | 8 | 1 |  | 1 |  |

Retained earnings | 9 | (54,713 | ) | (29,621 | ) |

Shareholders' funds | (54,712 | ) | (29,620 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

| Lg Homes And Properties Limited (Registered number: 14243865) |

Balance Sheet - continued

31 July 2024

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 9 October 2025 and were signed by:

Miss L E Greenwood - Director

| Lg Homes And Properties Limited (Registered number: 14243865) |

Notes to the Financial Statements

for the Year Ended 31 July 2024

1. | Statutory information

| Lg Homes And Properties 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.

| 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.

| 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.

3. | Employees and directors

| The average number of employees during the year was 1 (2023 - 1 ) .

| Lg Homes And Properties Limited (Registered number: 14243865) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2024

4. | Investment property

| Total

£ |

| Fair value

| At 1 August 2023

| and 31 July 2024 | 259,254 |  |

| Net book value

| At 31 July 2024 | 259,254 |  |

| At 31 July 2023 | 259,254 |  |

5. | Creditors: amounts falling due within one year |

| 31.7.24 |  | 31.7.23

£ | £ |

| LG House of Beauty Ltd Loans | 99,425 |  | 88,985 |  |

| Directors' current accounts | 15,500 |  | 15,000 |  |

| Accrued expenses | 2,340 |  | 1,140 |  |

117,265 |  | 105,125 |  |

6. | Creditors: amounts falling due after more than one year |

| 31.7.24 |  | 31.7.23

£ | £ |

| Mortgage - MS Lending Group | - |  | 183,750 |  |

| Mortgage - Together Commercial | 198,101 |  | - |  |

198,101 |  | 183,750 |  |

7. | Secured debts

| The following secured debts are included within creditors:

| 31.7.24 |  | 31.7.23

£ | £ |

| MS Lending Group Mortgage | - |  | 183,750 |  |

| Together Commercial Finance | 198,101 |  | - |  |

198,101 |  | 183,750 |  |

| The mortgage refinancing from MS Lending Group (£183,750) to Together Commercial Finance Ltd (£198,101) is secured by a charge against the property known as 4 Southfield Close, Richmond Park, Dukinfield dated 1 February 2024.

| Lg Homes And Properties Limited (Registered number: 14243865) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2024

8. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.7.24 |  | 31.7.23

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

9. | Reserves

| Retained

| earnings

£ |

| At 1 August 2023 | (29,621 | ) |

| Deficit for the year | (25,092 | ) |

| At 31 July 2024 | (54,713 | ) |

10. | Related party disclosures

| Included in creditors are loans from LG House of Beauty Ltd totalling £99,425, LG House of Beauty Ltd is a company which Lucy Greenwood is also a director of.

11. | Ultimate controlling party

| The controlling party is Miss L E Greenwood.