Company registration number: 11946478
Unaudited financial statements
for the year ended 30 April 2025
for
LP Property Solutions Ltd
Pages for filing with the Registrar
Company registration number: 11946478
LP Property Solutions Ltd
Balance sheet
as at 30 April 2025
2025 2024
Note £ £ £ £
Fixed assets
Investment property 4 268,536 268,536
268,536 268,536
Current assets
Cash at bank and in hand 3,875 1,171
3,875 1,171
Creditors: amounts falling due within one
year 		(44,015) (41,924)
Net current liabilities (40,140) (40,753)
Total assets less current liabilities 228,396 227,783
Creditors: Amounts falling due after more
than one year 		5 (224,694) (227,194)
NET ASSETS 3,702 589
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,701 588
TOTAL EQUITY 3,702 589
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11946478
LP Property Solutions Ltd
Balance sheet - continued
as at 30 April 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
L Pickering, Director
13 October 2025
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LP Property Solutions Ltd
Notes to the financial statements
for the year ended 30 April 2025
1 Company information
LP Property Solutions Ltd is a private company registered in England and Wales. Its registered number is 11946478. The company is limited by shares. Its registered office is 32 Bridge Wood Close, Horsforth, Leeds, LS18 5TR.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investment property
Investment property is shown at its 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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
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LP Property Solutions Ltd
Notes to the financial statements - continued
for the year ended 30 April 2025
4 Investment property
£
Valuation
At 1 May 2024 268,536
At 30 April 2025 268,536
5 Creditors: amounts falling due after more than five years
2025 2024
£ £
Repayable by instalments
Bank loans 25,833 28,333
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024.
2025 2024
£ £
L Pickering
Balance outstanding at start of year (39,537) (31,214)
Amounts advanced 1,553 1,830
Amounts repaid (4,190) (10,153)
Balance outstanding at end of year (42,175) (39,537)
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