L V Q PROPERTIES LIMITED


Directors	V V Lam
	L Lam-Hoang


Company Secretary	LAM-HOANG, Lan


Registered Address	102 Chatsworth Crescent
	Hounslow
	TW3 2PD


Registered Number	06161565 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		470,825		470,825
			470,825		470,825
Current assets
Debtors	4	526		-
Cash at bank and on hand		6,204		6,154
		6,730		6,154
Creditors amounts falling due within one year	5	(230,257)		(203,973)
Net current assets (liabilities)			(223,527)		(197,819)
Total assets less current liabilities			247,298		273,006
Creditors amounts falling due after one year	6		(177,541)		(212,651)
Net assets			69,757		60,355
Capital and reserves
Called up share capital			100		100
Profit and loss account			69,657		60,255
Shareholders' funds			69,757		60,355

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 October 2025, and are signed on its behalf by:

V V Lam
Director
Registered Company No. 06161565

L V Q PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover represents rental income receivable in the year. The company is not registered for value added tax.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	Investment property is included at fair value and depreciation is not charged in accordance with the Companies Act 2006 stipulations in relation to investment property and the revaluation model procedure laid down in Section 1A 'Small Entities' of Financial Reporting Standard 102. Gains are recognised in the income statement but are not distributable. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Investment property

Investment property is included at fair value and depreciation is not charged in accordance with the Companies Act 2006 stipulations in relation to investment property and the revaluation model procedure laid down in Section 1A 'Small Entities' of Financial Reporting Standard 102. Gains are recognised in the income statement but are not distributable. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		3

3.	Investment property
	Fixed asset investments were valued on an open market basis on 31 March 2024 by the directors, who are of the opinion that the carrying value accurately reflects the market value at the year end.


		£
	Fair value at 01 April 24	470,825
	At 31 March 25	470,825

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	526	-
Total	526	-

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	3,840	3,819
Other creditors	226,003	199,361
Accrued liabilities and deferred income	414	793
Total	230,257	203,973

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	177,541	212,651
Total	177,541	212,651

7.	Related party transactions
	Included within Creditors: amounts due within one year is a balance with a company under common control LVUK Group Ltd £67,610 (2024 £NIL).

8.	Controlling party
	The company was controlled by its directors, L Lam and Mrs V Lam, throughout the period.