| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2025 |
| for |
| LAKE INVESTMENTS NORTH WEST LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2025 |
| for |
| LAKE INVESTMENTS NORTH WEST LIMITED |
| LAKE INVESTMENTS NORTH WEST LIMITED (REGISTERED NUMBER: 06663022) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| LAKE INVESTMENTS NORTH WEST LIMITED |
| Company Information |
| for the Year Ended 31 January 2025 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Accountants |
| Northern Assurance Buildings |
| 9-21 Princess Street |
| Manchester |
| M2 4DN |
| LAKE INVESTMENTS NORTH WEST LIMITED (REGISTERED NUMBER: 06663022) |
| Balance Sheet |
| 31 January 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Investment property | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 10 |
| Fair value reserve | 11 |
| Retained earnings |
| Shareholders' funds |
| 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. |
| LAKE INVESTMENTS NORTH WEST LIMITED (REGISTERED NUMBER: 06663022) |
| Balance Sheet - continued |
| 31 January 2025 |
| The financial statements were approved by the director and authorised for issue on |
| LAKE INVESTMENTS NORTH WEST LIMITED (REGISTERED NUMBER: 06663022) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2025 |
| 1. | Statutory information |
| Lake Investments North West Limited is a |
| 2. | Statement of compliance |
| 3. | Accounting policies |
| Basis of 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 most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 4. | Employees and directors |
| The average number of employees during the year was |
| 5. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 February 2024 |
| and 31 January 2025 |
| Net book value |
| At 31 January 2025 |
| At 31 January 2024 |
| The investment properties class of fixed assets were revalued on 31 January 2023 by the director who is internal to the company. The basis of this valuation was open market value with existing use. This class of assets has a current value of £2,287,000 (2024 - £2,287,000) and a carrying amount at historical cost of £1,793,940 (2024 - £1,793,940). |
| 6. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| Other debtors is a secured debt against property. |
| LAKE INVESTMENTS NORTH WEST LIMITED (REGISTERED NUMBER: 06663022) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 7. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loan 1 | 234,784 | 255,731 |
| Bank loan 2 | 146,392 | 156,170 |
| 381,176 | 411,901 |
| 9. | Secured debts |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank loans and overdrafts are secured by fixed and floating charges over all the assets of the company. |
| 10. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary shares of £1 each | 3 | 3 |
| 11. | Reserves |
| Fair |
| value |
| reserve |
| £ |
| At 1 February 2024 |
| Deferred tax | (35,769 | ) |
| At 31 January 2025 |