| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| LEWIS CAHILL LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| LEWIS CAHILL LIMITED |
| LEWIS CAHILL LIMITED (REGISTERED NUMBER: 04974851) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| LEWIS CAHILL LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 March 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Newtown House |
| 38 Newtown Road |
| Liphook |
| Hampshire |
| GU30 7DX |
| LEWIS CAHILL LIMITED (REGISTERED NUMBER: 04974851) |
| BALANCE SHEET |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| LEWIS CAHILL LIMITED (REGISTERED NUMBER: 04974851) |
| BALANCE SHEET - continued |
| 31 March 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| LEWIS CAHILL LIMITED (REGISTERED NUMBER: 04974851) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Lewis Cahill Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the company's share of the joint venture investment rental income and rent from wholly owned investment property. |
| Investments in associates |
| The company owns 25% interest of a joint venture commercial and residential property investment. This share of the rental income and costs is accounted for in the financial statements |
| The company's share of assets and liabilities of the joint venture development are included in the balance sheet. |
| Investment property |
| The company's equity share in property investment is shown at cost or valuation. |
| 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 NIL (2024 - NIL). |
| LEWIS CAHILL LIMITED (REGISTERED NUMBER: 04974851) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS |
| Interest |
| in |
| associate |
| £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Joint venture |
| Registered office: The Offices 19-21 High Street Haslemere Surrey GU27 2AB |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2025 | 2024 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| This represents 25% investment of a joint venture property development. |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| Fair value at 31 March 2025 is represented by: |
| £ |
| Valuation in 2019 | 1,092,519 |
| LEWIS CAHILL LIMITED (REGISTERED NUMBER: 04974851) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 March 2025 |
| 5. | INVESTMENT PROPERTY - continued |
| If the investment properties had not been revalued they would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 979,229 | 979,229 |
| The joint venture properties were valued on an open market basis basis on 9 December 2019 by professional valuers . |
| 6. | DEBTORS |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due within one year: |
| Other debtors |
| Amounts falling due after more than one year: |
| Amounts owed by associates |
| Aggregate amounts |
| 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 owed to participating interests | 140,000 | 140,000 |
| Other creditors |
| LEWIS CAHILL LIMITED (REGISTERED NUMBER: 04974851) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 March 2025 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 151,831 | 159,344 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Joint venture loans | - | 400,000 |
| The joint venture loan is secured by a charge over the joint venture investment property. |
| 10. | RELATED PARTY DISCLOSURES |
| The company rents an investment property to Marley Flowers Ltd a UK registered company. Mrs M King is the director and PSC of Marley Flowers Ltd. The rental income received in the year was £18,636 (2024- £18,560). |
| Mrs M King has provided an interest free loan of £87,519 (2024 - 87,519) to the company. This loan has no fixed date for repayment. |
| Mr & Mrs B & D Howard have provided loans to the company.The outstanding balance at the year end was £45,804 (2024 - £62,804). These loans have no fixed date for repayment. |
| An interest free loan of £140,000 (2024 - £140,000) has been made by The Howard Discretionary Trust 2013. There is no fixed date for repayment and is regarded as not repayable within one year. |