Company Registration No. 03390085 (England and Wales)
Lollesworth Property Limited
Unaudited accounts
for the year ended 31 March 2025
Lollesworth Property Limited
Unaudited accounts
Contents
Lollesworth Property Limited
Company Information
for the year ended 31 March 2025
Directors
Patrick Wills
Richard Wills
Company Number
03390085 (England and Wales)
Registered Office
19 Addison Avenue
London
W11 4QS
United Kingdom
Accountants
CP Finance
Unit 11, Worton Court
Worton Hall Ind Estate
Worton Road
Isleworth
Middlesex
TW7 6ER
Lollesworth Property Limited
Statement of financial position
as at 31 March 2025
Investments
11,214
111,174
Cash at bank and in hand
455,179
332,443
Creditors: amounts falling due within one year
(167,887)
(167,410)
Net current assets
548,506
526,207
Net assets
548,506
526,207
Called up share capital
482,622
482,622
Profit and loss account
65,884
43,585
Shareholders' funds
548,506
526,207
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by
Patrick Wills
Director
Company Registration No. 03390085
Lollesworth Property Limited
Notes to the Accounts
for the year ended 31 March 2025
Lollesworth Property Limited is a private company, limited by shares, registered in England and Wales, registration number 03390085. The registered office is 19 Addison Avenue, London, W11 4QS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Other debtors
250,000
250,000
Lollesworth Property Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Investments held as current assets
2025
2024
Unlisted investments
11,214
111,174
The investments represents the carrying value of 3.27% of The East Cliffe Project LLP, which was sold during the year and for which final receipts are due in 2025 and 2026.
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
475
-
Loans from directors
167,052
167,050
Allotted, called up and fully paid:
482,622 Ordinary shares of £1 each
482,622
482,622
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).