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Company registration number: 01080713
LINDENHALL INVESTMENTS LIMITED
Unaudited
Financial statements
Information for filing with the registrar
For the Year Ended 31 March 2025
Coveney Nicholls Limited
Chartered Accountants
The Old Wheel House
31/37 Church Street
Reigate
Surrey
UK
RH2 0AD
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LINDENHALL INVESTMENTS LIMITED
Registered number:01080713
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Statement of Financial Position
As at 31 March 2025
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Debtors: amounts falling due within one year
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Current asset investments
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 December 2025.
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LINDENHALL INVESTMENTS LIMITED
Registered number:01080713
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Statement of Financial Position (continued)
As at 31 March 2025
Alexander Lawrence Galway
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The notes on pages 3 to 8 form part of these financial statements.
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LINDENHALL INVESTMENTS LIMITED
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Notes to the Financial Statements
For the Year Ended 31 March 2025
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Wheel House, 31-37 Church Street, Reigate, Surrey, RH2 0AD.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
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Foreign currency translation
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Functional and presentation currency
The Company's functional and presentational currency is GBP.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
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LINDENHALL INVESTMENTS LIMITED
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Notes to the Financial Statements
For the Year Ended 31 March 2025
2.Accounting policies (continued)
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
∙the amount of revenue can be measured reliably;
∙it is probable that the Company will receive the consideration due under the contract;
∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and
∙the costs incurred and the costs to complete the contract can be measured reliably.
Interest income is recognised in profit or loss using the effective interest method.
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
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LINDENHALL INVESTMENTS LIMITED
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Notes to the Financial Statements
For the Year Ended 31 March 2025
2.Accounting policies (continued)
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Tangible fixed assets (continued)
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Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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Revaluation of tangible fixed assets
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Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.
Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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LINDENHALL INVESTMENTS LIMITED
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Notes to the Financial Statements
For the Year Ended 31 March 2025
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The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
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Charge for the year on owned assets
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Amounts owed by group undertakings
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Prepayments and accrued income
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LINDENHALL INVESTMENTS LIMITED
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Notes to the Financial Statements
For the Year Ended 31 March 2025
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Current asset investments
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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Advances/(credits) to the directors
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Advances/(credits) to the directors
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LINDENHALL INVESTMENTS LIMITED
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Notes to the Financial Statements
For the Year Ended 31 March 2025
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Related party transactions
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During the current year the company took ownership of Motor Vehicles for consideration equal to its net book value of £0 (2024 Motor Vehicles for consideration equal to its net book value of £18,750). from Hands on Skills Training Limited ("HOST"), a company under common control.
The company rents the assets back to HOST earning £20,225 (2024 - £20,107) in rental income. As at 31 March 2025 the amount due to the company from HOST was £158,943 (2024 - £42,959).
The company has previously advanced a loan to the David Galway Trust. At the year end, the balance outstanding was £1,157 (2024 - £1,157).
The company also has outstanding loans of £439,378 (2024 - £439,378) due from Capital Engineering Group Holdings Limited.
During the year the company advanced a loan to Galson Properties Ltd a company controlled by Alex Galway. Interest of £7,388 (2024 - £6,378) was charged and the balance at 31 March 2025 was £228,069.07 (2024 - £318,069).
No other transactions with related parties were undertaken such as are required to be disclosed under FRS102 section 1A.
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The immediate and ultimate parent company is Lindenhall Ventures Limited, a company incorporated in England and Wales.
The ultimate controlling party is Mr A Galway, by virtue of his majority shareholding in Lindenhall Ventures Limited.
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