Lodsworth Holdings Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12045805

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,030,000		1,037,000

			1,030,000		1,037,000
CURRENT ASSETS
Cash at bank and in hand		14,280		11,008

		14,280		11,008
Creditors: Amounts Falling Due Within One Year	5	(90,952 )		(28,170 )

NET CURRENT ASSETS (LIABILITIES)			(76,672 )		(17,162 )

TOTAL ASSETS LESS CURRENT LIABILITIES			953,328		1,019,838

Creditors: Amounts Falling Due After More Than One Year	6		(871,296 )		(927,401 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(30,000 )		(30,000 )

NET ASSETS			52,032		62,437

CAPITAL AND RESERVES
Called up share capital	7		900		900
Revaluation reserve	8		128,378		128,378
Profit and Loss Account			(77,246 )		(66,841 )

SHAREHOLDERS' FUNDS			52,032		62,437

Page 1

Page 2

Lodsworth Holdings Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs A M Smith

Director

1 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Lodsworth Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12045805 . The registered office is Gowran House, 56 Broad Street, Chipping Sodbury, Bristol, BS37 6AG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006

2.2. Turnover

Turnover represents property rents less agents fees.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property	None
Furnishings and equipment	20% on reducing balance from 1/1/23

No depreciation is provided on the freehold property as its value is considered to be in excess of cost.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Freehold property	Furnishings and equipment	Total
	£	£	£
Cost
As at 1 January 2024	1,000,000	46,354	1,046,354
Additions	-	508	508

As at 31 December 2024	1,000,000	46,862	1,046,862

Depreciation
As at 1 January 2024	-	9,354	9,354
Provided during the period	-	7,508	7,508

As at 31 December 2024	-	16,862	16,862

Net Book Value
As at 31 December 2024	1,000,000	30,000	1,030,000

As at 1 January 2024	1,000,000	37,000	1,037,000

Page 3

Page 4

Lodsworth Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Sundry creditors and accruals	-	1,170
Intercompany current account	65,952	2,000
Directors' loan accounts	25,000	25,000

	90,952	28,170

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Mortgage	337,631	335,866
Directors loan account	533,665	591,535

	871,296	927,401

The bank holds a first charge over the freehold property at 5 Place View, Fowey, PL23 1BJ, payable on an

interest-only basis, with full repayment in around 21 years.

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	900	900

8. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 January 2024	128,378	(66,841 )
Loss for the year and total comprehensive income	-	(10,405 )

As at 31 December 2024	128,378	(77,246 )

9. Related Party Transactions

The company is controlled by the Directors, who, together with the shareholders, are owed £558,665 at 31/12/24 (at 31/12/23 they were owed £616,535), which are interest-free and repayable on demand.