LOUTH DEVELOPMENTS LIMITED

Company Registration Number:
01827827 (England and Wales)

Unaudited abridged accounts for the year ended 26 April 2025

Period of accounts

Start date: 01 November 2023

End date: 26 April 2025

LOUTH DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 26 April 2025

Balance sheet
Notes

LOUTH DEVELOPMENTS LIMITED

Balance sheet

As at 26 April 2025


Notes
18 months to 26 April 2025
2023


£
£
Fixed assets
Intangible assets: 3 3,776 5,664
Tangible assets: 4 83,725 540,924
Investments:   0 0
Total fixed assets: 87,501 546,588
Current assets
Stocks: 238,012 248,122
Debtors: 5 136,360 447,703
Cash at bank and in hand: 20,277 12,754
Total current assets: 394,649 708,579
Creditors: amounts falling due within one year:   (191,219) (141,229)
Net current assets (liabilities): 203,430 567,350
Total assets less current liabilities: 290,931 1,113,938
Creditors: amounts falling due after more than one year:   (22,440) (31,482)
Provision for liabilities: 0 (242)
Total net assets (liabilities): 268,491 1,082,214
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 258,491 1,072,214
Shareholders funds: 268,491 1,082,214

The notes form part of these financial statements

LOUTH DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 26 April 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 January 2026
and signed on behalf of the board by:

Name: Grant Bond
Status: Director

The notes form part of these financial statements

LOUTH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LOUTH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2025

2. Employees

18 months to 26 April 2025 2023
Average number of employees during the period 13 15

LOUTH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2025

3. Intangible Assets

Total
Cost £
At 01 November 2023 7,552
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 26 April 2025 7,552
Amortisation
At 01 November 2023 1,888
Charge for year 1,888
At 26 April 2025 3,776
Net book value
At 26 April 2025 3,776
At 31 October 2023 5,664

LOUTH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2025

4. Tangible Assets

Total
Cost £
At 01 November 2023 872,263
Disposals (435,816)
At 26 April 2025 436,447
Depreciation
At 01 November 2023 331,339
Charge for year 21,383
At 26 April 2025 352,722
Net book value
At 26 April 2025 83,725
At 31 October 2023 540,924

LOUTH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2025

5. Debtors

18 months to 26 April 2025 2023
££
Debtors due after more than one year: 0 0

LOUTH DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 26 April 2025

6. Related party transactions

Name of the related party: Gabitie Group Ltd
Relationship:
Parent
Description of the Transaction: Gabitie Group Limited is the parent company and owns 100% of the share capital of Louth Developments Limited. At 26 April 2025, Louth Developments Limited owed Gabitie Group Limited £4,000. The amount was unsecured, interest-free and repayable on demand.
£
Balance at 01 November 2023 0
Balance at 26 April 2025 4,000