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REGISTERED NUMBER: 14038025 (England and Wales)

| Lay of Havelock Housing Ltd |

| Unaudited Financial Statements |

| for the Year Ended 30 September 2024 |

Lay of Havelock Housing Ltd (Registered number: 14038025)

Contents of the Financial Statements

for the Year Ended 30 September 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Lay of Havelock Housing Ltd

Company Information

for the Year Ended 30 September 2024

| DIRECTOR: | T Vallance

| REGISTERED OFFICE: | 20-22 Wenlock Road

| London

| N1 7GU

| REGISTERED NUMBER: | 14038025 (England and Wales)

| ACCOUNTANTS: | TC Group

| Sterling House

| 97 Lichfield Street

| Tamworth

| Staffordshire

| B79 7QF

Lay of Havelock Housing Ltd (Registered number: 14038025)

Balance Sheet

30 September 2024

| 2024 |  | 2023

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 5,446 |  | 12,005 |  |

Cash at bank | 3 |  | - |  |

5,449 |  | 12,005 |  |

CREDITORS

Amounts falling due within one year | 5 | 1,240 |  | 7,163 |  |

NET CURRENT ASSETS | 4,209 |  | 4,842 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,209 |  | 4,842 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 200 |  | 200 |  |

Retained earnings | 4,009 |  | 4,642 |  |

SHAREHOLDERS' FUNDS | 4,209 |  | 4,842 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2026 and were signed by:

T Vallance - Director

Lay of Havelock Housing Ltd (Registered number: 14038025)

Notes to the Financial Statements

for the Year Ended 30 September 2024

1. | STATUTORY INFORMATION

| Lay of Havelock Housing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Significant judgements and estimates

| The company makes estimates and assumptions concerning the future. Management are also required to exercise judgment in the process of applying the company’s accounting policies. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:

| In preparing these financial statements, the directors have made the following judgments:

| - A provision is recognised when the company has a present legal or constructive obligation as a result of a past event for which it is probable that an outflow of resources will be required to settle the obligation and the amount can be reliably estimated. If the effect is material, provisions are determined by discounting the expected future cash flow at a rate that reflects the time value of money and the risks specific to the liability

| - Whether a present obligation is probable or not requires judgment. The nature and type of risks for these provisions differ and management’s judgment is applied regarding the nature and extent of obligations in deciding if an outflow of resources is probable or not

| - Sales ledger debt provisions. Management review outstanding balances on a regular basis and make provisions as and when required.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Financial instruments

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Debtors

| 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.

| Creditors

| 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.

| Cash and cash equivalents

| 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.

Lay of Havelock Housing Ltd (Registered number: 14038025)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

2. | ACCOUNTING POLICIES - continued

| 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 (2023 - NIL).

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | - |  | 2,112 |  |

| Other debtors | 5,446 |  | 9,893 |  |

5,446 |  | 12,005 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | - |  | 2,439 |  |

| Trade creditors | - |  | 356 |  |

| Taxation and social security | 1,240 |  | 1,137 |  |

| Other creditors | - |  | 3,231 |  |

1,240 |  | 7,163 |  |

6. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank overdrafts | - |  | 2,439 |  |

| The loans and overdrafts are secured by way of a fixed and floating charge over the assets of the company, both present and future.

Lay of Havelock Housing Ltd (Registered number: 14038025)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 200 | Ordinary | £1 | 200 |  | 200 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the year ended 30 September 2024 and the period ended 30 September 2023:

2024 | 2023 |

£ | £ |

| T Vallance

| Balance outstanding at start of year | 8,195 |  | - |  |

| Amounts advanced | 4,000 |  | 8,195 |  |

| Amounts repaid | (8,195 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 4,000 |  | 8,195 |  |

| There are no formal terms for repayment of loans/advances and no interest is charged or accrued on the outstanding balance.

| The balance was repaid in full after the balance sheet date but prior to the accounts being signed.

9. | RELATED PARTY DISCLOSURES

| At the balance sheet date, the company owed £nil (2023 - £3,231) to connected companies.