Caseware UK (AP4) 2024.0.164 2024.0.164 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true 2024-08-01 false letting and operating of own or leased real estate 1 true 15862515 2024-07-31 15862515 2024-08-01 2025-07-31 15862515 2025-07-31 15862515 2023-08-01 2024-07-31 15862515 c:Director1 2024-08-01 2025-07-31 15862515 d:FreeholdInvestmentProperty 2024-08-01 2025-07-31 15862515 d:FreeholdInvestmentProperty 2025-07-31 15862515 d:CurrentFinancialInstruments 2025-07-31 15862515 d:CurrentFinancialInstruments d:WithinOneYear 2025-07-31 15862515 d:ShareCapital 2025-07-31 15862515 d:RetainedEarningsAccumulatedLosses 2025-07-31 15862515 c:FRS102 2024-08-01 2025-07-31 15862515 c:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 15862515 c:FullAccounts 2024-08-01 2025-07-31 15862515 c:CompanyLimitedByGuarantee 2024-08-01 2025-07-31 15862515 e:PoundSterling 2024-08-01 2025-07-31 iso4217:GBP xbrli:pure

Registered number: 15862515
| Lovel Property Holdings (North East) Ltd Financial statements Information for filing with the registrar 31 July 2025 |
Lovel Property Holdings (North East) Ltd
Balance sheet At 31 July 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Investment property |  |  | 162,577
|  |  | 162,577
Current assets |  |  |
Cash at bank and in hand |  | 13,927 |
|  | 13,927 |
Creditors: amounts falling due within one year | 5 | (169,205) |
Net current (liabilities)/assets |  |  | (155,278)
Total assets less current liabilities |  |  | 7,299
Net assets |  |  | 7,299
Capital and reserves |  |  |
Called up share capital |  |  | 1
Profit and loss account |  |  | 7,298
Shareholders' funds |  |  | 7,299
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Lovel Property Holdings (North East) Ltd
Balance sheet (continued) At 31 July 2025 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 period 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 31 March 2026.
S F Lovel
Director
The notes on pages 3 to 4 form part of these financial statements. Page 2
Lovel Property Holdings (North East) Ltd
Notes to the financial statements Year ended 31 July 2025
1. | General information
Lovel Property Holdings (North East) Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is 49 Frederick Street, Sunderland, England, SR1 1NF. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
| 2.2 | Revenue
The turnover shown in the profit and loss account represents rental income receivable during the period.
| 2.3 | Taxation
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 balance sheet date in the countries where the company operates and generates income.
| 2.4 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the period was 1.
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Lovel Property Holdings (North East) Ltd
Notes to the financial statements Year ended 31 July 2025
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| Additions at cost | 162,577
| At 31 July 2025 | 162,577
The director feels the property value is not materially different to the value it is currently held in the accounts.
5. | Creditors: amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Corporation tax | 1,712
| Other creditors | 163,626
| Accruals and deferred income | 3,867
|  | 169,205
6. | Transactions with directors
| During the year, the directors operated a loan account to record amounts due to and from the company. The amounts advanced from the company to the directors were £874. The amounts repaid from the directors to the company were £164,500. At 31 July 2025 the amount due to the directors was £163,626.
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