Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302026-05-18The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falsetrue2true2023-10-01falseNo description of principal activity 02346625 2023-10-01 2024-09-30 02346625 2022-10-01 2023-09-30 02346625 2024-09-30 02346625 2023-09-30 02346625 c:Director1 2023-10-01 2024-09-30 02346625 d:CurrentFinancialInstruments 2024-09-30 02346625 d:CurrentFinancialInstruments 2023-09-30 02346625 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 02346625 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 02346625 d:ShareCapital 2024-09-30 02346625 d:ShareCapital 2023-09-30 02346625 d:RetainedEarningsAccumulatedLosses 2024-09-30 02346625 d:RetainedEarningsAccumulatedLosses 2023-09-30 02346625 c:FRS102 2023-10-01 2024-09-30 02346625 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 02346625 c:FullAccounts 2023-10-01 2024-09-30 02346625 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 02346625 2 2023-10-01 2024-09-30 02346625 6 2023-10-01 2024-09-30 02346625 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 02346625









LEA VALLEY PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024
 
LEA VALLEY PROPERTIES LIMITED
REGISTERED NUMBER: 02346625

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2024
2023
2023
                                                                            Note
£
£
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
1,866,611
4,521,970

Cash at bank and in hand
 5 
3,157
5,348

  
1,869,768
4,527,318

Creditors: amounts falling due within one year
 6 
(365,011)
(1,146,883)

Net current assets
  
 
 
1,504,757
 
 
3,380,435

Net assets
  
1,504,757
3,380,435


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
1,503,757
3,379,435

  
1,504,757
3,380,435


The directors consider 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 directors acknowledge their 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 18 May 2026.




N Fletcher
Director

Page 1
 
LEA VALLEY PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Lea Valley Properties Limited is a private company, limited by shares, incorporated in England and Wales, registration number 02346625. The registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.
The principal activity of the company during the year was that of property investment.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

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:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. The Company is dependent on the continued support of its bankers and other creditors. The directors are of the opinion that the Company will continue in operation for the foreseeable future.

 
2.3

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Valuation of investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

 
2.6

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.

 
2.7

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.

Page 2
 
LEA VALLEY PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3
 
LEA VALLEY PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Debtors

2024
2023
£
£

Other debtors
1,866,611
4,521,970



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,157
5,348



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
22,688
14,285

Corporation tax
104,817
1,064,204

Other creditors
232,906
63,894

Accruals and deferred income
4,600
4,500

365,011
1,146,883



7.


Related party transactions

Included within other debtors are amounts of £1,835,227 (2023 - £4,498,911) due from companies under common control.
Included within other creditors are amounts of £231,560 (2023 - £54,500) due to companies under common control.


8.


Controlling party

The immediate parent company is Lee Valley Estates Limited. The ultimate controlling party is considered to be M Polledri.

 
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