Lake Avenue Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09661047

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		113,868		122,371

			113,868		122,371
CURRENT ASSETS
Stocks	5	92,510		88,105
Debtors		-		2,565
Cash at bank and in hand		10,639		22,306

		103,149		112,976
Creditors: Amounts Falling Due Within One Year	6	(25,390 )		(15,820 )

NET CURRENT ASSETS (LIABILITIES)			77,759		97,156

TOTAL ASSETS LESS CURRENT LIABILITIES			191,627		219,527

Creditors: Amounts Falling Due After More Than One Year	7		(123,691 )		(140,328 )

NET ASSETS			67,936		79,199

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			67,934		79,197

SHAREHOLDERS' FUNDS			67,936		79,199

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Lake Avenue Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr Mahesh Odedra

Director

20 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Lake Avenue Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09661047 . The registered office is 108 Sandford Road, Chelmsford, Essex, CM2 6DH.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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	Nil
Plant & Machinery	15% Reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 14)

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Lake Avenue Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 November 2024	53,000	134,096	187,096
Additions	-	2,238	2,238

As at 31 October 2025	53,000	136,334	189,334

Depreciation
As at 1 November 2024	-	64,725	64,725
Provided during the period	-	10,741	10,741

As at 31 October 2025	-	75,466	75,466

Net Book Value
As at 31 October 2025	53,000	60,868	113,868

As at 1 November 2024	53,000	69,371	122,371

5. Stocks

	2025	2024
	£	£
Stock	92,510	88,105

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,118	6,778
Other creditors	2,172	2,094
Taxation and social security	16,100	6,948

	25,390	15,820

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

	2025	2024
	£	£
Other creditors	123,691	140,328

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Lake Avenue Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

9. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	30,000	30,000

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