Company Registration No. 13215615 (England and Wales)
L&k Developments Limited
Unaudited accounts
for the year ended 28 February 2026
L&k Developments Limited
Unaudited accounts
Contents
L&k Developments Limited
Company Information
for the year ended 28 February 2026
Directors
Kim Matthews
Liam Jonathan Payne
Company Number
13215615 (England and Wales)
Registered Office
Ailsa Craig Main Road
Camerton
Hull
HU12 9NQ
England
Accountants
Rossendale Bookkeeping Limited
Unit N
Waterfoot Business Centre
ROSSENDALE
Lancashire
BB4 9HR
L&k Developments Limited
Statement of financial position
as at 28 February 2026
Investment property
112,500
127,500
Cash at bank and in hand
2,788
6,640
Creditors: amounts falling due within one year
(37,096)
(45,378)
Net current liabilities
(34,308)
(34,218)
Total assets less current liabilities
78,192
93,282
Creditors: amounts falling due after more than one year
(76,495)
(76,495)
Provisions for liabilities
Called up share capital
2
2
Fair value reserve
-
6,608
Profit and loss account
1,695
8,627
Shareholders' funds
1,697
15,237
For the year ending 28 February 2026 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by
Kim Matthews
Director
Company Registration No. 13215615
L&k Developments Limited
Notes to the Accounts
for the year ended 28 February 2026
L&k Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 13215615. The registered office is Ailsa Craig Main Road, Camerton, Hull, HU12 9NQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements have been prepared under the historical cost convention except that investment property is measured at fair value at each reporting date.
The accounts are presented in £ sterling.
Fair value at 1 March 2025
127,500
Net loss from fair value adjustments
(15,000)
At 28 February 2026
112,500
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value
is recognised in profit or loss.
Investment property is stated at the directors' estimate of fair value, having regard to current market evidence including an independent estate agent's valuation.
No depreciation is provided on investment properties as the director considers that, as these properties are held for
investment, to depreciate them would not give a true and fair view.
Amounts falling due within one year
Accrued income and prepayments
-
4,520
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
-
612
Loans from directors
36,496
44,184
L&k Developments Limited
Notes to the Accounts
for the year ended 28 February 2026
7
Creditors: amounts falling due after more than one year
2026
2025
8
Deferred taxation
2026
2025
Accelerated capital allowances
-
1,550
Provision at start of year
1,550
1,550
Credited to other comprehensive income
(1,550)
-
Provision at end of year
-
1,550
The deferred tax provision relating to the previous property revaluation has been released during the year following the reduction in the property's carrying value.
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).