Lakeland Land Limited - Period Ending 2025-10-31

Registration number: 15249041

Lakeland Land Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2025

Lakeland Land Limited

Profit and Loss Account for the Year Ended 31 October 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Lakeland Land Limited

(Registration number: 15249041)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	3	5,468	5,468
Current assets
Debtors	4	1	1
Creditors: Amounts falling due within one year	5	(5,468)	(5,468)
Net current liabilities		(5,467)	(5,467)
Net assets		1	1
Capital and reserves
Called up share capital	6	1	1
Shareholders' funds		1	1

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 24 July 2026

.........................................
Mr J J Keegan Junior
Director

Lakeland Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lakeland Land Limited
Mintsfeet Road South
Kendal
Cumbria
LA9 6ND
England

These financial statements were authorised for issue by the director on 24 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Lakeland Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Investment properties

	2025 £
At 1 November	5,468
At 31 October	5,468

There has been no valuation of investment property by an independent valuer.

4

Debtors

Current	2025 £	2024 £
Other debtors	1	1
	1	1

5

Creditors

	2025 £	2024 £
Due within one year
Other payables	5,468	5,468

Lakeland Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1