REGISTERED NUMBER: 05123395 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

LAKESIDE HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D J Whitelaw

A Whitelaw

REGISTERED OFFICE:

Forge Villa

High Street

Scarborough

Ebberston

YO13 9PA

REGISTERED NUMBER:

05123395 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Tangible assets

4

1,750,000

1,800,386

CURRENT ASSETS

Debtors

5

7,991

27,693

Cash at bank

46,914

67,216

54,905

94,909

CREDITORS

Amounts falling due within one year

6

288,262

447,723

NET CURRENT LIABILITIES

(233,357

)

(352,814

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,516,643

1,447,572

CAPITAL AND RESERVES

Called up share capital

805

805

Share premium

69,000

69,000

Revaluation reserve

7

90,000

90,000

Retained earnings

1,356,838

1,287,767

1,516,643

1,447,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

D J Whitelaw - Director

1.	STATUTORY INFORMATION

Lakeside Holdings limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

vehicles

Totals

£

£

£

COST

At 1 April 2025

1,750,000

67,027

1,817,027

Disposals

-

(67,027

)

(67,027

)

At 31 March 2026

1,750,000

-

1,750,000

DEPRECIATION

At 1 April 2025

-

16,641

16,641

Eliminated on disposal

-

(16,641

)

(16,641

)

At 31 March 2026

-

-

-

NET BOOK VALUE

At 31 March 2026

1,750,000

-

1,750,000

At 31 March 2025

1,750,000

50,386

1,800,386

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

7,991

27,693

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

120,000

240,000

Hire purchase contracts

-

48,639

Trade creditors

131

207

Taxation and social security

39,929

14,523

Other creditors

128,202

144,354

288,262

447,723

7.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

90,000

8.	RELATED PARTY DISCLOSURES

At the year end the company was owed £5,709 from Waterhouse Lane Limited (2025 £27,587) a company that is controlled by the directors.