LHC Property Management Ltd - Filleted accounts

Registered number

13007464

(England & Wales)

LHC Property Management Ltd

Filleted Accounts

31 March 2026

LHC Property Management Ltd
Registered number:		13007464
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,403,480			1,404,640

Current assets
Debtors	4	65,430			16,346
Cash at bank and in hand		56,719			27,988
		122,149			44,334

Creditors: amounts falling due within one year	5	(369,346)			(365,481)

Net current liabilities			(247,197)			(321,147)

Total assets less current liabilities			1,156,283			1,083,493

Creditors: amounts falling due after more than one year	6		(808,431)			(852,549)



Net assets			347,852			230,944

Capital and reserves
Called up share capital			100			100
Profit and loss account			347,752			230,844

Shareholder's funds			347,852			230,944

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Salim Musa
Director
Approved by the board on 19 August 2026

LHC Property Management Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			0		0


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	1,400,000		5,800		1,405,800
	At 31 March 2026	1,400,000		5,800		1,405,800

	Depreciation
	At 1 April 2025	-		1,160		1,160
	Charge for the year	-		1,160		1,160
	At 31 March 2026	-		2,320		2,320

	Net book value
	At 31 March 2026	1,400,000		3,480		1,403,480
	At 31 March 2025	1,400,000		4,640		1,404,640


4	Debtors			2026		2025
£					£

	Trade debtors			5,430		16,346
	Other debtors			60,000		-
				65,430		16,346


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			32,226		46,240
	Taxation and social security costs			54,005		39,676
	Other creditors			33,504		30,954
	Director's account			244,611		244,611
	Accruals and deferred income			5,000		4,000
				369,346		365,481


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			376,491		410,609
	Other loans			431,940		441,940
				808,431		852,549


7	Loans			2026		2025
£					£
	Creditors include:
	Instalments falling due for payment after more than five years			247,586		225,650


	Secured bank loans			408,717		456,848

	The bank loans are secured by way of fixed and floating charges on the companies properties.


8	Related party transactions

	Directors account as shown in note 5 above is owed to the director Mr Salim Musa. The loan is unsecured and interest free. The maximum balance of the loan during the year was £244,611 (2025: 244,611). The director has indicated that he will not seek repayment of the loan within 12 months of the approval of these accounts.


9	Controlling party

	The parent company is MNM Property Management Limited, registered office address: 252 Garstang Road, Preston, Lancashire, PR2 9QB. The ultimate parent company is New River Group Ltd, registered office address: Caroline House, 125 Bradshaw Gate, Bolton, Lancashire, BL2 1BJ.


10	Other information

	LHC Property Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Caroline House
	125 Bradshawgate
	Bolton
	Lancashire
	BL2 1BJ