Lam Property Holding Limited - Filleted accounts

Registered number

11153108

Lam Property Holding Limited

Filleted Accounts

31 March 2026

Lam Property Holding Limited
Registered number:		11153108
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		669,257			669,257

Current assets
Debtors	4	20,346			18,523
Cash at bank and in hand		2,142			29,036
		22,488			47,559

Creditors: amounts falling due within one year	5	(691,735)			(716,806)

Net current liabilities			(669,247)			(669,247)

Net assets			10			10

Capital and reserves
Called up share capital			10			10

Shareholders' funds			10			10

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Yat Wah Lam
Director
Approved by the board on 3 September 2026

Lam Property Holding Limited
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 rental income receivable provided in the normal course of business and is shown net of VAT and other sales related taxes.

	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:

	Investment properties	Not depreciated

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		-		-


3	Tangible fixed assets
					Investment properties
£
	Cost
	At 1 April 2025				669,257
	At 31 March 2026				669,257

	Depreciation
	At 31 March 2026				-

	Net book value
	At 31 March 2026				669,257
	At 31 March 2025				669,257


4	Debtors		2026		2025
£				£

	Trade debtors		1,721		-
	Other debtors		18,625		18,523
			20,346		18,523


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

	Trade creditors		239		230
	Taxation and social security costs		3,350		7,375
	Other creditors		688,146		709,201
			691,735		716,806


6	Other information

	Lam Property Holding Limited is a private company limited by shares and incorporated in England. Its registered office is:
	469 Kingsway
	Manchester
	M19 1NR