Lorven Housing Ltd - Filleted accounts

Registered number

08266959

Lorven Housing Ltd

Filleted Accounts

31 October 2025

Lorven Housing Ltd
Registered number:		08266959
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,448,353			3,307,296

Current assets
Debtors	4	850,914			344,886
Cash at bank and in hand		148,025			234,403
		998,939			579,289

Creditors: amounts falling due within one year	5	(387,048)			(488,059)

Net current assets			611,891			91,230

Total assets less current liabilities			4,060,244			3,398,526

Creditors: amounts falling due after more than one year	6		(2,092,188)			(1,652,980)



Net assets			1,968,056			1,745,546

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			1,958,056			1,735,546

Shareholders' funds			1,968,056			1,745,546

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.




Ananda Chakravarthy Kota
Director
Approved by the board on 19 October 2026

Lorven Housing Ltd
Notes to the Accounts
for the year ended 31 October 2025


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			No depreciation provided
	Plant and machinery			10 % on reducing balance basis
	Fixtures, fittings, tools and equipment			5 % on reducing balance basis


	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					28		25


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Fixtures and fittings		Total
£			£		£		£
	Cost
	At 1 November 2024	2,624,294		257,609		692,998		3,574,901
	Additions	158,989		7,082		19,003		185,074
	At 31 October 2025	2,783,283		264,691		712,001		3,759,975

	Depreciation
	At 1 November 2024	-		93,430		174,175		267,605
	Charge for the year	-		17,126		26,891		44,017
	At 31 October 2025	-		110,556		201,066		311,622

	Net book value
	At 31 October 2025	2,783,283		154,135		510,935		3,448,353
	At 31 October 2024	2,624,294		164,179		518,823		3,307,296


4	Debtors					2025		2024
£							£

	Trade debtors					74,317		71,991
	Other debtors					776,597		272,895
						850,914		344,886


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					234,776		246,600
	Taxation and social security costs					140,872		144,349
	Other creditors					11,400		97,110
						387,048		488,059


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					2,092,188		1,652,980


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					2,291,615		1,803,630

	The bank loan is secured by a first charge over the company’s property and bear interest at a variable rate.


8	Other information

	Lorven Housing Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	114 Church Road
	Croydon
	Surrey
	CR0 1SD