Company registration number: 16425353
Annual report and unaudited financial statements
for the period ended 31 May 2026
for
Lauross Estates Limited
Pages for filing with the Registrar
Company registration number: 16425353
Lauross Estates Limited
Balance sheet
as at 31 May 2026
Note £ £
Fixed assets
Investment property 5 276,105
276,105
Current assets
Debtors 177
Cash at bank and in hand 1,658
1,835
Creditors: amounts falling due within one year
(107,915)
Net current liabilities (106,080)
Total assets less current liabilities 170,025
Creditors: Amounts falling due after more than one year
6 (177,500)
NET LIABILITIES (7,475)
Capital and reserves
Called up share capital 1
Profit and loss account (7,476)
TOTAL EQUITY (7,475)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 May 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 16425353
Lauross Estates Limited
Balance sheet - continued
as at 31 May 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 2 November 2026 and signed on its behalf by:
Mr R Young, Director Miss L Cathie, Director
2 November 2026 2 November 2026
2
Lauross Estates Limited
Notes to the financial statements
for the period ended 31 May 2026
1 Company information
Lauross Estates Limited is a private company registered in England and Wales. Its registered number is 16425353. The company is limited by shares. Its registered office is Hales Pasture House, London Road, Knutsford, Cheshire, WA16 9LT.
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 historic cost convention.
Going concern
At 31 May 2026 the company had net liabilities of £7,475, arising from finance and set-up costs incurred before the property was let. The company is funded by loans from its directors, who have confirmed that they will not seek repayment of these loans until the company has sufficient funds to do so, and will continue to provide financial support for at least 12 months from the date of approval of these financial statements. The property was let from July 2026 and rental income is expected to cover the company’s ongoing finance and running costs. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Critical accounting judgements and estimates
Fair value of investment property: the investment property at 10 Brynlow Drive, Middlewich was acquired on 3 March 2026 and refurbished before the period end. No external valuation has been obtained. The directors consider that cost, including acquisition costs and the refurbishment required to bring the property into a lettable condition, is a reasonable estimate of its fair value at 31 May 2026.
4 Average number of employees
During the period the average number of employees was Nil.
5 Investment property
£
Valuation
Additions 276,105
At 31 May 2026 276,105
6 Creditors: amounts falling due after more than five years
3
Lauross Estates Limited
Notes to the financial statements - continued
for the period ended 31 May 2026
6 Creditors: amounts falling due after more than five years - continued
Included within the above creditors are the following amounts falling due after more than five years:
£
Repayable otherwise than by instalments
Bank loans 177,500
7 Secured debts
The bank finance from Gatehouse Bank plc of £177,500 is secured by a legal charge over the company’s investment property at 10 Brynlow Drive, Middlewich, registered at Companies House on 6 March 2026, and by personal guarantees given by the directors.
8 Advances, credit and guarantees granted to directors
No advances or credits were granted by the company to its directors, and no guarantees were entered into by the company on behalf of its directors, during the period.
9 Related party transactions
During the period the directors made interest-free loans to the company, which are unsecured and repayable on demand. At 31 May 2026 the company owed £53,620 to L E Cathie and £53,575 to R Young (total £107,195). The directors have also given personal guarantees in respect of the company’s bank finance from Gatehouse Bank plc.
10 Post balance sheet events
On 21 July 2026 the company made a capital repayment of £17,775 to Gatehouse Bank plc, reducing the bank finance outstanding. The property was let from July 2026 and the company began receiving rental income after the period end.
4