LHK VENTURS LIMITED


Director	KEENAN, Linda Marlene


Registered Address	Layham Hall Hadleigh Road
	Layham
	Ipswich
	IP7 5LE


Registered Number	15841698 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		438,807		252,620
			438,807		252,620
Current assets
Stocks		13,545		-
Debtors	4	47,615		106,173
Cash at bank and on hand		300,065		40,652
		361,225		146,825
Creditors amounts falling due within one year	5	(107,948)		(66,879)
Net current assets (liabilities)			253,277		79,946
Total assets less current liabilities			692,084		332,566
Creditors amounts falling due after one year	6		(732,887)		(361,643)
Net assets			(40,803)		(29,077)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(40,804)		(29,078)
Shareholders' funds			(40,803)		(29,077)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 15 October 2026, and are signed on its behalf by:

KEENAN, Linda Marlene
Director
Registered Company No. 15841698

LHK VENTURS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

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

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Land and buildings	10
	Plant and machinery	5
	Fixtures and fittings	4
	Office Equipment	4

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	16		3

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 25	254,044
	Additions	256,396
	At 31 March 26	510,440
	Depreciation and impairment
	At 01 April 25	1,424
	Charge for year	70,209
	At 31 March 26	71,633
	Net book value
	At 31 March 26	438,807
	At 31 March 25	252,620

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	444	1,656
Other debtors	31,500	81,196
Prepayments and accrued income	15,671	23,321
Total	47,615	106,173

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	16,289	58,948
Taxation and social security	27,319	-
Other creditors	14,078	7,331
Accrued liabilities and deferred income	50,262	600
Total	107,948	66,879

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Amounts owed to related parties	326,382	229,813
Other creditors	406,505	131,830
Total	732,887	361,643