LNST Investment Limited - Accounts to registrar (filleted) - small 18.2

LNST Investment Limited - Accounts to registrar (filleted) - small 18.2

LNST INVESTMENT LIMITED - Company Information

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REGISTERED NUMBER: 09388987 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020

FOR

LNST INVESTMENT LIMITED
LNST INVESTMENT LIMITED (REGISTERED NUMBER: 09388987)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LNST INVESTMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2020







DIRECTORS: M L Sugarman
L J Sugarman





REGISTERED OFFICE: 6th Floor
Charles House
108-110 Finchley Road
London
NW3 5JJ





REGISTERED NUMBER: 09388987 (England and Wales)





ACCOUNTANTS: Numera Partners LLP
6th Floor
Charles House
108-110 Finchley Road
London
NW3 5JJ
Page 1
LNST INVESTMENT LIMITED (REGISTERED NUMBER: 09388987)

BALANCE SHEET
31 JANUARY 2020

31.1.20 31.1.19
Notes £    £    £    £   
FIXED ASSETS
Investments 4 589,505 636,154

CURRENT ASSETS
Debtors 5 89,795 6,971
Cash at bank and in hand 72,651 128,756
162,446 135,727
CREDITORS
Amounts falling due within one year 6 4,808 4,704
NET CURRENT ASSETS 157,638 131,023
TOTAL ASSETS LESS CURRENT
LIABILITIES
747,143
767,177

CREDITORS
Amounts falling due after more than one year 7 501,807 515,807
NET ASSETS 245,336 251,370

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 245,236 251,270
SHAREHOLDERS' FUNDS 245,336 251,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 February 2021 and were signed on its behalf by:





M L Sugarman - Director


The notes form part of these financial statements

Page 2
LNST INVESTMENT LIMITED (REGISTERED NUMBER: 09388987)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020

1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


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 historical cost convention as modified by the revaluation of certain assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4. FIXED ASSET INVESTMENTS
Hollyport Other
6 Investment investments Totals
£    £    £   
COST OR VALUATION
At 1 February 2019 365,577 270,577 636,154
Additions 63,522 112,317 175,839
Disposals (98,113 ) - (98,113 )
Dividends received - (124,375 ) (124,375 )
At 31 January 2020 330,986 258,519 589,505
NET BOOK VALUE
At 31 January 2020 330,986 258,519 589,505
At 31 January 2019 365,577 270,577 636,154

Cost or valuation at 31 January 2020 is represented by:

Hollyport Other
6 Investment investments Totals
£    £    £   
Valuation in 2018 - 95,000 95,000
Valuation in 2019 313,314 88,077 401,391
Valuation in 2020 (34,591 ) (109,533 ) (144,124 )
Cost 52,263 184,975 237,238
330,986 258,519 589,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Other debtors 89,795 6,971

Page 3 continued...
LNST INVESTMENT LIMITED (REGISTERED NUMBER: 09388987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2020

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Bank loans and overdrafts 75 -
Taxation and social security - 1,710
Other creditors 4,733 2,994
4,808 4,704

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.20 31.1.19
£    £   
Other creditors 501,807 515,807

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2020 and 31 January 2019:

31.1.20 31.1.19
£    £   
L J Sugarman
Balance outstanding at start of year 5,261 (637 )
Amounts advanced - 38,513
Amounts repaid (7,000 ) (32,615 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,739 ) 5,261

M L Sugarman
Balance outstanding at start of year - -
Amounts advanced 50,000 -
Amounts repaid (50,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

9. RELATED PARTY DISCLOSURES

Included in creditors falling due more than one year is an amount of £501,807 owed to Bare Trust for the grandchildren of Lucille Nancy Sugarman. This balance arose as a result of financing transactions.

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