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REGISTERED NUMBER: 03737637 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Lambert Pressland Ltd
Lambert Pressland Ltd (Registered number: 03737637)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lambert Pressland Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTORS: P I H Pressland
O E Lambert





SECRETARY: P Pressland





REGISTERED OFFICE: 14 Church Street
Whitchurch
Basingstoke
Hampshire
RG28 7AB





REGISTERED NUMBER: 03737637 (England and Wales)





Page 1
Lambert Pressland Ltd (Registered number: 03737637)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 186,965 186,965
Investment property 6 20,383,276 20,383,276
20,570,241 20,570,241

CURRENT ASSETS
Stocks 1,480,885 1,324,683
Debtors 7 489,642 284,089
Cash at bank 222,912 384,407
2,193,439 1,993,179
CREDITORS
Amounts falling due within one year 8 1,471,320 1,433,288
NET CURRENT ASSETS 722,119 559,891
TOTAL ASSETS LESS CURRENT
LIABILITIES
21,292,360
21,130,132

CREDITORS
Amounts falling due after more than one
year
9
13,536,851
13,791,833
NET ASSETS 7,755,509 7,338,299

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 10 5,685,989 5,685,989
Retained earnings 2,069,518 1,652,308
SHAREHOLDERS' FUNDS 7,755,509 7,338,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 notes form part of these financial statements

Page 2 continued...
Lambert Pressland Ltd (Registered number: 03737637)

Balance Sheet - continued
31 March 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 11 December 2017 and were signed on its behalf
by:




P I H Pressland - Director



O E Lambert - Director


The notes form part of these financial statements

Page 3
Lambert Pressland Ltd (Registered number: 03737637)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Lambert Pressland Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

Page 4 continued...
Lambert Pressland Ltd (Registered number: 03737637)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2016
and 31 March 2017 57,384
DEPRECIATION
At 1 April 2016
and 31 March 2017 57,384
NET BOOK VALUE
At 31 March 2017 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2016
and 31 March 2017 186,965
NET BOOK VALUE
At 31 March 2017 186,965
At 31 March 2016 186,965

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2016
and 31 March 2017 20,383,276
NET BOOK VALUE
At 31 March 2017 20,383,276
At 31 March 2016 20,383,276

Fair value at 31 March 2017 is represented by:

£   
Valuation in 2012 6,859,264
Valuation in 2013 (722,134 )
Valuation in 2014 (451,141 )
Cost 14,697,287
20,383,276

Page 5 continued...
Lambert Pressland Ltd (Registered number: 03737637)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2017 2016
£    £   
Cost 14,697,287 17,628,791

investment property was valued on an open market basis on 7 March 2016 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 489,642 284,089

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts - 542
Taxation and social security 140,047 45,705
Other creditors 1,331,273 1,387,041
1,471,320 1,433,288

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Bank loans 13,036,851 13,291,833
Other creditors 500,000 500,000
13,536,851 13,791,833

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,310,789 5,565,771

10. RESERVES
Revaluation
reserve
£   
At 1 April 2016
and 31 March 2017 5,685,989

Page 6