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REGISTERED NUMBER: 10683413 (England and Wales)





















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lansdowne Property Developers Limited

Lansdowne Property Developers Limited (Registered number: 10683413)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lansdowne Property Developers Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Dr V Goswami





SECRETARIES: Dr K Goswami
Dr K Goswami
Miss M Goswami





REGISTERED OFFICE: The Yew Trees
1817 Warwick Road
Knowle
Solihull
B93 0DS





REGISTERED NUMBER: 10683413 (England and Wales)





ACCOUNTANTS: A K Patel & Co. Chartered Accountants
1 Coton Lane
Erdington
Birmingham
West Midlands
B23 6TP

Lansdowne Property Developers Limited (Registered number: 10683413)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Development land and property 4 37,000,000 35,000,000

CURRENT ASSETS
Cash at bank 84 74

CREDITORS
Amounts falling due within one year 5 120,446 104,746
NET CURRENT LIABILITIES (120,362 ) (104,672 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,879,638

34,895,328

PROVISIONS FOR LIABILITIES 6 8,626,014 8,126,014
NET ASSETS 28,253,624 26,769,314

CAPITAL AND RESERVES
Called up share capital 7 2,486,871 2,486,871
Revaluation reserve 8 34,504,050 32,504,050
Retained earnings 8 (8,737,297 ) (8,221,607 )
SHAREHOLDERS' FUNDS 28,253,624 26,769,314

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 April 2025 and were signed by:





Dr V Goswami - Director


Lansdowne Property Developers Limited (Registered number: 10683413)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Lansdowne Property Developers 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.

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.

Development land and 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.

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 (2024 - 4 ) .

4. DEVELOPMENT LAND AND PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 35,000,000
Revaluations 2,000,000
At 31 March 2025 37,000,000
NET BOOK VALUE
At 31 March 2025 37,000,000
At 31 March 2024 35,000,000

Lansdowne Property Developers Limited (Registered number: 10683413)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. DEVELOPMENT LAND AND PROPERTY - continued

BOARD RESOLUTION OF LANSDOWNE PROPERTY DEVELOPERS LIMITED

RESOLUTION PASSED ON 2nd May 2025

WHEREAS, Shepherd Vibe Chartered Surveyors prepared a valuation report dated 30 April 2025, assessing the assets of Lansdowne Property Developers Limited as at 05 April 2025;

AND WHEREAS, the Board of Directors has reviewed the aforementioned valuation report and finds it to be comprehensive, accurate, and reflective of the fair market value of the company’s assets as at the specified date;

NOW, THEREFORE, BE IT RESOLVED THAT:

1. The Board of Directors of Lansdowne Property Developers Limited hereby accepts and approves the valuation report of the company’s assets as at 05 April 2025, prepared by Shepherd Vine Chartered Surveyors on 30 April 2025. The report has valued the company’s assets, as at 05 April 2025, to be GBP £37,000,000.00 ((thirty seven million pound).

2. The valuation report shall be adopted as the official record of the company’s asset valuation as at 05 April 2025 for all relevant purposes, including financial reporting, strategic planning, and compliance requirements.

3. The Board authorizes the Company Secretary to file and maintain a copy of the valuation report in the company’s records and to provide copies to relevant stakeholders as required.

4. Any officer of the company is authorized to take such actions as may be necessary to give effect to this resolution.

RESOLVED FURTHER, that this resolution be recorded in the minutes of the company and communicated to all relevant parties.

Certified as a true and correct resolution of the Board of Directors of Lansdowne Property Developers Limited.

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 34,504,050
Cost 2,495,950
37,000,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 36 36
Directors' current accounts 119,254 103,559
Accrued expenses 1,156 1,151
120,446 104,746

6. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 8,626,014 8,126,014

Lansdowne Property Developers Limited (Registered number: 10683413)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 8,126,014
Charge to Income Statement during year 500,000
Balance at 31 March 2025 8,626,014

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Ordinary Share 1 1 1
2,486,870 Ordinary Shares 1 2,486,870 2,486,870
2,486,871 2,486,871

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2024 (8,221,607 ) 32,504,050 24,282,443
Deficit for the year (515,690 ) (515,690 )
Development land and property - 2,000,000 2,000,000
At 31 March 2025 (8,737,297 ) 34,504,050 25,766,753

9. ULTIMATE CONTROLLING PARTY

Dr V Goswami is the sole director of the company and by virtue of being shareholder of Specialist Orthopaedic Services Holdings Ltd is ultimately the shareholder of the company and is therefore person with significant control.