Company Registration No. 14505709 (England and Wales)
LTC Property Limited
Unaudited financial statements
for the period ended 30 September 2024
Pages for filing with the Registrar
LTC Property Limited
Statement of financial position
As at 30 September 2024
1
30 September 2024
30 November 2023
£
£
£
£
Fixed assets
3,540,969
2,379,415
Current assets
112,386
320,090
Prepayments and accrued income
9,711
5,238
Creditors: amounts falling due within one year
(63,081)
(315,330)
Net current assets
59,016
9,998
Total assets less current liabilities
3,599,985
2,389,413
Creditors: amounts falling due after more than one year
(3,944,860)
(2,559,976)
Net liabilities
(344,875)
(170,563)
Capital and reserves
(344,875)
(170,563)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the period was as follows:
2024
2023
Number
Number
Employees
3
3
2
Related party transactions
Included within other creditors is a directors loan amount of £3,944,860 (2023: £2,559,976). This loan is interest free until 31 March 2025, after which interest will accrue at 3% per annum. The loan is repayable by 31 March 2027.
LTC Property Limited
Statement of financial position (continued)
As at 30 September 2024
2
For the period ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime.
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 12 June 2025 and are signed on its behalf by:
..............................................
Mark Thomas
Company registration number 14505709 (England and Wales)