ACCOUNTS - Final Accounts preparation

Registered number: 12886078

LS COMPANY 37 LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

LS COMPANY 37 LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The directors of LS Company 37 Limited (the 'Company') present their report and the financial statements of the Company for the year ended 31 March 2025.

Principal activity

The Company is dormant. No change in the Company's dormant status is anticipated in the foreseeable future.

Results for the year and dividend

There was no activity in the Company for the year ended 31 March 2025 and consequently no Statement of Comprehensive Income has been disclosed.
The directors do not recommend the payment of a dividend for the year ended 31 March 2025 (2024: £Nil).

Directors

The directors who held office during the year and up to the date of this report were:

Land Securities Management Services Limited

LS Director Limited

M Worthington

Indemnity

The Company has made qualifying third party indemnity provisions for the benefit of the respective directors which were in place throughout the year and which remain in place at the date of this report.

Small companies note

The Directors' Report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

	Registered Office
	100 Victoria Street
	London
	SW1E 5JL

This report was approved by the Board and signed on its behalf.

M Smout, for and on behalf of LS Company Secretaries Limited

Secretary

Date: 12 September 2025
Registered in England and Wales

Registered number: 12886078

Page 1

LS COMPANY 37 LIMITED

REGISTERED NUMBER: 12886078

BALANCE SHEET

AS AT 31 MARCH 2025

	2025	2024
Note	£	£

Current assets
Amounts due from Group undertakings	2	1	1
		1	1

Net assets		1	1

Capital and reserves
Share capital	3	1	1
Total equity		1	1

For the year ended 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of the financial statements.

The financial statements on pages 2 to 4 were approved by the Board of Directors and were signed on its behalf by:

N Taunt

For and on behalf of LS Director Limited

Date: 12 September 2025

Page 2

LS COMPANY 37 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.Accounting policies

1.1

Basis of preparation

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland ('FRS 102') and the Companies Act 2006.

1.2

Financial reporting standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102:

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d); and

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information and the results of the Company are included in the consolidated financial statements of Land Securities Group PLC, in which the entity is consolidated.

1.3

Share Capital

Ordinary shares are classified as equity.

1.4

Amounts due from Group undertakings

Amounts due from Group undertakings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, amounts due from Group undertakings are stated at amortised cost and, where relevant, adjusted for the time value of money. The Company assesses on a forward-looking basis, the expected credit losses associated with its amounts due from Group undertakings. A provision for impairment is made for the lifetime expected credit losses on initial recognition of the amounts due.

In determining the expected credit losses, the Company takes into account any future expectations of likely default events based on the level of capitalisation of the counterparty, which is a fellow subsidiary undertaking of Land Securities Group PLC.

1.5

Statement of Comprehensive Income and other primary statements

There was no activity in the Company for the year ended 31 March 2025 and consequently no Statement of Comprehensive Income has been disclosed.

Page 3

LS COMPANY 37 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.	Amounts due from Group undertakings

					2025	2024
					£	£


Amounts due from Group undertakings - fellow subsidiary	1	1
Total amounts due from Group undertakings	1	1

The unsecured amounts due from Group undertakings are interest free, repayable on demand with no fixed repayment date.

3.	Share capital
		Authorised and issued 2025 Number	Allotted and fully paid 2025 £	Authorised and issued 2024 Number	Allotted and fully paid 2024 £

	Ordinary share of £1.00	1	1	1	1
		1	1	1	1

4.	Parent company

The immediate parent company is Land Securities SPV's Limited.

The ultimate parent company and controlling party at 31 March 2025 was Land Securities Group PLC, which is registered in England and Wales. This is the largest parent company of the Group to consolidate these financial statements.

Consolidated financial statements for the year ended 31 March 2025 for Land Securities Group PLC can be obtained from the Company Secretary, at the registered office of the ultimate parent company, 100 Victoria Street, London, SW1E 5JL and from the Group website at www.landsec.com. This is the largest and smallest Group to include these accounts in its consolidated financial statements.

Page 4