REGISTERED NUMBER: 13241458 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

LTG Property Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr L T Gardner

REGISTERED OFFICE:

89 Station Road North

Belton

Great Yarmouth

NR31 9NW

REGISTERED NUMBER:

13241458 (England and Wales)

ACCOUNTANTS:

MLA Advisory

Unit D10 Upper Lounge,

Pinetrees road

Norwich

Norfolk

NR7 9BB

FIXED ASSETS

Tangible assets

4

50,850

50,850

Investment property

5

297,639

300,121

348,489

350,971

CURRENT ASSETS

Stocks

60,038

141,370

Debtors

6

13,206

18,168

Cash at bank

119,145

31,418

192,389

190,956

CREDITORS

Amounts falling due within one year

7

6,979

543,904

NET CURRENT ASSETS/(LIABILITIES)

185,410

(352,948

)

TOTAL ASSETS LESS CURRENT LIABILITIES

533,899

(1,977

)

CREDITORS

Amounts falling due after more than one year

8

(520,603

)

-

PROVISIONS FOR LIABILITIES

(1,651

)

(2,123

)

NET ASSETS/(LIABILITIES)

11,645

(4,100

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

8,690

-

Retained earnings

2,855

(4,200

)

11,645

(4,100

)

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 30 September 2025 and were signed by:

Mr L T Gardner - Director

1.	STATUTORY INFORMATION

LTG Property Services 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 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.

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.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

50,850

NET BOOK VALUE

At 31 March 2025

50,850

At 31 March 2024

50,850

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

300,121

Revaluations

(2,482

)

At 31 March 2025

297,639

NET BOOK VALUE

At 31 March 2025

297,639

At 31 March 2024

300,121

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

297,639

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

12,240

-

Other debtors

966

18,168

13,206

18,168

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

533,270

Trade creditors

767

5,798

Other creditors

6,212

4,836

6,979

543,904

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

520,603

-

9.

RESERVES

Fair

value

reserve

£

Movement

8,690

At 31 March 2025

8,690