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REGISTERED NUMBER: 13939193 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Lowes Property Ltd

| Lowes Property Ltd (Registered number: 13939193) |

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Lowes Property Ltd |

Company Information

for the Year Ended 28 February 2025

| DIRECTOR: | Mr S D Lowes

| REGISTERED OFFICE: | 18 St Christopher's Way

| Pride Park

| Derby

| Derbyshire

| DE24 8JY

| REGISTERED NUMBER: | 13939193 (England and Wales)

| ACCOUNTANTS: | Franklins

| 18 St Christopher's Way

| Pride Park

| Derby

| Derbyshire

| DE24 8JY

| Lowes Property Ltd (Registered number: 13939193) |

Balance Sheet

28 February 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 226,219 |  | 191,343 |  |

CURRENT ASSETS

Debtors | 5 | 10,291 |  | 35,818 |  |

Cash at bank | 3,728 |  | 3,667 |  |

14,019 |  | 39,485 |  |

CREDITORS

Amounts falling due within one year | 6 | 231,877 |  | 230,935 |  |

NET CURRENT LIABILITIES | (217,858 | ) | (191,450 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 8,361 |  | (107 | ) |

PROVISIONS FOR LIABILITIES | 1,119 |  | - |  |

NET ASSETS/(LIABILITIES) | 7,242 |  | (107 | ) |

CAPITAL AND RESERVES

Called up share capital | 7 | 1 |  | 1 |  |

Non-distributable reserves | 8 | 3,357 |  | - |  |

Retained earnings | 3,884 |  | (108 | ) |

SHAREHOLDERS' FUNDS | 7,242 |  | (107 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 27 August 2025 and were signed by:

Mr S D Lowes - Director

| Lowes Property Ltd (Registered number: 13939193) |

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Lowes Property 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.

| 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.

| 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 1 (2024 - 1 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2024 | 191,343 |  |

| Additions | 30,400 |  |

| Revaluations | 4,476 |  |

| At 28 February 2025 | 226,219 |  |

| NET BOOK VALUE

| At 28 February 2025 | 226,219 |  |

| At 29 February 2024 | 191,343 |  |

| Lowes Property Ltd (Registered number: 13939193) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

4. | INVESTMENT PROPERTY - continued

| Fair value at 28 February 2025 is represented by:

£ |

| Valuation in 2025 | 226,219 |  |

| If investment properties had not been revalued they would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 221,743 |  | - |  |

| Investment properties were valued on an open market basis on 28 February 2025 by the director .

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 10,291 |  | 10,439 |  |

| Directors' current accounts | - |  | 25,379 |  |

10,291 |  | 35,818 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | - |  | 102 |  |

| Tax | 911 |  | - |  |

| Other creditors | 229,999 |  | 229,999 |  |

| Directors' current accounts | 13 |  | - |  |

| Accruals and deferred income | 954 |  | 834 |  |

231,877 |  | 230,935 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | 1 | 1 |  | 1 |  |

8. | RESERVES

| Non-distributable

| reserves

£ |

| Revaluation | 4,476 |  |

| Deferred tax | (1,119 | ) |

| At 28 February 2025 | 3,357 |  |

| Lowes Property Ltd (Registered number: 13939193) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 | 2024 |

£ | £ |

| Mr S D Lowes

| Balance outstanding at start of year | 25,379 |  | - |  |

| Amounts advanced | - |  | 25,379 |  |

| Amounts repaid | (25,379 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 25,379 |  |

| Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum.

10. | RELATED PARTY DISCLOSURES

| The balance outstanding on loans provided from companies with common directors and under common control amounted to £229,999 (2024: £229,999)