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Registration number: 14704763

Atticus Lucas Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Atticus Lucas Ltd

Contents

Company Information | 1
Balance Sheet | 2
Statement of Changes in Equity | 3
Notes to the Unaudited Financial Statements | 4 to 6

Atticus Lucas Ltd

Company Information

Directors | Mrs M Lucas Mr M A Walker

Registered office | 14 Wembley Avenue Whitley Bay NE25 8TE

Accountants | Red Dot Accountants Ltd 15 Olympic Court Whitehills Business Park Blackpool Lancashire FY4 5GU

Atticus Lucas Ltd

(Registration number: 14704763)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 138,948 | 138,948
Current assets |  |  |
Debtors | 5 | 141 | 130
Cash at bank and in hand |  | 1,068 | 1,242
|  | 1,209 | 1,372
Creditors: Amounts falling due within one year | 6 | (44,478) | (44,478)
Net current liabilities |  | (43,269) | (43,106)
Total assets less current liabilities |  | 95,679 | 95,842
Creditors: Amounts falling due after more than one year | 6 | (100,500) | (100,500)
Net liabilities |  | (4,821) | (4,658)
Capital and reserves |  |  |
Called up share capital | 7 | 2 | 2
Retained earnings |  | (4,823) | (4,660)
Shareholders' deficit |  | (4,821) | (4,658)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 November 2025 and signed on its behalf by:

......................................... Mrs M Lucas Director

Atticus Lucas Ltd

Statement of Changes in Equity for the Year Ended 31 March 2025

| Share capital £ | Retained earnings £ | Total £
At 1 April 2024 | 2 | (4,660) | (4,658)
Loss for the year | - | (163) | (163)
At 31 March 2025 | 2 | (4,823) | (4,821)

| Share capital £ | Retained earnings £ | Total £
Loss for the year | - | (4,660) | (4,660)
New share capital subscribed | 2 | - | 2
At 31 March 2024 | 2 | (4,660) | (4,658)

Atticus Lucas Ltd

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

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
14 Wembley Avenue
Whitley Bay
NE25 8TE

These financial statements were authorised for issue by the Board on 16 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the rental income receivable from tenants in the ordinary course of the company’s activities.
The company recognises revenue when: the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Investment property

Investment property is recorded at actual cost when it is purchased. The value of the property is reviewed annually by the Director's and the property is revalued to current market values where the change in value is significant. The revalued amount is assessed by the Director's by comparing the porpoerty portfolio against similar sized properties in a similar geographical location.

Trade debtors

Trade debtors are amounts due from tenants for rental income in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price.

Atticus Lucas Ltd

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

Borrowings

Interest-bearing borrowings are recorded at fair value, net of transaction costs.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 April 2024 | 138,948 | 138,948
At 31 March 2025 | 138,948 | 138,948
Depreciation
Carrying amount
At 31 March 2025 | 138,948 | 138,948
At 31 March 2024 | 138,948 | 138,948

Included within the net book value of land and buildings above is £138,948 (2024 - £138,948) in respect of freehold land and buildings.

5 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 141 | 130
| 141 | 130

Atticus Lucas Ltd

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

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 480 | 480
Other creditors | 43,998 | 43,998
| 44,478 | 44,478

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 100,500 | 100,500

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 100,500 | 100,500