REGISTERED NUMBER: 04076756 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

LANCESTAR PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D J Martyn

SECRETARY:

REGISTERED OFFICE:

Swithins Lodge

Church Walk

Viney Hill

Lydney

Gloucestershire

GL15 4NY

REGISTERED NUMBER:

04076756 (England and Wales)

ACCOUNTANTS:

Barry D P Flodman

c/o Barry Flodman Limited

Suite 1, 1st Floor

42 Alexandra Road

FARNBOROUGH

Hampshire

GU14 6DA

BANKERS:

Bank of Hawaii

Paia Branch

PO Box 792079

Paia

HI 96779

SOLICITORS:

*

*

*

*

*

*

*

FIXED ASSETS

Tangible assets

4

327,337

338,849

CURRENT ASSETS

Debtors

5

116,409

115,254

Cash at bank

6,574

1,652

122,983

116,906

CREDITORS

Amounts falling due within one year

6

63,042

67,304

NET CURRENT ASSETS

59,941

49,602

TOTAL ASSETS LESS CURRENT LIABILITIES

387,278

388,451

CAPITAL AND RESERVES

Called up share capital

7

1

1

Other reserves

39,358

50,350

Retained earnings

347,919

338,100

SHAREHOLDERS' FUNDS

387,278

388,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 10 November 2025 and were signed by:

D J Martyn - Director

1.	STATUTORY INFORMATION

Lancestar Properties Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

in accordance with the property

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2024

335,826

13,122

11,683

1,926

362,557

Exchange differences

(10,993

)

-

-

-

(10,993

)

At 30 September 2025

324,833

13,122

11,683

1,926

351,564

DEPRECIATION

At 1 October 2024

-

11,039

11,664

1,005

23,708

Charge for year

-

208

5

306

519

At 30 September 2025

-

11,247

11,669

1,311

24,227

NET BOOK VALUE

At 30 September 2025

324,833

1,875

14

615

327,337

At 30 September 2024

335,826

2,083

19

921

338,849

Included in cost of land and buildings is freehold land of £ 285,476 (2024 - £ 285,476 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

US taxes paid

116,409

115,254

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

-

1

Credit card

33

996

Deposits held

2,750

2,750

Directors' current accounts

59,775

63,073

Accrued expenses

484

484

63,042

67,304

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

1

Ordinary

£1

1

1