REGISTERED NUMBER: 12293134 (England and Wales)

Lilac Fox Properties Limited

Unaudited Financial Statements

for the Year Ended 31 October 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

P J Edwards

J E Davies

Registered office:

31 Maryport Drive

Timperley

Altrincham

WA15 7NS

Registered number:

12293134 (England and Wales)

Accountants:

Mitchell Charlesworth

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Investment property

4

380,000

165,000

Current assets

Debtors

5

-

738

Cash at bank

11,653

22,620

11,653

23,358

Creditors

Amounts falling due within one year

6

(103,804

)

(56,834

)

Net current liabilities

(92,151

)

(33,476

)

Total assets less current liabilities

287,849

131,524

Creditors

Amounts falling due after more than one year

7

(242,725

)

(98,525

)

Provisions for liabilities

9

(10,088

)

(7,094

)

Net assets

35,036

25,905

Capital and reserves

Called up share capital

10

2

2

Fair value reserve

11

43,006

30,244

Retained earnings

(7,972

)

(4,341

)

Shareholders' funds

35,036

25,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by:

J E Davies - Director

P J Edwards - Director

1.	Statutory information

Lilac Fox 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis on the grounds that the directors will continue to provide sufficient finance to enable the company to continue trading for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102. The directors consider that, because investment properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount relating to the depreciation of the property cannot be separately identified.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Investment property

Total

£

Fair value

At 1 November 2024

165,000

Additions

199,244

Valuation changes

15,756

At 31 October 2025

380,000

Net book value

At 31 October 2025

380,000

At 31 October 2024

165,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

380,000

If investment property had not been revalued it would have been included at the following historical cost:

31.10.25

31.10.24

£

£

Cost

326,906

127,662

Investment property was valued on an open market basis on 31 October 2025 by the directors .

5.

Debtors: amounts falling due within one year

31.10.25

31.10.24

£

£

Prepayments

-

738

6.

Creditors: amounts falling due within one year

31.10.25

31.10.24

£

£

Directors' current accounts

103,804

49,234

Accruals and deferred income

-

7,600

103,804

56,834

7.

Creditors: amounts falling due after more than one year

31.10.25

31.10.24

£

£

Bank loans

242,725

98,525

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

242,725

98,525

8.	Secured debts

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

242,725

98,525

9.	Provisions for liabilities

31.10.25

31.10.24

£

£

Deferred tax

10,088

7,094

Deferred

tax

£

Balance at 1 November 2024

7,094

Provided during year

2,994

Balance at 31 October 2025

10,088

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

£1

2

2

11.

Reserves

Fair

value

reserve

£

At 1 November 2024

30,244

Transfer from retained earnings

12,762

At 31 October 2025

43,006