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Registered number: 13290231
Lily Estates LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Tax Complete
108 Merton High Street
London
SW19 1BD
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13290231
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 198,500 192,000
198,500 192,000
CURRENT ASSETS
Cash at bank and in hand 738 3,730
738 3,730
NET CURRENT ASSETS (LIABILITIES) 738 3,730
TOTAL ASSETS LESS CURRENT LIABILITIES 199,238 195,730
Creditors: Amounts Falling Due After More Than One Year (197,521 ) (194,942 )
NET ASSETS 1,717 788
CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 6 35,321 28,821
Profit and Loss Account (33,704 ) (28,133 )
SHAREHOLDERS' FUNDS 1,717 788
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Youheart Thomas
Director
4th December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Lily Estates LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13290231 . The registered office is Tax Complete, 108 Merton High Street, London, SW19 1BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 192,000
Revaluations 6,500
As at 31 March 2025 198,500
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3
Page 4
6. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 April 2024 28,821 (28,133 )
Loss for the year and total comprehensive income - (5,571 )
Transfer to/from Profit & Loss Account 6,500 -
As at 31 March 2025 35,321 (33,704 )
Page 4