REGISTERED NUMBER: 08311356 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LEDZET PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J G Lederhose

L D Zetter

Ms C E Knipe

REGISTERED OFFICE:

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

REGISTERED NUMBER:

08311356 (England and Wales)

ACCOUNTANTS:

Collards

Chartered Accountants

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

FIXED ASSETS

Investment property

4

1,015,000

1,045,000

CURRENT ASSETS

Debtors

5

7,105

9,021

Cash at bank

11,230

15,394

18,335

24,415

CREDITORS

Amounts falling due within one year

6

673,546

686,220

NET CURRENT LIABILITIES

(655,211

)

(661,805

)

TOTAL ASSETS LESS CURRENT LIABILITIES

359,789

383,195

PROVISIONS FOR LIABILITIES

24,430

30,130

NET ASSETS

335,359

353,065

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

334,359

352,065

SHAREHOLDERS' FUNDS

335,359

353,065

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 October 2025 and were signed on its behalf by:

J G Lederhose - Director

1.	STATUTORY INFORMATION

Ledzet 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.

Turnover

Turnover represents rental income, excluding value added tax.

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 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2024

1,045,000

Revaluations

(30,000

)

At 31 March 2025

1,015,000

NET BOOK VALUE

At 31 March 2025

1,015,000

At 31 March 2024

1,045,000

Cost or valuation at 31 March 2025 is represented by:

£

Valuation in 2018

179,579

Valuation in 2019

(36,000

)

Valuation in 2020

(110,000

)

Valuation in 2021

40,000

Valuation in 2022

55,000

Valuation in 2023

(55,000

)

Valuation in 2024

85,000

Valuation in 2025

(30,000

)

Cost

886,421

1,015,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,739

5,150

Other debtors

4,366

3,871

7,105

9,021

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

1,547

4,520

Other creditors

671,999

681,700

673,546

686,220