| REGISTERED NUMBER: |
| LANDMARK LONDON PROPERTIES LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| REGISTERED NUMBER: |
| LANDMARK LONDON PROPERTIES LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| LANDMARK LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 08853549) |
| Contents of the Financial Statements |
| for the year ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| LANDMARK LONDON PROPERTIES LIMITED |
| Company Information |
| for the year ended 31 March 2025 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Broadwalk House, 5th Floor |
| 5 Appold Street |
| Broadgate |
| London |
| EC2A 2AG |
| LANDMARK LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 08853549) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| Current assets |
| Debtors | 7 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 11 |
| Retained earnings | 12 | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| 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. |
| LANDMARK LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 08853549) |
| Balance Sheet - continued |
| 31 March 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| LANDMARK LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 08853549) |
| Notes to the Financial Statements |
| for the year ended 31 March 2025 |
| 1. | Statutory information |
| Landmark London Properties Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Going concern |
| At the time of approving the financial statements the directors have reviewed the financial position of the company, it's income and future obligations. The parent company has confirmed their continued support of any liabilities as they fall due for a minimum period of 12 months from the signature date of these financial statements. As such, the directors believe the company to be a going concern. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover represents amounts receivable for services provided in the year and is stated net of VAT. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Fixed asset investments |
| Fixed asset investments is artwork held and are shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss. |
| 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. |
| LANDMARK LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 08853549) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 2. | Accounting policies - continued |
| Financial instruments |
| The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| Basic financial assets |
| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. |
| Classification of financial liabilities |
| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
| Basic financial liabilities |
| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. |
| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| LANDMARK LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 08853549) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 4. | Tangible fixed assets |
| Fixtures |
| and | Motor |
| fittings | vehicles | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| Depreciation |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | Fixed asset investments |
| Unlisted |
| investments |
| £ |
| Cost |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| At 31 March 2024 |
| Fixed asset investments is artwork held during the year. |
| 6. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| At 31 March 2024 |
| Investment property is held at acquisition price, plus capital expenditure to enhance the properties. The directors have confirmed at the year end date that this represents a fair market value of the properties if they were to sell on an open market to a third party. |
| LANDMARK LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 08853549) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 7. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| 8. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 9. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Other creditors |
| 10. | Secured debts |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank loans are secured by a first legal charge over the investment property. |
| 11. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary shares | £1 | 1,000 | 1,000 |
| 12. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 April 2024 | ( |
) |
| Deficit for the year | ( |
) |
| At 31 March 2025 | ( |
) |
| 13. | Related party disclosures |
| As at the year end the company owed £2,115,300 (2024: £2,115,300) to the shareholder Burlem Ltd and £3,259,190 (2024 : £2,963,128) to Burlem Investments Ltd, a company under common control.The loans are interest free and not repayable on demand. |