Company Registration No. 08960294 (England and Wales)
Ladywood Properties Ltd
Unaudited filleted accounts
for the year ended 31 March 2025
Ladywood Properties Ltd
Unaudited filleted accounts
Contents
Ladywood Properties Ltd
Company Information
for the year ended 31 March 2025
Company Number
08960294 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
United Kingdom
Accountants
1g Accountants
Churchill House
137-139 Brent Street
London
NW4 4DJ
Ladywood Properties Ltd
Statement of financial position
as at 31 March 2025
Investment property
1,850,000
1,850,000
Cash at bank and in hand
10,405
45,118
Creditors: amounts falling due within one year
(178,014)
(145,507)
Net current liabilities
(97,985)
(58,990)
Total assets less current liabilities
1,752,015
1,791,010
Creditors: amounts falling due after more than one year
(1,432,187)
(1,467,668)
Provisions for liabilities
Deferred tax
(100,000)
(76,000)
Net assets
219,828
247,342
Called up share capital
3
3
Profit and loss account
219,825
247,339
Shareholders' funds
219,828
247,342
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 December 2025 and were signed on its behalf by
J Cope
Director
Company Registration No. 08960294
Ladywood Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
Ladywood Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 08960294. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention, modified by the revaluation of investment properties to current market value.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Fair value at 1 April 2024
1,850,000
At 31 March 2025
1,850,000
Investment properties are initially recorded at cost, and revalued annually to fair market values. Movements in fair value are recorded in the income statement. The historical cost of the properties as at 31 March 2024 is £1,462,000 (2023: £1,462,000).
Ladywood Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
31,447
36,330
Accrued income and prepayments
-
1,892
Other debtors
38,177
3,177
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Taxes and social security
-
454
Other creditors
167,255
132,253
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,432,187
1,467,668
8
Transactions with related parties
Included in other creditors is an amount of £80,349 (2024: £62,849) owed to Rainbow Trade Ltd and £79,753 (2024: £62,253) owed to TDSL Investments Ltd. Both these companies are associated to Ladywood Properties Ltd by virtue of common control.
Included in other debtors is an amount of £35,000 (2024: nil) owed by RT Estates, a company associated by common management.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).