REGISTERED NUMBER: 00392482 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Linton Family (Holdings) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S N L Egerton

Mrs V J Linton

Mr J D Linton

Mr G M Linton

REGISTERED OFFICE:

The Maple Building

39/51 Highgate Road

London

NW5 1RT

REGISTERED NUMBER:

00392482 (England and Wales)

ACCOUNTANTS:

TC Group

First Floor

Spitalfields House

Stirling Way

Borehamwood

Hertfordshire

WD6 2FX

FIXED ASSETS

Tangible assets

4

1,465

-

Investments

5

798

798

Investment property

6

7,546,000

7,150,000

7,548,263

7,150,798

CURRENT ASSETS

Debtors

7

3,676,337

1,376,665

Cash at bank

202,638

260,297

3,878,975

1,636,962

CREDITORS

Amounts falling due within one year

8

(2,715,428

)

(618,842

)

NET CURRENT ASSETS

1,163,547

1,018,120

TOTAL ASSETS LESS CURRENT LIABILITIES

8,711,810

8,168,918

CREDITORS

Amounts falling due after more than one year

9

(2,620,000

)

(2,120,000

)

PROVISIONS FOR LIABILITIES

11

(1,544,538

)

(1,445,538

)

NET ASSETS

4,547,272

4,603,380

CAPITAL AND RESERVES

Called up share capital

12

750

750

Retained earnings

4,546,522

4,602,630

SHAREHOLDERS' FUNDS

4,547,272

4,603,380

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 22 December 2025 and were signed on its behalf by:

Mr J D Linton - Director

1.	STATUTORY INFORMATION

Linton Family (Holdings) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Linton Family (Holdings) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

The following judgements have had the most significant effect on amounts recognised in the financial statements.

Valuation of investment properties

Investment properties are valued annually at fair value. Fair value is ascertained through review of a number of factors and information flows, including market knowledge, recent market movements, historical experience, rent levels and flows of cash for the respective investment property. There is an inevitable degree of judgment involved and value can be only reliably be tested ultimately in the market itself.

Investments

Investments held as non current assets are stated at cost less any provision for impairment. The directors assess the recoverability of investments made and economic benefit of the investments based on market conditions and cash flow estimates.

Turnover

Revenue represents the value of rental income chargeable in respect of the company's investment property.

Revenue is recognised evenly over the period of the rental agreement.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised initially at cost less any impairment.

Investment property

Investment property, which is property held to earn rentals, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value at the reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on these gains at the rate expected to apply if the property is sold at the balance sheet date.

Financial instruments

The company has elected to apply the provisions of Schedule 1A 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.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

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 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

1,758

At 31 March 2025

1,758

DEPRECIATION

Charge for year

293

At 31 March 2025

293

NET BOOK VALUE

At 31 March 2025

1,465

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

798

NET BOOK VALUE

At 31 March 2025

798

At 31 March 2024

798

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

39-51 Highgate Road Development Limited

Registered office: The Maple Building, 39-51 Highgate Road, London NW5 1RT

Nature of business: Property management

%

Class of shares:

holding

Ordinary shares of £1 each

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

19,070

23,570

Loss for the year

(4,500

)

(2,219

)

Cuthbert Street Development Limited

Registered office: The Maple Building, 39-51 Highgate Road, London NW5 1RT

Nature of business: Property management

%

Class of shares:

holding

Ordinary shares of £1 each

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

145,570

134,647

Profit for the year

10,923

9,166

Linton Property Management Limited

Registered office: The Maple Building, 39-51 Highgate Road, London NW5 1RT

Nature of business: Property management

%

Class of shares:

holding

Ordinary shares of £1 each

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

(86,623

)

(83,480

)

Loss for the year

(3,143

)

(5,828

)

Stamford Road Development Limited

Registered office: The Maple Building, 39-51 Highgate Road, London NW5 1RT

Nature of business: Property development

%

Class of shares:

holding

5933706 Ord shares £0.0001

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

132,912

85,197

Profit for the year

47,715

26,336

Associated company

New End 3C LLP

Registered office: The Maple Building, 39-51 Highgate Road, London NW5 1RT

Nature of business: Mezzanine Finance

%

Class of shares:

holding

Member interest

55.38

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

7,150,000

Revaluations

396,000

At 31 March 2025

7,546,000

NET BOOK VALUE

At 31 March 2025

7,546,000

At 31 March 2024

7,150,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

5,784,488

Valuation in 2023

(100,000

)

Valuation in 2024

(300,000

)

Valuation in 2025

396,000

Cost

1,765,512

7,546,000

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

31.3.25

31.3.24

£

£

Cost

1,765,512

1,765,512

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

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

66,923

49,972

Amounts owed by group undertakings

97,980

98,326

Amounts owed by participating interests

3,468,596

1,083,153

Other debtors

42,838

145,214

3,676,337

1,376,665

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

27,583

25,922

Amounts owed to group undertakings

365,223

301,814

Amounts owed to participating interests

2,036,308

-

Taxation and social security

11,254

5,107

Other creditors

275,060

285,999

2,715,428

618,842

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,620,000

2,120,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

2,620,000

2,120,000

Bank loan is secured by way of fixed and floating charge on the property of the company and contains a negative pledge.

11.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

1,544,538

1,445,538

Deferred

tax

£

Balance at 1 April 2024

1,445,538

Provided during year

99,000

Balance at 31 March 2025

1,544,538

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,500

Ordinary

£0.5

750

750

13.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included within debtors falling due within one year is an amount of £3,566,575 (2024: £1,181,479) owed by related companies under common control. The loan was interest free and repayable on demand.

Included within creditors falling due within one year is an amount of £2,401,532 (2024: £301,814) owed to related companies under common control. The loan was interest free and repayable on demand.

14.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Linton Holdings Limited, a company incorporated in England and Wales.

The ultimate controlling party is Mr Jack David Linton, by virtue of his ownership of more than 50% of the voting rights of Linton Holdings Limited.

No consolidated financial statements are prepared at any level of the group.