REGISTERED NUMBER: 00748498 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

London & Sussex Investments Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs I E Martin-Smith

Mr L P Martin-Smith

SECRETARY:

L P Martin-Smith

REGISTERED OFFICE:

Salisbury House

London

EC2M 5SQ

REGISTERED NUMBER:

00748498 (England and Wales)

ACCOUNTANTS:

Pawley & Malyon

Salisbury House

London

EC2M 5SQ

FIXED ASSETS

Property, plant and equipment

4

2,625

3,000

Investment property

5

9,250,000

9,250,000

9,252,625

9,253,000

CURRENT ASSETS

Debtors

6

459

276

Cash at bank and in hand

100,564

107,825

101,023

108,101

CREDITORS

Amounts falling due within one year

7

11,617

97,775

NET CURRENT ASSETS

89,406

10,326

TOTAL ASSETS LESS CURRENT LIABILITIES

9,342,031

9,263,326

PROVISIONS FOR LIABILITIES

2,299,471

1,747,511

NET ASSETS

7,042,560

7,515,815

CAPITAL AND RESERVES

Called up share capital

903

903

Non distributable reserve

6,896,444

7,448,159

Retained earnings

145,213

66,753

SHAREHOLDERS' FUNDS

7,042,560

7,515,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 5 January 2026 and were signed on its behalf by:

Mrs I E Martin-Smith - Director

1.	Statutory information

London & Sussex Investments 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.

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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the amounts receivable for rent.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

12.5% on reducing balance

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.

Financial instruments

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2024 - 2 ) .

4.	Property, plant and equipment

Plant and

machinery

etc

£

Cost

At 6 April 2024

and 5 April 2025

42,954

Depreciation

At 6 April 2024

39,954

Charge for year

375

At 5 April 2025

40,329

Net book value

At 5 April 2025

2,625

At 5 April 2024

3,000

5.	Investment property

Total

£

Fair value

At 6 April 2024

and 5 April 2025

9,250,000

Net book value

At 5 April 2025

9,250,000

At 5 April 2024

9,250,000

Fair value at 5 April 2025 is represented by:

£

Valuation in 2018

4,945,258

Valuation in 2019

2,000,000

Valuation in 2024

2,250,000

Cost

54,742

9,250,000

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

5/4/25

5/4/24

£

£

Cost

54,742

54,742

Investment property was valued on an open market basis on 24 April 2023 by Fenton Associates, Chartered Surveyors .

6.

Debtors: amounts falling due within one year

5/4/25

5/4/24

£

£

Other debtors

459

276

7.

Creditors: amounts falling due within one year

5/4/25

5/4/24

£

£

Taxation and social security

366

366

Other creditors

11,251

97,409

11,617

97,775