IRIS Accounts Production v25.3.0.601 08020919 Board of Directors 1.5.24 30.4.25 30.4.25 false true false false true false Fair value model Ordinary share 1.00000 Ordinary share 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08020919 2024-04-30 08020919 2025-04-30 08020919 2024-05-01 2025-04-30 08020919 2023-04-30 08020919 2023-05-01 2024-04-30 08020919 2024-04-30 08020919 ns15:EnglandWales 2024-05-01 2025-04-30 08020919 ns14:PoundSterling 2024-05-01 2025-04-30 08020919 ns10:Director1 2024-05-01 2025-04-30 08020919 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08020919 ns10:SmallEntities 2024-05-01 2025-04-30 08020919 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 08020919 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 08020919 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 08020919 ns10:FullAccounts 2024-05-01 2025-04-30 08020919 ns10:OrdinaryShareClass1 2024-05-01 2025-04-30 08020919 ns5:CurrentFinancialInstruments 2025-04-30 08020919 ns5:CurrentFinancialInstruments 2024-04-30 08020919 ns5:Non-currentFinancialInstruments 2025-04-30 08020919 ns5:Non-currentFinancialInstruments 2024-04-30 08020919 ns5:ShareCapital 2025-04-30 08020919 ns5:ShareCapital 2024-04-30 08020919 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 08020919 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 08020919 ns5:MotorVehicles 2024-04-30 08020919 ns5:ComputerEquipment 2024-04-30 08020919 ns5:MotorVehicles 2024-05-01 2025-04-30 08020919 ns5:ComputerEquipment 2024-05-01 2025-04-30 08020919 ns5:MotorVehicles 2025-04-30 08020919 ns5:ComputerEquipment 2025-04-30 08020919 ns5:MotorVehicles 2024-04-30 08020919 ns5:ComputerEquipment 2024-04-30 08020919 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 08020919 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30 08020919 ns5:Non-currentFinancialInstruments 2024-05-01 2025-04-30 08020919 ns10:OrdinaryShareClass1 2025-04-30 08020919 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 08020919 ns5:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30

REGISTERED NUMBER: 08020919 (England and Wales)

| LALYS PORTFOLIO LTD |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 APRIL 2025 |

| LALYS PORTFOLIO LTD (REGISTERED NUMBER: 08020919) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

| Page |

| Statement of Financial Position | 1 |  | to |  | 2

| Notes to the Financial Statements | 3 |  | to |  | 6

| LALYS PORTFOLIO LTD (REGISTERED NUMBER: 08020919) |

STATEMENT OF FINANCIAL POSITION

30 APRIL 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 27,595 |  | 34,495 |  |

Investment property | 5 | 2,550,000 |  | 2,550,000 |  |

2,577,595 |  | 2,584,495 |  |

CURRENT ASSETS

Debtors | 6 | 537 |  | 2,208 |  |

Cash at bank and in hand | 32,614 |  | 10,986 |  |

33,151 |  | 13,194 |  |

CREDITORS

Amounts falling due within one year | 7 | (939,756 | ) | (931,597 | ) |

NET CURRENT LIABILITIES | (906,605 | ) | (918,403 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,670,990 |  | 1,666,092 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (897,636 | ) | (917,951 | ) |

PROVISIONS FOR LIABILITIES | (167,094 | ) | (168,822 | ) |

NET ASSETS | 606,260 |  | 579,319 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | 10 | 606,160 |  | 579,219 |  |

SHAREHOLDERS' FUNDS | 606,260 |  | 579,319 |  |

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 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.

| LALYS PORTFOLIO LTD (REGISTERED NUMBER: 08020919) |

STATEMENT OF FINANCIAL POSITION - continued

30 APRIL 2025

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 15 January 2026 and were signed on its behalf by:

I S Laly - Director

| LALYS PORTFOLIO LTD (REGISTERED NUMBER: 08020919) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1. | STATUTORY INFORMATION

| Lalys Portfolio Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 08020919 and registered office address is 15 Heath Ridge Green, Cobham, England, KT11 2QL.

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 provision 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 Freehold properties.

| Turnover

| Turnover represents amounts receivable from commercial and residential lettings.

| Tangible fixed assets

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

| Computer Equipment - 20% on reducing balance

| Motor Vehicle - 20% 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

| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded,or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.Debtors and creditors that fall due within one year are recorded in the financial statements at transaction price and then subsequently measured at amortised cost. If the effects of the time value of money are immaterial, they are measured at cost (less impairment for trade debtors). Debtors are reviewed for impairment at each reporting date and any impairments are recorded within profit or loss and shown within administrative expenses when there is objective evidence that a debtor is impaired. Objective evidence that a debtor is impaired arises when the customer is unable to settle amounts owing to the company or the customer becomes bankrupt.

| Debtors do not carry interest and are stated at their nominal value.Trade creditors are not interest-bearing and are stated at their nominal value.Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.ayments.

| LALYS PORTFOLIO LTD (REGISTERED NUMBER: 08020919) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

| Deferred tax

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods and is recognised in respect of all timing differences; although with certain exceptions. Timing differences are differences between taxable profit and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recoverable against the reversal of deferred tax liabilities or other future taxable profits.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on investment property (and other non-depreciable tangible fixed assets) is measured using the tax rates and allowances which will apply to the sale of the asset.Amounts of current and deferred tax are generally recognised in profit or loss, except when they relate to items which are recognised in other comprehensive income or directly in equity and in such cases the amounts are also recognised in other comprehensive income or equity as the case may be.

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 May 2024

| and 30 April 2025 | 53,604 |  | 574 |  | 54,178 |  |

| DEPRECIATION

| At 1 May 2024 | 19,297 |  | 386 |  | 19,683 |  |

| Charge for year | 6,862 |  | 38 |  | 6,900 |  |

| At 30 April 2025 | 26,159 |  | 424 |  | 26,583 |  |

| NET BOOK VALUE

| At 30 April 2025 | 27,445 |  | 150 |  | 27,595 |  |

| At 30 April 2024 | 34,307 |  | 188 |  | 34,495 |  |

| LALYS PORTFOLIO LTD (REGISTERED NUMBER: 08020919) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 May 2024

| and 30 April 2025 | 2,550,000 |  |

| NET BOOK VALUE

| At 30 April 2025 | 2,550,000 |  |

| At 30 April 2024 | 2,550,000 |  |

| Tangible assets includes investment properties of £ 2,550,000 at 30 April 2025. (2024 - £ 2,550,000).

| Cost of investment property £ 1,909,207 (2024 - £ 1,909,207)

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 537 |  | 2,208 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 16,648 |  | 16,299 |  |

| Taxation and social security | 3,228 |  | - |  |

| Other creditors | 919,880 |  | 915,298 |  |

939,756 |  | 931,597 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 868,991 |  | 885,987 |  |

| Hire purchase contracts | 28,645 |  | 31,964 |  |

897,636 |  | 917,951 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| more 5 yr by instal | 817,879 |  | 831,703 |  |

| The loan is secured by a fixed charge over the assets of the company.

| LALYS PORTFOLIO LTD (REGISTERED NUMBER: 08020919) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary share | 1 | 100 |  | 100 |  |

10. | RESERVES

| Retained

| earnings

£ |

| At 1 May 2024 | 579,219 |  |

| Profit for the year | 26,941 |  |

| At 30 April 2025 | 606,160 |  |