BrightAccountsProduction v1.0.0 v1.0.0 2024-05-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Letting and operating of own or leased real estate 27 January 2026 2 2 13286037 2025-04-27 13286037 2024-04-30 13286037 2023-04-30 13286037 2024-05-01 2025-04-27 13286037 2023-05-01 2024-04-30 13286037 uk-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-27 13286037 uk-curr:PoundSterling 2024-05-01 2025-04-27 13286037 uk-bus:AbridgedAccounts 2024-05-01 2025-04-27 13286037 uk-core:ShareCapital 2025-04-27 13286037 uk-core:ShareCapital 2024-04-30 13286037 uk-core:RetainedEarningsAccumulatedLosses 2025-04-27 13286037 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 13286037 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-04-27 13286037 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 13286037 uk-bus:FRS102 2024-05-01 2025-04-27 13286037 uk-core:WithinOneYear 2025-04-27 13286037 uk-core:WithinOneYear 2024-04-30 13286037 uk-core:WithinOneYear 2025-04-27 13286037 uk-core:WithinOneYear 2024-04-30 13286037 uk-core:AfterOneYear 2025-04-27 13286037 uk-core:AfterOneYear 2024-04-30 13286037 uk-bus:OrdinaryShareClass1 2024-05-01 2025-04-27 13286037 uk-bus:OrdinaryShareClass1 2025-04-27 13286037 2024-05-01 2025-04-27 13286037 uk-bus:Director1 2024-05-01 2025-04-27 13286037 uk-bus:Director2 2024-05-01 2025-04-27 13286037 uk-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-27 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 13286037

Libertas Proprietas Ltd

Abridged Unaudited Financial Statements

for the financial period ended 27 April 2025

Libertas Proprietas Ltd

DIRECTORS' REPORT

for the financial period ended 27 April 2025

The directors present their report and the unaudited financial statements for the financial period ended 27 April 2025.

Directors

The directors who served during the financial period are as follows:

Mr Thomas Appleton

Mr Garrett Peers

There were no changes in shareholdings between 27 April 2025 and the date of signing the financial statements.

In accordance with the Constitution, the directors retire by rotation and, being eligible, offer themselves for re-election.

Political Contributions

The company did not make any disclosable political donations in the current financial period.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and apply them consistently;
- | make judgements and accounting estimates that are reasonable and prudent;
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________ | ___________________________
Mr Thomas Appleton | Mr Garrett Peers
Director | Director
27 January 2026 | 27 January 2026

Libertas Proprietas Ltd

ABRIDGED PROFIT AND LOSS ACCOUNT

for the financial period ended 27 April 2025

|  | 2025 |  | 2024
| Notes | £ |  | £

Gross profit |  | 121,461 |  | 69,145
Administrative expenses |  | (65,939) |  | (3,440)
|  | ───────── |  | ─────────
Operating profit |  | 55,522 |  | 65,705
Other gains and losses | 4 | 255,788 |  | -
Interest payable and similar charges |  | (59,121) |  | (102,534)
|  | ───────── |  | ─────────
Profit/(loss) on ordinary activities before taxation |  | 252,189 |  | (36,829)
Tax on profit/(loss) on ordinary activities |  | (48,600) |  | 6,129
|  | ───────── |  | ─────────
Profit/(loss) for the financial period |  | 203,589 |  | (30,700)
|  | ───────── |  | ─────────
Total comprehensive income |  | 203,589 |  | (30,700)
|  | ═════════ |  | ═════════

Libertas Proprietas Ltd

Company Registration Number: 13286037

ABRIDGED BALANCE SHEET

as at 27 April 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 6 | 2,709,956 |  | 1,653,783
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  |  | 4,407 |  | 9,289
Cash and cash equivalents |  |  | 1,843 |  | 13,676
|  |  | ───────── |  | ─────────
|  |  | 6,250 |  | 22,965
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 7 | (1,906,551) |  | (1,119,996)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (1,900,301) |  | (1,097,031)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 809,655 |  | 556,752
Creditors:

amounts falling due after more than one year |  | 8 | (637,301) |  | (636,587)
Provisions for liabilities |  |  | (73,628) |  | (25,028)
|  |  | ───────── |  | ─────────
Net Assets/(Liabilities) |  |  | 98,726 |  | (104,863)
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  | 9 | 20 |  | 20
Retained earnings |  |  | 98,706 |  | (104,883)
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 98,726 |  | (104,863)
|  |  | ═════════ |  | ═════════
The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

For the financial period ended 27 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.

Approved by the Board and authorised for issue on 27 January 2026 and signed on its behalf by

________________________________ |  |  | ________________________________
Mr Thomas Appleton |  |  | Mr Garrett Peers
Director |  |  | Director

Libertas Proprietas Ltd

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial period ended 27 April 2025

1. | General Information
| Libertas Proprietas Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 13286037. The registered office of the company is Flexspace,, Burley Hill Trading Estate, Leeds, England, United Kingdom, LS4 2PU, United Kingdom. Letting and operating of own or leased real estate The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial period ended 27 April 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Period of financial statements
| The financial statements are for the 11 month 27 days period ended 27 April 2025.

4. | Other Gains and Losses | 2025 | 2024
|  | £ | £
| Fair value gains and losses are as follows:
| Tangible assets | 255,788 | -
|  | ═════════ | ═════════

5. | Employees
| The average monthly number of employees, including directors, during the financial period was 2, (2024 - 2).
|  | 2025 | 2024
|  | Number | Number
| Employees | 2 | 2
|  | ═════════ | ═════════

6. | Tangible assets
|  | Investment | Total
|  | properties |
|  | £ | £
| Cost or Valuation
| At 1 May 2024 | 1,653,783 | 1,653,783
| Additions | 800,385 | 800,385
| Revaluation | 255,788 | 255,788
|  | ───────── | ─────────
| At 27 April 2025 | 2,709,956 | 2,709,956
|  | ───────── | ─────────
| Depreciation
| At 1 May 2024 | - | -
|  | ───────── | ─────────
| At 27 April 2025 | - | -
|  | ───────── | ─────────
| Net book value
| At 27 April 2025 | 2,709,956 | 2,709,956
|  | ═════════ | ═════════
| At 30 April 2024 | 1,653,783 | 1,653,783
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank overdrafts | 24,923 | 24,584
| Bank loan | 844,941 | 442,814
| Trade creditors | 34,488 | 41,779
| Amounts owed to connected parties | 989,266 | 606,466
| Other creditors | 10,372 | 2,943
| Accruals | 2,561 | 1,410
|  | ───────── | ─────────
|  | 1,906,551 | 1,119,996
|  | ═════════ | ═════════

8. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Directors' loan accounts | 3,082 | 2,368
| Other loans | 634,219 | 634,219
|  | ───────── | ─────────
|  | 637,301 | 636,587
|  | ═════════ | ═════════

9. | Share capital |  |  | 2025 | 2024
|  |  |  | £ | £
| Description | Number of shares | Value of units |  |
| Allotted, called up and fully paid
| Ordinary | 20 | £1.00 each | 20 | 20
|  |  |  | ═════════ | ═════════

10. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial period-end.