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Registered number: 02932481
Lilytrend Properties Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Jacob Charles & Co.
Lilytrend Properties Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Abridged Financial Statements | 2—3

Page 1
Lilytrend Properties Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 02932481

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 1,432,489 |  | 1,832,699 |
Debtors | 5 | 851,673 |  | 854,493 |
Investments | 6 | 100 |  | 100 |
Cash at bank and in hand |  | 118,230 |  | 39,501 |
|  | 2,402,492 |  | 2,726,793 |
Creditors: Amounts Falling Due Within One Year | 7 | (620,505 ) |  | (1,641,367 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,781,987 |  | 1,085,426
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,781,987 |  | 1,085,426
NET ASSETS |  |  | 1,781,987 |  | 1,085,426
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Profit and Loss Account |  |  | 1,781,985 |  | 1,085,424
SHAREHOLDERS' FUNDS |  |  | 1,781,987 |  | 1,085,426

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 director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mrs Deirdre Usiskin Director
25/02/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Lilytrend Properties Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 March 2025
Notes to the Abridged Financial Statements
1. General Information
Lilytrend Properties Limited Registered number 02932481 is a limited by shares company incorporated in England & Wales. The Registered Office is 33 Manor House Drive, Brondesbury Park, London, NW6 7DE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the gross proceeds from sales of properties, less direct selling expenses.
2.3. Stocks and Work in Progress
Stocks are valued by the directors, at the lower of cost and net realisable value. Cost
is calculated as the cost of properties together with the cost of initial refurbishment work.
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock of properties | 1,432,489 |  | 1,832,699

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | - |  | 2,820
Amounts owed by subsidiaries | 851,673 |  | 851,673
| 851,673 |  | 854,493

Page 2
Page 3
Lilytrend Properties Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 March 2025
6. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Shares in subsidiaries | 100 |  | 100

The Company owns the entire issued share capital of Lilytrend Properties (3 Gascony Avenue) Limited, a company incorporated in England & Wales.
The principal activity of the subsidiary company is property investment.
Group financial statements have not been prepared as in the opinion of the directors they would involve expense and delay out of proportion to their benefit for the shareholders.
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 463,872 |  | 555,263
Bank loans and overdrafts | - |  | 1,048,050
Corporation tax | 124,052 |  | 7,784
Other creditors and accruals | 32,581 |  | 30,270
| 620,505 |  | 1,641,367

8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured on the Company's properties:
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1 Ordinary Shares of £ 1.000 each | 1 |  | 1
1 Ordinary A shares of £ 1.000 each | 1 |  | 1
| 2 |  | 2

10. Dividends
11. Controlling Party
The company's controlling party was Mr Stephen Usiskin by virtue of his ownership of 50% of the issued share capital in, and significant influence over the control of, the company.
Page 3