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Registration number: 16260252

180615 Ltd
Unaudited Financial Statements
for the Year Ended 28 February 2026

180615 Ltd

(Registration number: 16260252)
Balance Sheet as at 28 February 2026

| Note | 2026 £
Fixed assets |  |
Investment property | 3 | 894,936
Current assets |  |
Debtors | 4 | 914
Creditors: Amounts falling due within one year | 5 | (914,509)
Net current liabilities |  | (913,595)
Net liabilities |  | (18,659)
Capital and reserves |  |
Called up share capital |  | 1
Retained earnings |  | (18,660)
Shareholders' deficit |  | (18,659)

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 14 April 2026

.........................................

N J B Smith

Director

180615 Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | Accounting policies

Statutory information

180615 Ltd is a private company, limited by shares, domiciled in England and Wales, company number 16260252. The registered office is at Pegasus House, 463a Glossop Road, Sheffield, S10 2QD.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

The accounts have been prepared under the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Turnover comprises the fair value of the consideration received for the provision of services in the ordinary course of the companys activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

180615 Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0.

3 | Investment properties

| 2026 £
Additions | 894,936
At 28 February 2026 | 894,936

The investment properties were revalued on 28 February 2026 by the directors who are internal to the company. The basis of the valuation was exisiting use basis. This class of assets has a current value of £894,936 and has a historical cost of £894,936. The depreciation on this historical cost is £Nil.

4 | Debtors

| 2026 £
Prepayments | 913
Other debtors | 1
| 914

5 | Creditors

| 2026 £
Due within one year |
Amounts owed to related undertakings | 912,109
Accruals | 2,400
| 914,509

6 | Related party transactions

During the year the company owed balances of £51,226 to Daleside Estates Limited and £860,883 to Daniel Lambert Limited. The loans are interest free.