Company registration number: 12749035
Annual report and unaudited financial statements
for the year ended 31 July 2025
for
Lye Properties Limited
Pages for filing with the Registrar
Lye Properties Limited
Chartered Certified Accountants' Report to the Director for the preparation of the
unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lye Properties Limited for the year ended 31 July 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
As a member firm of the Association of Chartered Certified Accountants (ACCA), we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.
This report is made solely to the Director of Lye Properties Limited, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Lye Properties Limited and state those matters that we have agreed to state to them in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lye Properties Limited and its Director for our work, or for this report.
It is your duty to ensure that Lye Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Lye Properties Limited. You consider that Lye Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lye Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Argon & Krypton Consulting
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ
United Kingdom
Date: 23 April 2026
1
Company registration number: 12749035
Lye Properties Limited
Balance sheet
as at 31 July 2025
2025 2024
£ £ £ £
Current assets
Cash at bank and in hand 1,008 316
1,008 316
Creditors: amounts falling due within one
year 		(791) (966)
Net current assets/(liabilities) 217 (650)
Creditors: Amounts falling due after more
than one year 		(18,007) -
NET LIABILITIES (17,790) (650)
Capital and reserves
Called up share capital 100 100
Other reserves 6,473 6,473
Profit and loss account (24,363) (7,223)
TOTAL EQUITY (17,790) (650)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
2
Company registration number: 12749035
Lye Properties Limited
Balance sheet - continued
as at 31 July 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr H Okusaga, Director
23 April 2026
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Lye Properties Limited
Notes to the financial statements
for the year ended 31 July 2025
1 Company information
Lye Properties Limited is a private company registered in England and Wales. Its registered number is 12749035. The company is limited by shares. Its registered office is 27 Westfield Park Drive, Woodford, Essex, IG8 8FD.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
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