REGISTERED NUMBER: 12084050 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

LILLY AUSTIN PROPERTY DEVELOPMENT LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr W A Davies

Mrs S M Speed-Davies

REGISTERED OFFICE:

4 Gilliards Croft

Kings Bromley

Burton-On-Trent

Staffordshire

DE13 7HX

REGISTERED NUMBER:

12084050 (England and Wales)

ACCOUNTANTS:

Brookes Stephens

New Media House

Davidson Road

Lichfield

Staffordshire

WS14 9DZ

Fixed assets

Investment property

5

-

410,000

Current assets

Debtors

6

404,903

1,359

Cash at bank

21,169

12,925

426,072

14,284

Creditors

Amounts falling due within one year

7

382,555

372,065

Net current assets/(liabilities)

43,517

(357,781

)

Total assets less current liabilities

43,517

52,219

Provisions for liabilities

-

7,699

Net assets

43,517

44,520

Capital and reserves

Called up share capital

8

10

10

Non distributable reserve

9

-

32,824

Retained earnings

43,507

11,686

Shareholders' funds

43,517

44,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 22 April 2026 and were signed on its behalf by:

Mrs S M Speed-Davies - Director

1.	STATUTORY INFORMATION

Lilly Austin Property Development Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

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

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

410,000

Additions

1,960

Disposals

(411,960

)

At 31 July 2025

-

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

410,000

The company's investment property, 17 Corbar Road, Stockport, SK2 6EP was sold during the year for £410,000. The fair value adjustments in prior years held in the non-distributable reserve were transferred to the profit and loss reserve at the date of sale.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,050

Other debtors

404,903

309

404,903

1,359

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

7,654

169

Other creditors

374,901

371,896

382,555

372,065

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10

Ordinary

£1

10

10

9.

RESERVES

Non

distributable

reserve

£

At 1 August 2024

32,824

Fair value adjustment

(32,824

)

At 31 July 2025

-

10.	RELATED PARTY DISCLOSURES

At the year end, the company owed the directors £370,314 (2024: £370,516). This loan is interest free and repayable on demand.