REGISTERED NUMBER: 04824679 (England and Wales)

LAND MATTERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr V Zarifian

Mrs A Zarifian

REGISTERED OFFICE:

Allt Laes

Peterston Super Ely

Dinas Powys

Vale of Glamorgan

CF5 6NE

REGISTERED NUMBER:

04824679 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

2,659

3,546

Investments

5

1,791,965

1,791,965

1,794,624

1,795,511

CURRENT ASSETS

Stocks

50,000

250,000

Debtors

6

2,964,025

2,858,381

Cash at bank

6,902,688

5,241,528

9,916,713

8,349,909

CREDITORS

Amounts falling due within one year

7

754,445

104,522

NET CURRENT ASSETS

9,162,268

8,245,387

TOTAL ASSETS LESS CURRENT LIABILITIES

10,956,892

10,040,898

CAPITAL AND RESERVES

Called up share capital

120

120

Share premium

1,783,025

1,783,025

Retained earnings

9,173,747

8,257,753

SHAREHOLDERS' FUNDS

10,956,892

10,040,898

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th April 2026 and were signed on its behalf by:

Mrs A Zarifian - Director

Mr V Zarifian - Director

1.	STATUTORY INFORMATION

Land Matters Limited 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.

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% straight line on cost

Motor vehicles

-

25% straight line on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st August 2024

5,977

2,500

8,477

Disposals

(589

)

-

(589

)

At 31st July 2025

5,388

2,500

7,888

DEPRECIATION

At 1st August 2024

2,450

2,481

4,931

Charge for year

883

5

888

Eliminated on disposal

(590

)

-

(590

)

At 31st July 2025

2,743

2,486

5,229

NET BOOK VALUE

At 31st July 2025

2,645

14

2,659

At 31st July 2024

3,527

19

3,546

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st August 2024

and 31st July 2025

1,791,965

NET BOOK VALUE

At 31st July 2025

1,791,965

At 31st July 2024

1,791,965

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,964,025

2,858,381

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

750,365

100,622

Other creditors

4,080

3,900

754,445

104,522

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to associates and a director subsisted during the years ended 31st July 2025 and 31st July 2024:

2025

2024

£

£

Mr V Zarifian

Balance outstanding at start of year

2,463,123

(81

)

Amounts advanced

392,923

2,658,404

Amounts repaid

(320,000

)

(195,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,536,046

2,463,123

Dividends totalling £320,000 (2024 - £195,200) were paid in the year in respect of shares held by the company's directors.