ACCOUNTS - Final Accounts preparation

Registered number: 13762687

L.T.S. PROPERTIES (NORFOLK) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2025

L.T.S. PROPERTIES (NORFOLK) LIMITED

COMPANY INFORMATION

Director	Thomas Benjamin Leaney


Registered number	13762687


Registered office	7 The Close
	Norwich
	Norfolk
	NR1 4DJ


Accountants	MA Partners LLP
	Chartered Accountants
	7 The Close
	Norwich
	Norfolk
	NR1 4DJ

L.T.S. PROPERTIES (NORFOLK) LIMITED

CONTENTS

	Page
Accountants' Report	1
Balance Sheet	2 - 3
Notes to the Financial Statements	4 - 7

L.T.S. PROPERTIES (NORFOLK) LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF L.T.S. PROPERTIES (NORFOLK) LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of L.T.S. Properties (Norfolk) Limited for the year ended 30 September 2025 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of L.T.S. Properties (Norfolk) Limited in accordance with the terms of our engagement letter dated June 2025. Our work has been undertaken solely to prepare for your approval the financial statements of L.T.S. Properties (Norfolk) Limited and state those matters that we have agreed to state to the director of L.T.S. Properties (Norfolk) Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than L.T.S. Properties (Norfolk) Limited and its director for our work or for this report.

It is your duty to ensure that L.T.S. Properties (Norfolk) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of L.T.S. Properties (Norfolk) Limited. You consider that L.T.S. Properties (Norfolk) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of L.T.S. Properties (Norfolk) 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.

MA Partners LLP

Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ

22 April 2026

Page 1

L.T.S. PROPERTIES (NORFOLK) LIMITED

REGISTERED NUMBER: 13762687

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	3,954		5,418
Cash at bank and in hand		2,047		1,936
		6,001		7,354
Creditors: amounts falling due within one year	5	(8,460)		(9,566)
Net current liabilities			(2,459)		(2,212)
Total assets less current liabilities			(2,459)		(2,212)

Net liabilities			(2,459)		(2,212)

Capital and reserves
Share capital	6	10	10
Profit and loss account		(2,469)	(2,222)
		(2,459)	(2,212)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 April 2026.

Thomas Benjamin Leaney

Director

The notes on pages 4 to 7 form part of these financial statements.

Page 2

L.T.S. PROPERTIES (NORFOLK) LIMITED

REGISTERED NUMBER: 13762687

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2025

Page 3

L.T.S. PROPERTIES (NORFOLK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

L.T.S Properties (Norfolk) Limited is a private company, limited by shares, incorporated and domiciled in England. The registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ.

The Company's principal activity is that of property rental.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Going concern

Although the balance sheet shows a deficit at the year end, the director believes the company is a going concern based on of his continued support.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

L.T.S. PROPERTIES (NORFOLK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Page 5

L.T.S. PROPERTIES (NORFOLK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Debtors

					2025	2024
					£	£


Other debtors	3,640	3,640
Prepayments and accrued income	314	1,778
	3,954	5,418

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Payments received on account	733	733
Trade creditors	326	1,820
Other creditors	6,633	6,321
Accruals and deferred income	768	692
	8,460	9,566

Page 6

L.T.S. PROPERTIES (NORFOLK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

6.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

10 (2024 - 10) Ordinary shares of £1.00 each	10	10

7.	Related party transactions
	The company has a loan of £5,500 from Digital Network Solutions Limited, a company in which the director is also a director. The loan was still outstanding at the year end and is included within other creditors.

Page 7