Company Registration No. 13168879 (England and Wales)
LBM Property Solutions Limited
Unaudited accounts
for the year ended 28 February 2026
LBM Property Solutions Limited
Unaudited accounts
Contents
LBM Property Solutions Limited
Company Information
for the year ended 28 February 2026
Company Number
13168879 (England and Wales)
Registered Office
19 Colley Avenue
Sheffield
S5 9JR
Accountants
Symmetry Accounting Services Limited
124 Hungerhill Road
Rotherham
South Yorkshire
S61 3NP
LBM Property Solutions Limited
Statement of financial position
as at 28 February 2026
Investment property
118,639
118,639
Cash at bank and in hand
97
292
Creditors: amounts falling due within one year
(8,121)
(32,827)
Net current liabilities
(8,024)
(32,535)
Total assets less current liabilities
110,615
86,104
Creditors: amounts falling due after more than one year
(107,316)
(84,995)
Called up share capital
100
100
Profit and loss account
3,199
1,009
Shareholders' funds
3,299
1,109
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 May 2026 and were signed on its behalf by
Lewis Male
Director
Company Registration No. 13168879
LBM Property Solutions Limited
Notes to the Accounts
for the year ended 28 February 2026
LBM Property Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 13168879. The registered office is 19 Colley Avenue, Sheffield, S5 9JR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 March 2025
118,639
At 28 February 2026
118,639
LBM Property Solutions Limited
Notes to the Accounts
for the year ended 28 February 2026
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
631
237
Loans from directors
7,250
32,350
6
Creditors: amounts falling due after more than one year
2026
2025
The Mortgage Works (UK) Plc has registered a fixed charge with Companies House, in respect of the mortgage facility provided to LBM Property Solutions Limited.
The fixed charge is held over LBM Property Solutions Limited's investment property, being 39 Clement Street, Rotherham, S61 2JT.
As at the year end, the balance on the mortgage account stood at £107,316 (2025: £84,995). The mortgage is provided on an interest only basis.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
A dividend of £500 was credited to the director, for the year ended 28/02/2026 (2025: NIL).
The Company is controlled by the director, Mr L B Male, by virtue of his 100% shareholding.
10
Average number of employees
During the year the average number of employees was 1 (2025: 1).