C & E Lewis (Properties) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00817475 (England and Wales)

C & E LEWIS (PROPERTIES) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D L Partridge

M C Lewis

SECRETARY:

D L Partridge

REGISTERED OFFICE:

Gelli Fawr Farm

Henllys

Cwmbran

Torfaen

NP44 7AT

REGISTERED NUMBER:

00817475 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

2,488,631

1,478,266

CURRENT ASSETS

Debtors

5

9,950

10,366

CREDITORS

Amounts falling due within one year

6

21,650

26,709

NET CURRENT LIABILITIES

(11,700

)

(16,343

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,476,931

1,461,923

CREDITORS

Amounts falling due after more than one
year

7

(480,011

)

(480,011

)

PROVISIONS FOR LIABILITIES

(192,610

)

(811

)

NET ASSETS

1,804,310

981,101

CAPITAL AND RESERVES

Called up share capital

8

1,000

Revaluation reserve

9

1,597,543

779,358

Retained earnings

205,767

200,743

SHAREHOLDERS' FUNDS

1,804,310

981,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th May 2026 and were signed on its behalf by:

M C Lewis - Director

D L Partridge - Director

1.	STATUTORY INFORMATION

C & E Lewis (Properties) 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 as modified by the revaluation of certain assets.

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 the cost less estimated residual value of each asset over its estimated useful life.

Motor vehicles - 15% on reducing balance

Equipment - 15% on reducing balance

Freehold property has applied the revaluations model from 01/04/2025.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

vehicles

Equipment

Totals

£

COST OR VALUATION

At 1st April 2025

1,473,995

10,000

9,477

1,493,472

Additions

900

-

900

Revaluations

1,010,105

-

1,010,105

At 31st March 2026

2,485,000

10,000

9,477

2,504,477

DEPRECIATION

At 1st April 2025

-

6,795

8,411

15,206

Charge for year

-

481

159

640

At 31st March 2026

-

7,276

8,570

15,846

NET BOOK VALUE

At 31st March 2026

2,485,000

2,724

907

2,488,631

At 31st March 2025

1,473,995

3,205

1,066

1,478,266

Cost or valuation at 31st March 2026 is represented by:

Freehold

Motor

property

vehicles

Equipment

Totals

£

Valuation in 2026

1,010,105

-

1,010,105

Cost

1,474,895

10,000

9,477

1,494,372

2,485,000

10,000

9,477

2,504,477

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

8,020

8,630

Prepayments and accrued income

1,930

1,736

9,950

10,366

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

8,907

9,786

Trade creditors

1,100

3,477

Corporation Tax

2,473

4,403

Rent in hand

1,226

Accruals and deferred income

7,944

7,817

21,650

26,709

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Directors loan account

480,011

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

1,000

Ordinary

£1

1,000

9.

RESERVES

Revaluation

reserve

£

At 1st April 2025

779,358

Revaluation

1,010,105

Deferred tax

(191,920

)

At 31st March 2026

1,597,543