REGISTERED NUMBER: 11386334 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

LMD PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L M Dodgson

REGISTERED OFFICE:

13 Pendeen Road

Sheffield

S11 7EN

REGISTERED NUMBER:

11386334 (England and Wales)

ACCOUNTANTS:

Hodgson & Oldfield

Aizlewood's Mill

Nursery Street

Sheffield

S3 8GG

FIXED ASSETS

Tangible assets

4

5,734

6,367

Investment property

5

534,000

534,000

539,734

540,367

CURRENT ASSETS

Debtors

6

200

200

Cash at bank

17,493

6,014

17,693

6,214

CREDITORS

Amounts falling due within one year

7

255,026

241,866

NET CURRENT LIABILITIES

(237,333

)

(235,652

)

TOTAL ASSETS LESS CURRENT LIABILITIES

302,401

304,715

CREDITORS

Amounts falling due after more than one year

8

(269,374

)

(281,366

)

PROVISIONS FOR LIABILITIES

(3,225

)

(3,225

)

NET ASSETS

29,802

20,124

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

10

13,749

13,749

Retained earnings

16,052

6,374

29,802

20,124

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 May 2026 and were signed by:

L M Dodgson - Director

1.	STATUTORY INFORMATION

LMD Property 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.

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

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 each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

Investment property

In accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 " The Financial Reporting Standard applicable in the UK and Republic of Ireland " investment properties are included at fair value and the aggregate surplus or deficit after taxation is transferred to a fair value reserve. The Director considers that this accounting policy results in the financial statements giving a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise been shown cannot be separately identified or quantified.

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 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

10,196

DEPRECIATION

At 1 June 2024

3,829

Charge for year

633

At 31 May 2025

4,462

NET BOOK VALUE

At 31 May 2025

5,734

At 31 May 2024

6,367

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

534,000

NET BOOK VALUE

At 31 May 2025

534,000

At 31 May 2024

534,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2022

7,974

Valuation in 2023

9,000

Cost

517,026

534,000

If investment property had not been revalued it would have been included at the following historical cost:

31.5.25

31.5.24

£

£

Cost

517,026

517,026

Investment property was valued on an open market basis on 31 May 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

200

200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

11,848

11,428

Taxation and social security

2,430

1,628

Other creditors

240,748

228,810

255,026

241,866

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

269,374

281,366

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

221,983

235,653

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank loans

281,222

292,794

The company's lenders have registered charges by way of mortgage deeds over the investment property.

10.

RESERVES

Fair

value

reserve

£

At 1 June 2024

and 31 May 2025

13,749

11.	ULTIMATE CONTROLLING PARTY

The controlling party is L M Dodgson.