REGISTERED NUMBER: 12711323 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SELSBY PROPERTY 2 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTORS:

G Halkyard

A Halkyard

REGISTERED OFFICE:

10 Brache Close

Rebourn

St Albans

Hertfordshire

AL3 7HX

REGISTERED NUMBER:

12711323 (England and Wales)

ACCOUNTANTS:

LBCA Ltd

1 Waterside

Station Road

Harpenden

Hertfordshire

AL5 4US

FIXED ASSETS

Tangible assets

4

3,623

9,616

Investment property

5

407,044

407,044

410,667

416,660

CURRENT ASSETS

Debtors

6

47

64

Cash at bank and in hand

4,852

3,085

4,899

3,149

CREDITORS

Amounts falling due within one year

7

149,199

143,040

NET CURRENT LIABILITIES

(144,300

)

(139,891

)

TOTAL ASSETS LESS CURRENT LIABILITIES

266,367

276,769

CREDITORS

Amounts falling due after more than one year

8

(263,909

)

(263,348

)

PROVISIONS FOR LIABILITIES

(9,081

)

(9,990

)

NET (LIABILITIES)/ASSETS

(6,623

)

3,431

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(6,625

)

3,429

(6,623

)

3,431

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by:

G Halkyard - Director

1.	STATUTORY INFORMATION

Selsby Property 2 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.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 September 2024

25,500

Additions

509

At 31 August 2025

26,009

DEPRECIATION

At 1 September 2024

15,884

Charge for year

6,502

At 31 August 2025

22,386

NET BOOK VALUE

At 31 August 2025

3,623

At 31 August 2024

9,616

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

407,044

NET BOOK VALUE

At 31 August 2025

407,044

At 31 August 2024

407,044

Fair value at 31 August 2025 is represented by:

£

Valuation in 2024

45,000

Cost

362,044

407,044

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

47

64

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

149,199

143,040

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

263,909

263,348

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

263,909

262,430

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other Loans

263,909

262,430

The bank has a fixed charge and floating charge.

10.	RELATED PARTY DISCLOSURES

Within other creditors is an amount of £NIL owed to a director (2023: £3,934).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2025 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

LBCA Ltd

1 Waterside

Station Road

Harpenden

Hertfordshire

AL5 4US

26 May 2026