Lb Asset 1 Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 16228765

		31 December 2025
	Notes	£	£
FIXED ASSETS
Investment Properties	4		122,247

			122,247
CURRENT ASSETS
Cash at bank and in hand		371

		371
Creditors: Amounts Falling Due Within One Year	5	(70,528 )

NET CURRENT ASSETS (LIABILITIES)			(70,157 )

TOTAL ASSETS LESS CURRENT LIABILITIES			52,090

Creditors: Amounts Falling Due After More Than One Year	6		(64,330 )

NET LIABILITIES			(12,240 )

CAPITAL AND RESERVES
Called up share capital	7		100
Profit and Loss Account			(12,340 )

SHAREHOLDERS' FUNDS			(12,240)

Page 1

Page 2

Lb Asset 1 Limited

Balance Sheet (continued)

As At 31 December 2025

For the period ending 31 December 2025 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Cecilia Hong Lye Tan Director	William Teck Hui Wong Director
10/05/2026

The notes on page 3 form part of these financial statements.

1. General Information

Lb Asset 1 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16228765 . The registered office is C/O Getground, 1 Lyric Square, London, W6 0NB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Investment Property

	31 December 2025
	£
Fair Value
As at 4 February 2025	-
Additions	122,247

As at 31 December 2025	122,247

5. Creditors: Amounts Falling Due Within One Year

	31 December 2025
	£
Amounts owed to parent undertaking - Leasebank Holdings Limited	70,528

6. Creditors: Amounts Falling Due After More Than One Year

	31 December 2025
	£
Bank loans	64,330

7. Share Capital

	31 December 2025
	£
Allotted, Called up and fully paid	100