REGISTERED NUMBER: 07567832 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 August 2025

for

LPG Property Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Clements

Mr N A Gray

SECRETARY:

Mr D Clements

REGISTERED OFFICE:

5 Keith Park Road

Uxbridge

Middlesex

UB10 0RQ

REGISTERED NUMBER:

07567832 (England and Wales)

ACCOUNTANTS:

Elliot, Woolfe & Rose Ltd

Devonshire House

582 Honeypot Lane

Stanmore

Middlesex

HA7 1JS

FIXED ASSETS

Tangible assets

4

885,576

885,719

CURRENT ASSETS

Cash at bank

7,691

47,331

CREDITORS

Amounts falling due within one year

5

(290,340

)

(311,215

)

NET CURRENT LIABILITIES

(282,649

)

(263,884

)

TOTAL ASSETS LESS CURRENT LIABILITIES

602,927

621,835

PROVISIONS FOR LIABILITIES

(84,846

)

(84,882

)

NET ASSETS

518,081

536,953

CAPITAL AND RESERVES

Called up share capital

200

200

Revaluation reserve

6

514,068

514,068

Retained earnings

3,813

22,685

518,081

536,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 28 May 2026 and were signed on its behalf by:

Mr D Clements - Director

1.	STATUTORY INFORMATION

LPG Property Services 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 each asset over its estimated useful life.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 30 August 2024

and 29 August 2025

885,000

13,074

898,074

DEPRECIATION

At 30 August 2024

-

12,355

12,355

Charge for year

-

143

143

At 29 August 2025

-

12,498

12,498

NET BOOK VALUE

At 29 August 2025

885,000

576

885,576

At 29 August 2024

885,000

719

885,719

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.8.25

29.8.24

£

£

Bank loans and overdrafts

-

14,876

Taxation and social security

39,668

41,139

Other creditors

250,672

255,200

290,340

311,215

6.

RESERVES

Revaluation

reserve

£

At 30 August 2024

and 29 August 2025

514,068

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2024 - £4,000) were paid to the directors.

As at the year end date, the directors D Cleanest and N Gray, had a credit balance of £245,521 (2024: £250,582) on their director's current account, this is an interest free loan to the company and is shown within other creditors due within one year.