Company No: 08522800 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	Sheona Hughes (Appointed 14 October 2024)
	Simon Hughes
	George Hughes (Resigned 01 November 2024)

REGISTERED OFFICE	Nuralite House Nuralite Industrial Centre
	Canal Road
	Higham
	Rochester
	ME3 7JA
	United Kingdom

COMPANY NUMBER

08522800 (England and Wales)

ACCOUNTANT	Burgess Hodgson Limited
	Camburgh House
	27 New Dover Road
	Canterbury
	Kent
	CT1 3DN

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	680,722		544,064
		680,722		544,064
Current assets
Debtors	5	1,104,464		574,340
Cash at bank and in hand		439,641		499,699
		1,544,105		1,074,039
Creditors: amounts falling due within one year	6	( 1,157,652)		( 1,225,784)
Net current assets/(liabilities)		386,453		(151,745)
Total assets less current liabilities		1,067,175		392,319
Provision for liabilities		( 40,307)		( 6,026)
Net assets		1,026,868		386,293
Capital and reserves
Called-up share capital		100		100
Revaluation reserve		775		775
Profit and loss account		1,025,993		385,418
Total shareholder's funds		1,026,868		386,293

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of LEJ Properties Ltd (registered number: 08522800) were approved and authorised for issue by the Board of Directors on 27 February 2026. They were signed on its behalf by:

Simon Hughes Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

LEJ Properties Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Nuralite House Nuralite Industrial Centre, Canal Road, Higham, Rochester, ME3 7JA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises revenue recognised by the company in respect of rental income, net of Value Added Tax where applicable.

Taxation

Current tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Investment property	not depreciated
Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance
Computer equipment	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

	2025		2024
	Number		Number
The average number of persons employed by the company during the year amounted to:	2		3

4. Tangible assets

	Investment property		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 June 2024	517,379		62,060		6,000		1,708		0		587,147
Additions	0		157,569		0		0		333		157,902
Disposals	0		( 4,500)		0		( 208)		0		( 4,708)
At 31 May 2025	517,379		215,129		6,000		1,500		333		740,341
Accumulated depreciation
At 01 June 2024	0		38,092		3,401		1,590		0		43,083
Charge for the financial year	0		18,908		650		14		69		19,641
Disposals	0		( 2,958)		0		( 147)		0		( 3,105)
At 31 May 2025	0		54,042		4,051		1,457		69		59,619
Net book value
At 31 May 2025	517,379		161,087		1,949		43		264		680,722
At 31 May 2024	517,379		23,968		2,599		118		0		544,064

5. Debtors

	2025		2024
	£		£
Trade debtors	90,765		46,831
Other debtors	1,013,699		527,509
	1,104,464		574,340

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	161,226		253,228
Taxation and social security	99,588		96,644
Other creditors	896,838		875,912
	1,157,652		1,225,784

The company has a fixed charge over it's investment property from Mr D Lee.

7. Related party transactions

Transactions with entities in which the entity itself has a participating interest

	2025		2024
	£		£
At the year end, a group company owed the company:	335,000		335,000

Transactions with the entity's directors

	2025		2024
	£		£
At the year end, the Directors owed the company:	2,693		0

Advances

During the year, advances of £10,000 (2024: £nil) were made to the Directors and repayments of £7,307 (2024: £nil) were made by the directors.

8. Ultimate controlling party

The company’s immediate and ultimate parent company at the balance sheet date is HDS Property Management Limited, a company incorporated in England and Wales. HDS Property Management Limited Limited’s registered address is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.