REGISTERED NUMBER: 11422951 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2026

for

Lindley Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Lindley

Mrs A Lindley

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

11422951 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

800

1,399

Investment property

5

1,425,000

1,345,000

1,425,800

1,346,399

CURRENT ASSETS

Debtors

6

857

686

Cash at bank

2,796

9,159

3,653

9,845

CREDITORS

Amounts falling due within one year

7

310,712

317,307

NET CURRENT LIABILITIES

(307,059

)

(307,462

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,118,741

1,038,937

CREDITORS

Amounts falling due after more than one year

8

(619,994

)

(620,261

)

PROVISIONS FOR LIABILITIES

(97,013

)

(77,070

)

NET ASSETS

401,734

341,606

CAPITAL AND RESERVES

Called up share capital

12

1,100

1,100

Share premium

13

184,537

184,537

Fair value reserve

13

290,357

230,413

Retained earnings

13

(74,260

)

(74,444

)

SHAREHOLDERS' FUNDS

401,734

341,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 3rd June 2026 and were signed on its behalf by:

Mrs A Lindley - Director

1.	STATUTORY INFORMATION

Lindley 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.

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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, which are described in note 2, the director is required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the financial period in which the estimate is revised if the revision affects only that financial period, or in the financial period of the revision and future financial periods if the revision affects both current and future financial periods.

Turnover

Turnover represents rental income receivable from investment properties during the year.

Rental income is recognised on a straight-line basis over the period of the tenancy to which it relates.

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

33.33% on cost

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.

Cash & cash equivalents

Cash and cash equivalents consist solely of the balance held in the company's bank current account. Cash is defined as cash on hand and demand deposits, while cash equivalents are short term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. The company does not hold any short term investments and does not operate an overdraft facility.

Functional and presentation currency

The financial statements are presented in £ sterling, which is the company's functional and presentation currency.

Going concern

The company is reliant on the support of its director and shareholders and having made appropriate enquiries, the director has considered the future cashflow of the company and is not aware of any reason why the company will not be able to meet its liabilities as they fall due for the foreseeable future. As a result the director has continued to adopt the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2025

and 31st March 2026

1,799

DEPRECIATION

At 1st April 2025

400

Charge for year

599

At 31st March 2026

999

NET BOOK VALUE

At 31st March 2026

800

At 31st March 2025

1,399

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

1,345,000

Revaluations

80,000

At 31st March 2026

1,425,000

NET BOOK VALUE

At 31st March 2026

1,425,000

At 31st March 2025

1,345,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2019

46,287

Valuation in 2021

114,875

Valuation in 2022

30,000

Valuation in 2023

45,000

Valuation in 2024

35,000

Valuation in 2025

36,055

Valuation in 2026

80,000

Cost

1,037,783

1,425,000

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

31.3.26

31.3.25

£

£

Cost

1,037,783

1,037,783

Investment properties were valued on an open market basis on 31st March 2026 by the directors of the company .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Prepayments

857

686

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Tax

178

4,959

Social security and other taxes

39

-

Directors' current accounts

307,303

309,306

Accrued expenses

3,192

3,042

310,712

317,307

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans more 5 yrs non-inst

619,994

620,261

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

619,994

620,261

9.	LEASING AGREEMENTS

The company had no operating lease commitments at the balance sheet date.

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

619,994

620,261

11.	FINANCIAL INSTRUMENTS

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument. Trade debtors, other debtors, cash and bank balances are initially measured at transaction price. They are subsequently measured at amortised cost, using the effective interest method, except where amounts fall due within one year, in which case they remain at the transaction price as discounting is not required for short term balances

Where payment terms extend beyond normal business terms, or the arrangement includes a financing element, the financial asset is measured at the present value of future cash flows, discounted at a market rate of interest.

Trade creditors, loans and accruals are initially recognised at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction, in which case liabilities are measured at the present value of future payments discounted at a market rate of interest.

Financial assets measured at cost or amortised cost are assessed for impairment at the reporting date. Any impairment loss is recognised in the profit and loss account. Reversals of impairment are recognised immediately when the estimated recoverable amount increases, provided the revised carrying value does not exceed the original carrying amount had no impairment occurred.

Financial assets and financial liabilities are only offset when the company has a legally enforceable right to set off the recognised amounts and intends to settle on a net basis or to realise the asset and settle the liability simultaneously.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

550

Ordinary A

£1

550

550

550

Ordinary B

£1

550

550

1,100

1,100

13.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1st April 2025

(74,444

)

184,537

230,413

340,506

Profit for the year

60,128

60,128

Assets revalued in period

(59,944

)

-

59,944

-

At 31st March 2026

(74,260

)

184,537

290,357

400,634

14.	CONTINGENT LIABILITIES

There were no contingent liabilities or capital commitments at the balance sheet date.

15.	RELATED PARTY DISCLOSURES

The company has a director's loan account with Guy and Amanda Lindley, who are also a controlling party of the company. The balance is unsecured, interest free and repayable on demand. No guarantees have been given in respect of this balance.

The balance of the directors loan is as follows:

2026: £307,303 owed to the directors at the yearend 31/03/2026.

2025: £309,306 owed to the directors at the yearend 31/03/2025.

16.	POST BALANCE SHEET EVENTS

There have been no events after the balance sheet date affecting the Company since the financial period.