Company No: 10407925 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	36,035		50,278
Tangible assets	4	65,836		116,536
		101,871		166,814
Current assets
Debtors	5	426,332		23,675
Cash at bank and in hand		494,078		787,759
		920,410		811,434
Creditors: amounts falling due within one year	6	( 200,742)		( 126,983)
Net current assets		719,668		684,451
Total assets less current liabilities		821,539		851,265
Net assets		821,539		851,265
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		821,439		851,165
Total shareholders' funds		821,539		851,265

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Luxury and Prestige Realty Limited (registered number: 10407925) were approved and authorised for issue by the Director on 09 June 2026. They were signed on its behalf by:

S Isaacs 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

Luxury and Prestige Realty Limited (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 Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include 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 is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

3 - 5 years straight line

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 on a straight-line, reducing balance basis over its expected useful life, as follows:

Vehicles	20 % reducing balance
Fixtures and fittings	20 % reducing balance
Office equipment	4 years straight line
Computer equipment	4 years straight line

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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	7		8

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 April 2025	79,502		79,502
At 31 March 2026	79,502		79,502
Accumulated amortisation
At 01 April 2025	29,224		29,224
Charge for the financial year	14,243		14,243
At 31 March 2026	43,467		43,467
Net book value
At 31 March 2026	36,035		36,035
At 31 March 2025	50,278		50,278

4. Tangible assets

	Vehicles		Fixtures and fittings		Office equipment		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	84,583		37,665		12,687		65,556		200,491
Additions	0		3,759		965		3,757		8,481
Disposals	( 40,333)		0		0		0		( 40,333)
At 31 March 2026	44,250		41,424		13,652		69,313		168,639
Accumulated depreciation
At 01 April 2025	11,650		24,485		12,092		35,728		83,955
Charge for the financial year	13,409		2,890		549		12,899		29,747
Disposals	( 10,899)		0		0		0		( 10,899)
At 31 March 2026	14,160		27,375		12,641		48,627		102,803
Net book value
At 31 March 2026	30,090		14,049		1,011		20,686		65,836
At 31 March 2025	72,933		13,180		595		29,828		116,536

5. Debtors

	2026		2025
	£		£
Amounts owed by Group undertakings	405,000		0
Other debtors	21,332		23,675
	426,332		23,675

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Taxation and social security	170,237		81,480
Other creditors	30,505		45,503
	200,742		126,983

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
80 Ordinary shares of £ 1.00 each	80		80
20 Ordinary B shares of £ 1.00 each	20		20
	100		100

8. Ultimate controlling party

Parent Company:

Luxury and Prestige Holdings Ltd