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Company Registration No. 14290343 (England and Wales)
Longwood Properties Ltd Unaudited accounts for the year ended 30 September 2025
Longwood Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Longwood Properties Ltd Company Information for the year ended 30 September 2025
Director
Craig Grobety
Company Number
14290343 (England and Wales)
Registered Office
16 Longwood View Crawley RH10 6PB England
Accountants
Nicola Grobety (MAAT) Longwood Business Support Ltd 16 Longwood View Crawley West Sussex RH10 6PB
- 3 -
Longwood Properties Ltd Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
8,698 
3,154 
Investment property
5
1,416,902 
912,728 
1,425,600 
915,882 
Current assets
Debtors
6
23,099 
17,205 
Cash at bank and in hand
79,012 
81,050 
102,111 
98,255 
Creditors: amounts falling due within one year
7
(729,887)
(202,473)
Net current liabilities
(627,776)
(104,218)
Total assets less current liabilities
797,824 
811,664 
Creditors: amounts falling due after more than one year
8
(221,681)
(218,225)
Net assets
576,143 
593,439 
Capital and reserves
Called up share capital
674,200 
674,200 
Profit and loss account
(98,057)
(80,761)
Shareholders' funds
576,143 
593,439 
For the year ending 30 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 June 2025 and were signed on its behalf by
Craig Grobety Director Company Registration No. 14290343
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Longwood Properties Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Longwood Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14290343. The registered office is 16 Longwood View, Crawley, RH10 6PB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line over 2 years
Fixtures & fittings
Straight Line over 3 years
Pension costs
The company is exempt from pension auto-enrolment by reason that the business is comprised of one director. The company recognises that it will be required to opt-in to pension enrolment in the event that any employees are recruited.
Investment property
Investment property is land and buildings held to earn rental income or for capital appreciation. It is initially measured at cost. This includes purchase price and directly attributable expenditure. After initial recognition, investment properties are measured at fair value. Changes in fair value are recognised in the profit and loss account. No depreciation is provided on investment property.
- 5 -
Longwood Properties Ltd Notes to the Accounts for the year ended 30 September 2025
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where transactions or events have resulted in an obligation to pay more tax in the future or a right to pay less tax in the future. A deferred tax asset is recognised only when it is regarded as more likely than not that there will be suitable future taxable profits against which the deferred tax asset can be recovered. Deferred tax is measured using tax rates that have been enacted or substantively enacted by the balance sheet date and is not discounted. Deferred tax is recognised on the revaluation of investment properties, even when there is no intention to sell the property. The associated deferred tax is calculated based on the difference between the carrying amount of the property and its tax base, using the applicable tax rate. The deferred tax impact is recognised in the profit and loss account, in line with the treatment of the underlying fair value movement.
Prior Period Adjustment
During the financial year, the directors identified that a property had been incorrectly classified within Tangible Fixed Assets (Land and Buildings) in prior periods, despite meeting the definition of an Investment Property under FRS 102 Section 16. To correct this error, a prior period adjustment has been made to retrospectively reclassify the asset and restate the comparative figures.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
320 
4,412 
4,732 
Additions
- 
10,592 
10,592 
At 30 September 2025
320 
15,004 
15,324 
Depreciation
At 1 October 2024
107 
1,471 
1,578 
Charge for the year
107 
4,941 
5,048 
At 30 September 2025
214 
6,412 
6,626 
Net book value
At 30 September 2025
106 
8,592 
8,698 
At 30 September 2024
213 
2,941 
3,154 
5
Investment property
2025 
£ 
Fair value at 1 October 2024
912,728 
Additions
504,174 
At 30 September 2025
1,416,902 
- 6 -
Longwood Properties Ltd Notes to the Accounts for the year ended 30 September 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
13,640 
14,660 
Accrued income and prepayments
9,459 
2,545 
23,099 
17,205 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
128,036 
- 
Trade creditors
1,064 
2,034 
Amounts owed to group undertakings and other participating interests
600,787 
200,439 
729,887 
202,473 
Included within bank loans is £9,719 (2024: £0) representing the current portion of the commercial mortgage repayable within 12 months. Also included is a commercial bridging loan of £118,317 (2024: £Nil). This bridging loan is secured by a second fixed charge over the property at 3 Orchard Gardens, Bristol, BS15 9UA, carries interest at 0.85% per month, and is due for full repayment on 22nd December 2025.
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
221,681 
218,225 
This balance of £221,681 (2024: £218,225) is the portion of the commercial mortgage repayable over 12 months.
9
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
(13,640)
599 
Revaluation of land and buildings
- 
(15,259)
(13,640)
(14,660)
2025 
2024 
£ 
£ 
Provision at start of year
(14,660)
- 
Charged/(credited) to the profit and loss account
1,020 
(14,660)
Provision at end of year
(13,640)
(14,660)
- 7 -
Longwood Properties Ltd Notes to the Accounts for the year ended 30 September 2025
10
Transactions with related parties
At the balance sheet date, the company owed the following amounts to fellow group undertakings: £500,000 (2024: £Nil) owed to The Construction Governance Group Ltd ,a company controlled by the sole director of this company £100,000 (2024: £75,000) owed to Longwood Business Support Ltd, a fellow subsidiary undertaking The loans are unsecured, interest-free, and repayable on demand.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 8 -