LILLY PAD HOMES LTD


Directors	BALL, Andrew
	BALL, Anita Marie


Registered Address	9 Newton On The Moor
	Morpeth
	NE65 9JY


Registered Number	12947272 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	4		332,000		320,000
			332,000		320,000
Current assets
Debtors		1,782		1,785
Cash at bank and on hand		2,694		10,024
		4,476		11,809
Creditors amounts falling due within one year		(1,270)		(1,270)
Net current assets (liabilities)			3,206		10,539
Total assets less current liabilities			335,206		330,539
Creditors amounts falling due after one year			(317,995)		(319,747)
Provisions for liabilities			(5,451)		(3,171)
Net assets			11,760		7,621
Capital and reserves
Called up share capital			100		100
Profit and loss account			11,660		7,521
Shareholders' funds			11,760		7,621

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 18 June 2026, and are signed on its behalf by:

BALL, Anita Marie
Director
Registered Company No. 12947272

LILLY PAD HOMES LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover represents rent receivable from residential tenants.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investments
	Investments in property are shown at most recent valuation. Property investments are measured at fair value and any changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Deferred tax
	As the fair value movement is recognised in the profit or loss account, the deferred tax on the remeasurement of the investment property is also recognised in the profit or loss account.

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 November 24	320,000
	Revaluations	12,000
	At 31 October 25	332,000
	Net book value
	At 31 October 25	332,000
	At 31 October 24	320,000