REGISTERED NUMBER: 03396782 (England and Wales)

L & R PROPERTY SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R L Boulton

Mrs L A Boulton

SECRETARY:

Mrs L A Boulton

REGISTERED OFFICE:

Avroe House

Avroe Crescent

Blackpool Business Park

Blackpool

Lancashire

FY4 2DP

REGISTERED NUMBER:

03396782 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Avroe House

Avroe Crescent

Blackpool Business Park

Blackpool

Lancashire

FY4 2DP

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

942

1,128

Investment property

6

1,013,213

1,013,213

1,014,155

1,014,341

CURRENT ASSETS

Debtors

1,497

2,391

Cash at bank

29,399

25,924

30,896

28,315

CREDITORS

Amounts falling due within one year

114,860

60,424

NET CURRENT LIABILITIES

(83,964

)

(32,109

)

TOTAL ASSETS LESS CURRENT LIABILITIES

930,191

982,232

CREDITORS

Amounts falling due after more than one year

7

(627,234

)

(626,936

)

PROVISIONS FOR LIABILITIES

(32,264

)

(32,264

)

NET ASSETS

270,693

323,032

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

270,691

323,030

SHAREHOLDERS' FUNDS

270,693

323,032

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

R L Boulton - Director

1.	STATUTORY INFORMATION

L & R Property Services 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.

The financial statements are presented in Sterling (£). Monetary values in these financial statements are rounded to the nearest £.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

10,952

DEPRECIATION

At 1 April 2025

and 31 March 2026

10,952

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2025

1,128

Disposals

(186

)

At 31 March 2026

942

NET BOOK VALUE

At 31 March 2026

942

At 31 March 2025

1,128

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,013,213

NET BOOK VALUE

At 31 March 2026

1,013,213

At 31 March 2025

1,013,213

Fair value at 31 March 2026 is represented by:

£

Valuation in 2015

90,205

Valuation in 2025

110,000

Cost

813,008

1,013,213

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable by instalments

Bank loans more 5 yr by instal

627,234

626,936

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

627,234

626,936

The bank loans are secured by mortgages with fixed and floating charges over the assets of the company.