REGISTERED NUMBER: 08181339 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

LAVENDER PROPERTY SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R L Record

C M Wain

REGISTERED OFFICE:

3rd Floor

21 Perrymount Road

Haywards Heath

West Sussex

RH16 3TP

REGISTERED NUMBER:

08181339 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

87,711

72,129

Investments

5

15,000

15,000

Investment property

6

12,118,524

11,567,682

12,221,235

11,654,811

CURRENT ASSETS

Debtors

7

135,351

137,828

Cash at bank

382,523

379,822

517,874

517,650

CREDITORS

Amounts falling due within one year

8

286,161

453,419

NET CURRENT ASSETS

231,713

64,231

TOTAL ASSETS LESS CURRENT LIABILITIES

12,452,948

11,719,042

CREDITORS

Amounts falling due after more than one year

9

(7,638,398

)

(6,775,842

)

PROVISIONS FOR LIABILITIES

10

(949,888

)

(964,224

)

NET ASSETS

3,864,662

3,978,976

CAPITAL AND RESERVES

Called up share capital

196

196

Fair value reserve

3,143,817

3,200,114

Retained earnings

720,649

778,666

3,864,662

3,978,976

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 24 June 2026 and were signed on its behalf by:

R L Record - Director

1.	STATUTORY INFORMATION

Lavender 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings - 25% on cost

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property

Investment property, which is property held to earn rentals and/or capital appreciation, is initially recognised at cost, which includes purchase cost and directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss and then transferred to a fair value reserve.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 February 2025

188,956

Additions

52,171

Disposals

(2,785

)

At 31 January 2026

238,342

DEPRECIATION

At 1 February 2025

116,827

Charge for year

36,384

Eliminated on disposal

(2,580

)

At 31 January 2026

150,631

NET BOOK VALUE

At 31 January 2026

87,711

At 31 January 2025

72,129

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

and 31 January 2026

15,000

NET BOOK VALUE

At 31 January 2026

15,000

At 31 January 2025

15,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

11,567,682

Additions

626,102

Revaluations

(75,260

)

At 31 January 2026

12,118,524

NET BOOK VALUE

At 31 January 2026

12,118,524

At 31 January 2025

11,567,682

Fair value at 31 January 2026 is represented by:

£

Valuation in 2016

156,186

Valuation in 2017

161,873

Valuation in 2018

378,467

Valuation in 2019

(2,417

)

Valuation in 2020

283,011

Valuation in 2021

188,550

Valuation in 2022

922,539

Valuation in 2023

8,297

Valuation in 2024

358,349

Valuation in 2025

1,755,625

Valuation in 2026

(73,383

)

Cost

7,981,427

12,118,524

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

2026

2025

£

£

Cost

7,981,427

7,357,202

The investment properties were valued on an open market basis on 31 January 2026 by the directors.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

10

56,590

Directors' current accounts

39,530

-

Tax

-

16,214

Prepayments and accrued income

95,811

65,024

135,351

137,828

The amounts due from the directors are repayable on demand. Interest has been charged at a rate of 3.75%.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,167

9,988

Trade creditors

1,062

-

Other creditors

229,700

380,622

Directors' current accounts

-

23,394

Accruals and deferred income

51,232

39,415

286,161

453,419

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

7,638,398

6,775,842

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

949,888

964,224

Deferred

tax

£

Balance at 1 February 2025

964,224

Movement in year

(14,336

)

Balance at 31 January 2026

949,888

11.	RELATED PARTY DISCLOSURES

During the year, the company paid £80,000 to and was repaid £96,580 due from Toplets Property Services Limited, a company controlled by Mr R Record. At the year end, the outstanding balance is nil.

During the year, the company was repaid £40,000 due from Pluris Developments Limited, a company controlled by Mr C Wain. At the year end, the outstanding balance is nil.

12.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

7,638,398

6,771,622

Mortgage providers hold fixed and floating charges over specific investment property and current and future property and assets of the company.