REGISTERED NUMBER: 00746900 (England and Wales)

LONDON COUNTY GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5TH APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Eva Bower

Ruth Katherine Bower

Mark David Bower

Ann Elizabeth Hill

SECRETARY:

Ruth Katherine Bower

REGISTERED OFFICE:

6 Church Row

Hampstead

London

NW3 6UT

REGISTERED NUMBER:

00746900 (England and Wales)

ACCOUNTANTS:

Carston ETL

Chartered Accountants

Second Floor

34 Lime Street

London

EC3M 7AT

FIXED ASSETS

Tangible assets

4

1,111

264

Investments

5

4,098

4,205

Investment property

6

3,913,149

3,913,149

3,918,358

3,917,618

CURRENT ASSETS

Debtors

7

14,641

9,391

Cash at bank

128,412

94,882

143,053

104,273

CREDITORS

Amounts falling due within one year

8

359,212

376,536

NET CURRENT LIABILITIES

(216,159

)

(272,263

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,702,199

3,645,355

PROVISIONS FOR LIABILITIES

505,650

505,677

NET ASSETS

3,196,549

3,139,678

CAPITAL AND RESERVES

Called up share capital

9

1

1

Other reserves

2,049,612

2,050,218

Retained earnings

1,146,936

1,089,459

SHAREHOLDERS' FUNDS

3,196,549

3,139,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 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 Statement of Income and Retained Earnings has not been delivered.

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

Eva Bower - Director

Mark David Bower - Director

Ruth Katherine Bower - Director

Ann Elizabeth Hill - Director

1.	STATUTORY INFORMATION

London County Group 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 (£).

The significant accounting policies applied in the presentation of the financial statements are set out below and have been consistently applied to all years unless otherwise stated.

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 represents rental income receivable 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.

Computer equipment

-

10% straight line on cost

Listed investments

Listed investments held as fixed assets are stated at their fair value as at the balance sheet date. Any adjustment to their fair value is recognised in the Income Statement.

Dividend income is accounted for when received or at the point when the Company is entitled to receive the

dividend.

Investment properties

Properties classified as investment properties are those what are held for long-term rental yields or for capital appreciation.

Investment properties are initially measured at cost. After initial recognition, investment properties are carried at their fair value. Any adjustment to the fair value of the investment properties is recognised in the Income Statement for the year.

In accordance with FRS 102 no depreciation is provided in respect of freehold properties held as investments.

This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The directors consider that this policy results in the financial statements giving a true and fair view

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Financial instruments

Trade and other debtors/creditors

Trade and other debtors are recognised initially at transaction prices less attributable transaction costs. Subsequent to initial recognition, they are measured at transaction price less any impairment losses. Trade and other creditors are recognised at transaction price plus attributable transaction costs.

Cash and cash equivalents

Cash and cash equivalents comprise of cash balances and deposits.

Other reserves

Other reserve is a non-distributable reserve and represents the net balance of adjustment to the fair value of the investment properties and the related deferred tax provision.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6th April 2025

1,320

Additions

1,049

At 5th April 2026

2,369

DEPRECIATION

At 6th April 2025

1,056

Charge for year

202

At 5th April 2026

1,258

NET BOOK VALUE

At 5th April 2026

1,111

At 5th April 2025

264

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 6th April 2025

4,205

Revaluations

(107

)

At 5th April 2026

4,098

NET BOOK VALUE

At 5th April 2026

4,098

At 5th April 2025

4,205

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6th April 2025

and 5th April 2026

3,913,149

NET BOOK VALUE

At 5th April 2026

3,913,149

At 5th April 2025

3,913,149

Fair value at 5th April 2026 is represented by:

£

Valuation in 2002

1,763,836

Valuation in 2003

221,454

Valuation in 2010

250,000

Valuation in 2017

416,791

Valuation in 2020

(100,127

)

Cost

1,361,195

3,913,149

Investment properties are carried at their fair value, based on market value. Any adjustment to the fair value of the investment properties is recognised in the Income Statement for the year.

The unrealised fair value adjustment and its related deferred tax provision are shown within "Other reserves" in the Balance Sheet.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

14,641

9,391

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

43,701

41,272

Other creditors

315,511

335,264

359,212

376,536

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

3

Ordinary

£0.10

1

1