REGISTERED NUMBER: 07843545 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

LEXHAM ESTATES (UK) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M Lipschutz

REGISTERED OFFICE:

52b Clapton Common

Stamford Hill

London

E5 9AL

REGISTERED NUMBER:

07843545 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

1,704,856

1,477,081

CURRENT ASSETS

Debtors

5

574,680

337,237

Cash at bank

11,835

50,594

586,515

387,831

CREDITORS

Amounts falling due within one year

6

(783,591

)

(829,020

)

NET CURRENT LIABILITIES

(197,076

)

(441,189

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,507,780

1,035,892

CREDITORS

Amounts falling due after more than one year

7

(454,500

)

(13,500

)

PROVISIONS FOR LIABILITIES

(7,757

)

(7,757

)

NET ASSETS

1,045,523

1,014,635

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

10

382,270

382,270

Fair value reserve

10

40,826

40,826

Retained earnings

10

622,327

591,439

SHAREHOLDERS' FUNDS

1,045,523

1,014,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 June 2026 and were signed by:

M Lipschutz - Director

1.	STATUTORY INFORMATION

Lexham Estates (UK) 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 represents net rent receivable, excluding value added tax.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2024 - NIL ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

1,477,081

Additions

227,775

At 30 November 2025

1,704,856

NET BOOK VALUE

At 30 November 2025

1,704,856

At 30 November 2024

1,477,081

Fair value at 30 November 2025 is represented by:

£

Valuation in 2017

382,270

Valuation in 2020

40,825

Cost

1,281,761

1,704,856

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

5,977

-

Other debtors

568,703

337,237

574,680

337,237

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Tax

45,376

44,079

Social security and other taxes

402

-

Other creditors

736,373

782,421

Accrued expenses

1,440

2,520

783,591

829,020

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 1-2 years

450,000

-

Bank loans - 2-5 years

4,500

13,500

454,500

13,500

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

454,500

13,500

Under the bank loan, £4,500 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

Retained

Revaluation

value

earnings

reserve

reserve

Totals

£

£

£

£

At 1 December 2024

591,439

382,270

40,826

1,014,535

Profit for the year

30,888

30,888

At 30 November 2025

622,327

382,270

40,826

1,045,423

11.	ULTIMATE CONTROLLING PARTY

The controlling party is M Lipschutz.