REGISTERED NUMBER: 02223169 (England and Wales)

LANEPORT PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Christou

Mr A C Stylianou

SECRETARY:

Mr G Christou

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

02223169 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Investments

4

113,000

113,000

Investment property

5

3,195,000

3,095,000

3,308,000

3,208,000

CURRENT ASSETS

Debtors

6

229,998

219,030

Cash at bank

104,133

70,259

334,131

289,289

CREDITORS

Amounts falling due within one year

7

66,308

83,358

NET CURRENT ASSETS

267,823

205,931

TOTAL ASSETS LESS CURRENT LIABILITIES

3,575,823

3,413,931

CREDITORS

Amounts falling due after more than one year

8

(538,275

)

(566,399

)

PROVISIONS FOR LIABILITIES

10

(265,650

)

(240,650

)

NET ASSETS

2,771,898

2,606,882

CAPITAL AND RESERVES

Called up share capital

11

500

500

Fair value reserve

12

1,335,802

1,260,802

Retained earnings

12

1,435,596

1,345,580

SHAREHOLDERS' FUNDS

2,771,898

2,606,882

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.

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 30 June 2026 and were signed on its behalf by:

Mr G Christou - Director

1.	STATUTORY INFORMATION

Laneport Properties 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.

Turnover

Turnover represents gross rents receivable for the year. Turnover is recognised when rent becomes due under the lease agreement.

Investments in associates

Investments in associate undertakings are recognised at cost less impairments.

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & loss account, 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.

Debtors receivable and creditors payable within one year

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.

Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2025

and 31 March 2026

113,000

NET BOOK VALUE

At 31 March 2026

113,000

At 31 March 2025

113,000

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

3,095,000

Revaluations

100,000

At 31 March 2026

3,195,000

NET BOOK VALUE

At 31 March 2026

3,195,000

At 31 March 2025

3,095,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2016

1,238,609

Valuation in 2017

17,843

Valuation in 2018

50,000

Valuation in 2022

115,000

Valuation in 2024

80,000

Valuation in 2026

100,000

Cost

1,593,548

3,195,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

£

Cost

1,593,548

1,593,548

Investment property was valued on an open market basis on 31 March 2026 by the directors. .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Accrued income

5,434

1,666

Rent deposit to agent

1,800

1,800

Related company

222,764

215,564

229,998

219,030

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

21,474

38,350

Tax

33,536

19,329

Tenants deposit due

1,800

1,800

Shareholders loan

180

3,172

Directors' current accounts

180

2,172

Accruals and deferred income

9,138

18,535

66,308

83,358

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

538,275

-

Bank loans more 5 yr by instal

-

566,399

538,275

566,399

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

566,399

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

559,749

604,749

The directors have given personal guarantees against the secured debt.

10.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

265,650

240,650

Deferred

tax

£

Balance at 1 April 2025

240,650

Provided during year

25,000

Deferred taxation

Balance at 31 March 2026

265,650

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

Value:

£

£

100

Ordinary

£1

100

100

400

"A" Ordinary

£1

400

400

500

500

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2025

1,345,580

1,260,802

2,606,382

Profit for the year

107,216

107,216

Dividends

(17,200

)

(17,200

)

Fair value movement

-

75,000

75,000

At 31 March 2026

1,435,596

1,335,802

2,771,398

13.	ULTIMATE CONTROLLING PARTY

There is no overall control of the company by any one person.