Lawrence Miller Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07102296 (England and Wales)

LAWRENCE MILLER PROPERTIES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W J Harris

R O Pritchard

REGISTERED OFFICE:

Lakeside House

Lakeside Court

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3GA

REGISTERED NUMBER:

07102296 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

211

378

Investment property

5

450,000

450,211

450,378

CURRENT ASSETS

Debtors

6

24,731

16,500

Cash at bank

682

7,634

25,413

24,134

CREDITORS

Amounts falling due within one year

7

249,956

246,990

NET CURRENT LIABILITIES

(224,543

)

(222,856

)

TOTAL ASSETS LESS CURRENT LIABILITIES

225,668

227,522

CREDITORS

Amounts falling due after more than one
year

8

(63,262

)

(86,209

)

PROVISIONS FOR LIABILITIES

(31,058

)

(31,100

)

NET ASSETS

131,348

110,213

CAPITAL AND RESERVES

Called up share capital

9

1

Fair value reserve

10

93,017

Retained earnings

38,330

17,195

SHAREHOLDERS' FUNDS

131,348

110,213

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th July 2026 and were signed on its behalf by:

W J Harris - Director

1.	STATUTORY INFORMATION

Lawrence Miller 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 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.

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

-

20% on cost

Computer equipment

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the fair value reserve, in other comprehensive income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1st April 2025

and 31st March 2026

10,546

435

10,981

DEPRECIATION

At 1st April 2025

10,168

435

10,603

Charge for year

167

-

167

At 31st March 2026

10,335

435

10,770

NET BOOK VALUE

At 31st March 2026

211

-

211

At 31st March 2025

378

-

378

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

and 31st March 2026

450,000

NET BOOK VALUE

At 31st March 2026

450,000

At 31st March 2025

450,000

The valuation of investment properties were made as at 3 March 2010 by Lambert Smith Hampton, on an open market basis.

On an historical cost basis these would have been included at an original cost of £325,978.

Fair value at 31st March 2026 is represented by:

£

Valuation in 2017

24,022

Valuation in 2025

100,000

Cost

325,978

450,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

18,043

16,500

Other debtors

1,688

-

Directors' current accounts

5,000

-

24,731

16,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

23,569

22,595

Trade creditors

1,582

5,211

Corporation Tax

14,114

10,085

VAT

2,146

973

Lawrence Miller & Co Limited

122,614

122,349

Other creditors

1,833

Directors' current accounts

81,746

Accrued expenses

2,352

2,198

249,956

246,990

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Mortgage - 1-2 years

20,969

20,038

Mortgage - 2-5 years

41,604

61,930

NatWest BBL

689

4,241

63,262

86,209

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

1

Ordinary

£1

1

10.

RESERVES

Fair

value

reserve

£

At 1st April 2025

and 31st March 2026

93,017

11.	RELATED PARTY DISCLOSURES

The company had an outstanding directors loan account at the year end due from W J Harris of £5,000 (2025 - £Nil).