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Company Registration No. 01868977 (England and Wales)
LANDEX (PROPERTIES) LIMITED Unaudited accounts for the year ended 31 December 2025
LANDEX (PROPERTIES) LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
126,798
133,010
Investment property
5
565,000
565,000
691,798
698,010
Current assets
Inventories
3,000
4,000
Debtors
6
6,646
13,588
Investments
7
50,000
55,000
Cash at bank and in hand
200,562
172,309
260,208
244,897
Creditors: amounts falling due within one year
8
(39,957)
(41,241)
Net current assets
220,251
203,656
Total assets less current liabilities
912,049
901,666
Provisions for liabilities
Deferred tax
(27,700)
(27,700)
Net assets
884,349
873,966
Capital and reserves
Called up share capital
9
15
15
Profit and loss account
884,334
873,951
Shareholders' funds
884,349
873,966
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by
S HANN Director Company Registration No. 01868977
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LANDEX (PROPERTIES) LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
LANDEX (PROPERTIES) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01868977. The registered office is Fourth Avenue, Westfield Trading Estate, Midsomer Norton, BA3 4XE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Plant & machinery
15% reducing balance
Motor vehicles
7 years straight line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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LANDEX (PROPERTIES) LIMITED Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
154,829
97,779
22,990
275,598
At 31 December 2025
154,829
97,779
22,990
275,598
Depreciation
At 1 January 2025
41,800
90,933
9,855
142,588
Charge for the year
1,900
1,027
3,285
6,212
At 31 December 2025
43,700
91,960
13,140
148,800
Net book value
At 31 December 2025
111,129
5,819
9,850
126,798
At 31 December 2024
113,029
6,846
13,135
133,010
5
Investment property
2025
£
Fair value at 1 January 2025
565,000
At 31 December 2025
565,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
6,646
13,588
7
Investments held as current assets
2025
2024
£
£
Unlisted investments
50,000
55,000
8
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,456
1,690
Trade creditors
2,698
3,241
Taxes and social security
4,400
407
Loans from directors
30,453
34,953
Accruals
950
950
39,957
41,241
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
15 Ordinary shares of £1 each
15
15
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LANDEX (PROPERTIES) LIMITED Notes to the Accounts for the year ended 31 December 2025
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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