Lymer's Property Rentals Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13692814

Lymer's Property Rentals Ltd

Filleted Unaudited Abridged Financial Statements

31 October 2025

Lymer's Property Rentals Ltd

Abridged Financial Statements

Year Ended 31 October 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Lymer's Property Rentals Ltd

Abridged Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	5	1,363	1,704
Investments	6	533,607	529,107
		---------	---------
		534,970	530,811

Current Assets

Debtors	289	289
Cash at bank and in hand	4,117	10,237
	-------	--------
	4,406	10,526

Creditors: amounts falling due within one year	286,744		304,696
	---------		---------
Net Current Liabilities		282,338	294,170
		---------	---------
Total Assets Less Current Liabilities		252,632	236,641

Creditors: amounts falling due after more than one year	255,237	242,392
	---------	---------
Net Liabilities	( 2,605)	( 5,751)
	---------	---------

Capital and Reserves

Called up share capital	8	1	1
Profit and loss account		( 2,606)	( 5,752)
		-------	-------
Shareholders Deficit		( 2,605)	( 5,751)
		-------	-------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Lymer's Property Rentals Ltd

Abridged Statement of Financial Position (continued)

31 October 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 22 July 2026 , and are signed on behalf of the board by:

Mr A M Lymer
Director

Company registration number: 13692814

Lymer's Property Rentals Ltd

Notes to the Abridged Financial Statements

Year Ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Export Drive, Huthwaite, Sutton-in-Ashfield, NG17 6AF.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. All of the members have consented to the preparation of abridged accounts in accordance with Section 444(2A) of the Companies Act 2006.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% reducing balance

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset. Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	£
Cost
At 1 November 2024 and 31 October 2025	2,663
	-------
Depreciation
At 1 November 2024	959
Charge for the year	341
	-------
At 31 October 2025	1,300
	-------
Carrying amount
At 31 October 2025	1,363
	-------
At 31 October 2024	1,704
	-------

6. Investments

	£
Cost
At 1 November 2024	529,107
Additions	4,500
	---------
At 31 October 2025	533,607
	---------
Impairment
At 1 November 2024 and 31 October 2025	–
	---------
Carrying amount
At 31 October 2025	533,607
	---------
At 31 October 2024	529,107
	---------

7. Secured liabilities

The aggregate amount of secured liabilities secured on the assets of the company at the year end were £255,230 (2024: £255,230). The assets are secured by charges held by Paragon Bank PLC dated 28 June 2022 and The Mortgage Works (UK) PLC dated 05 June 2025.

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

9. Directors' advances, credit and guarantees

At the year end the directors loan account was overdrawn by £289, this will be repaid within 9 months.

10. Related party transactions

During the year the company was provided loans from related parties. The balance as at 31 October 2025 was £285,694 (2024: £290,557) in total. The loans are unsecured, interest free and repayable on demand.