L.T.C. Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02104362 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

L.T.C. Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S S Bansal

S K Bansal

REGISTERED OFFICE:

19 Knighton Grange Road

Oadby

Leicester

Leicestershire

LE2 2LF

REGISTERED NUMBER:

02104362 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

2,471

2,833

Investment property

5

3,023,094

3,025,565

3,025,927

CURRENT ASSETS

Debtors

6

103,022

422,995

Cash at bank and in hand

67,876

35,781

170,898

458,776

CREDITORS

Amounts falling due within one year

7

(159,602

)

(76,152

)

NET CURRENT ASSETS

11,296

382,624

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,036,861

3,408,551

PROVISIONS FOR LIABILITIES

(39,160

)

(39,251

)

NET ASSETS

2,997,701

3,369,300

CAPITAL AND RESERVES

Called up share capital

10,000

Fair value reserve

461,457

Retained earnings

2,526,244

2,897,843

2,997,701

3,369,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by:

S S Bansal - Director

1.	STATUTORY INFORMATION

L.T.C. Investments 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.

These financial statements for the year ended 31 December 2025 are the first that are prepared in accordance with FRS Section 102 section 1A. The previous financial statements were prepared in accordance with FRS 105. The date of transition to FRS 102 Section 1A is 01 January 2024.

Investment properties have been restated at fair value.

Deferred tax has been provided on accelerated capital allowances and other timing differences, where appropriate.

The transition to FRS 102 Section 1A had the following effect on the financial statements:

- Retained earnings as at 31 December 2024 decreased by £708

- Retained earnings as at 01 January 2024 decreased by £641

- Fair value reserves as at 31 December 2024 increased by £461,457

- Fair value reserves as at 01 January 2024 increased by £461,457

- The profit for the year ended 31 December 2024 decreased by £67

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rental income is recognised on a receivable basis during the year, exclusive of Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33.3% on reducing balance

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.

Investment property is included at fair value. Gains are recognised in the statement of income and retained earnings. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The gains on investment properties are transferred to the non-distributable fair value reserve.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 January 2025

34,997

7,494

3,149

45,640

Additions

-

479

At 31 December 2025

34,997

7,494

3,628

46,119

DEPRECIATION

At 1 January 2025

34,015

6,807

1,985

42,807

Charge for year

196

103

542

841

At 31 December 2025

34,211

6,910

2,527

43,648

NET BOOK VALUE

At 31 December 2025

786

584

1,101

2,471

At 31 December 2024

982

687

1,164

2,833

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

3,023,094

NET BOOK VALUE

At 31 December 2025

3,023,094

At 31 December 2024

3,023,094

The directors considers the fair value of investment properties at the year-end to be £3,023,094 (2024: £3,023,094). Valuations of investment properties have been made on an open market value for existing use basis.

Fair value at 31 December 2025 is represented by:

£

Valuation in 2023

500,000

Cost

2,523,094

3,023,094

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

-

2,301

Other debtors

103,022

420,694

103,022

422,995

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Taxation and social security

41,540

14,512

Other creditors

118,062

61,640

159,602

76,152

Other creditors include accruals and deferred income of £40,300 (2024: £13,925).

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

S S Bansal

Balance outstanding at start of year

-

Amounts advanced

29,385

-

Amounts repaid

(29,385

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

The loan was repayable on demand and interest had been charged at HMRC's official rate.