Landmark Property (Peckham) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08876740 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

LANDMARK PROPERTY (PECKHAM) LIMITED

Page

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

K D Jatania

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

08876740 (England and Wales)

ACCOUNTANTS:

STG Accountants Limited

t/as STERLING

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Landmark Property (Peckham) Limited for the year ended 31 March 2026 which comprise the Statement of Comprehensive Income, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of Landmark Property (Peckham) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Landmark Property (Peckham) Limited and state those matters that we have agreed to state to the director of Landmark Property (Peckham) Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Landmark Property (Peckham) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Landmark Property (Peckham) Limited. You consider that Landmark Property (Peckham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Landmark Property (Peckham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

STG Accountants Limited

t/as STERLING

505 Pinner Road

Harrow

Middlesex

HA2 6EH

28 July 2026

FIXED ASSETS

Investment property

4

1,800,000

CURRENT ASSETS

Debtors

5

837

Cash at bank

55,171

36,445

56,008

37,282

CREDITORS

Amounts falling due within one year

6

310,102

324,842

NET CURRENT LIABILITIES

(254,094

)

(287,560

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,545,906

1,512,440

CREDITORS

Amounts falling due after more than one
year

7

(900,000

)

(900,000

)

PROVISIONS FOR LIABILITIES

(12,175

)

(12,175

)

NET ASSETS

633,731

600,265

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

9

201,061

Retained earnings

9

432,570

399,104

SHAREHOLDERS' FUNDS

633,731

600,265

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 director acknowledges his 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 director and authorised for issue on 28 July 2026 and were signed by:

K D Jatania - Director

1.	STATUTORY INFORMATION

Landmark Property (Peckham) 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.

Turnover

Turnover comprises rental income arising from the letting of investment properties. Rental income is recognised on a straight-line basis over the period of the lease, unless another systematic basis is more representative of the time pattern of the lessee’s benefit.

Service charge income and recharges to tenants are recognised in turnover when the related expenditure is incurred and recoverable under the terms of the lease.

All turnover is stated net of VAT where applicable.

Investment property

Investment properties are recognised at cost on initial recognition, including any directly attributable acquisition costs.

Subsequent to initial recognition, investment properties are measured at fair value at each reporting date, with any changes in fair value recognised in the profit and loss account in the period in which they arise.

Where obtaining a reliable fair value is not possible without undue cost or effort, the property is measured at cost less accumulated depreciation and impairment, and this fact is disclosed in the notes to the financial statements.

Rental income from investment properties is recognised on a straight-line basis over the lease term.

The company does not depreciate investment properties that are carried at fair value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fair value reserve

Surpluses arising from the valuation of properties are transferred to the fairvalue reserve. Deficits are

eliminated against any fairvalue reserve in respect of that income generating unit with any excess, to the extent that it represents an impairment, being charged to statement of comprehensive income. Surpluses or deficits realised on the disposal of an asset are transferred from the fairvalue reserve to the profit and loss account.Provision for deferred has been recognised on revaluation of investment properties

Capital contribution

All long term financing transactions from the parent company are recorded at present value, using market rate for similar debt instrument in accordance with FRS102. The difference in the present value and book value is recognised in the capital contribution account. The notional interest charged during the year to increase the present value of the loan is charged to profit and loss account and then transferred from profit and loss reserve to capital contribution

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2025

and 31 March 2026

1,800,000

NET BOOK VALUE

At 31 March 2026

1,800,000

At 31 March 2025

1,800,000

Cost or valuation at 31 March 2026 is represented by:

£

Valuation in 2016

313,237

Valuation in 2023

(100,000

)

Cost

1,586,763

1,800,000

The investment property has been valued by the director at the year end, based on their professional knowledge of the local property market, comparable evidence, and prevailing economic conditions. The director considers that the carrying value is a reasonable approximation of fair value and is not materially different from the amount disclosed in these financial statements.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

100

Prepayments

737

837

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed to group undertakings

199,000

219,000

Tax

11,046

7,315

VAT

2,722

2,113

Other creditors

26,615

Directors' current accounts

40,227

39,102

Accruals and deferred income

30,492

30,697

310,102

324,842

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans - 2-5 years

900,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

900,000

The bank loan is secured over the company's investment property and by a limited guarantee by the shareholders. The loan is repayable in full by July 2028 and interest is charged at 2.60% above the base rate per annum.

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 April 2025

399,104

201,061

600,165

Profit for the year

33,466

At 31 March 2026

432,570

201,061

633,631

10.	RELATED PARTY DISCLOSURES

At the year end, amounts of £199,000 (2025: £219,000) were due to the shareholders. The balances are unsecured, interest-free and repayable on demand.

At the year end, an amount of £40,227 (2025: £39,102) was due to the director. The balance is unsecured, interest-free and repayable on demand.