REGISTERED NUMBER: 16053222 (England and Wales)

Unaudited Financial Statements

for the Period 31 October 2024 to 31 March 2026

for

L & B Pelham Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Combellack

M Combellack

REGISTERED OFFICE:

4 Yorke Street

Hucknall

Nottingham

NG15 7BT

BUSINESS ADDRESS:

Holme Farm

Main Street

Mapleback

Newark

Nottinghamshire

NG22 0BS

REGISTERED NUMBER:

16053222 (England and Wales)

ACCOUNTANTS:

Smith Cookson

Chartered Accountants

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

FIXED ASSETS

Investment property

4

515,000

CREDITORS

Amounts falling due within one year

5

266,820

NET CURRENT LIABILITIES

(266,820

)

TOTAL ASSETS LESS CURRENT LIABILITIES

248,180

CREDITORS

Amounts falling due after more than one year

6

346,500

NET LIABILITIES

(98,320

)

CAPITAL AND RESERVES

Called up share capital

2

Non-Distributable reserve

9

3,805

Retained earnings

9

(102,127

)

SHAREHOLDERS' FUNDS

(98,320

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

M Combellack - Director

1.	STATUTORY INFORMATION

L & B Pelham 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.

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.

Taxation

Taxation for the period 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 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 period 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 period was NIL.

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

511,195

Revaluations

3,805

At 31 March 2026

515,000

NET BOOK VALUE

At 31 March 2026

515,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

3,805

Cost

511,195

515,000

If investment property had not been revalued it would have been included at the following historical cost:

£

Cost

511,195

Investment property was valued on an open market basis on 31 March 2026 by the directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

5,215

Amounts owed to group undertakings

255,634

Other creditors

3,571

Accruals and deferred income

2,400

266,820

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans (see note 7)

346,500

Amounts falling due in more than five years:

Repayable by instalments

Bank loans to be repaid after

5 years by instalments

346,500

346,500

7.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans to be repaid after

5 years by instalments

346,500

346,500

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

346,500

The loan is secured on the investment property

9.

RESERVES

Retained

Non-Distributable

earnings

reserve

Totals

£

£

£

Deficit for the period

(98,322

)

(98,322

)

Revalue investment properties

(3,805

)

3,805

-

At 31 March 2026

(102,127

)

3,805

(98,322

)

10.	RELATED PARTY DISCLOSURES

Included within other creditors are various amounts owed to related parties as below:

Description

Amount Owed

By Company

Combellack Properties Limited

51,607

Combellack Holdings Limited

204,027

M & P Combellack

2,400

Harry J Combellack & Sons

1,171

Combellack Properties is a company of which the directors, are also directors of said company.

Combellack Holdings Limited is the parent company of L & B Pelham Limited, of which the directors, are also directors of said company.

M & P Combellack is a rental property business which is equally owned by the directors.

Harry J Combellack & Sons is a business in which the directors are both partners.

11.	ULTIMATE CONTROLLING PARTY

L & B Pelham Limited is a 100% owned subsidiary of Combellack Holdings Limited.