Registration number: 03672831

Landmark PT Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 10

Landmark PT Ltd

(Registration number: 03672831)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	10,779	-
Tangible assets	5	26,906	385,421
Investment property	6	1,040,000	668,795
		1,077,685	1,054,216
Current assets
Debtors	7	157,452	74,544
Cash at bank and in hand		8,879	36
		166,331	74,580
Creditors: Amounts falling due within one year	8	(211,781)	(219,511)
Net current liabilities		(45,450)	(144,931)
Total assets less current liabilities		1,032,235	909,285
Creditors: Amounts falling due after more than one year	8	(602,183)	(499,730)
Provisions for liabilities		(4,366)	(16,742)
Net assets		425,686	392,813
Capital and reserves
Called up share capital		100	100
Retained earnings		425,586	392,713
Shareholders' funds		425,686	392,813

Landmark PT Ltd

(Registration number: 03672831)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 August 2026
 

J D Potts Director

Landmark PT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Monmouth Place
Bath
BA1 2AT

These financial statements were authorised for issue by the director on 3 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. As at the date of signing the financial statements, the director confirms that the company is in a position to meet its liabilities for a period of 12 months and that there are no forseeable events which may give rise to liabilities which exceeds the company's ability to pay.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Landmark PT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Long leasehold land and buildings	Nil
Furniture, fittings and equipment	15% reducing balance
Motor vehicles	20% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Intangible assets

Intangible assets relate to intangible assets at cost and revalued intangibles.
Intangible assets at cost relate to cryptocurrency option and investment agreements which are measured at cost less accumlated impairment and illiquid cryptocurrency token received from staking rewards which are measured at market value on the date they are received less accumlated impairment.
Revalued intangibles relate to liquid cryptocurrencies that have a very active trading market and can be readily converted to cash. Liquid cryptocurrencies are initally measured at cost and are subsequently measured at fair value, with changes in fair value recognised in other comprehensive income.
Where revalued intangibles are revalued above their cost, a revaluation reserve arises. This increase in the revaluation reserve constitutes an unrealised gain which is not taxable until the intangible asset is disposed of.
Any gain or loss on disposal of intangible fixed assets are recognised in other operating income.

Landmark PT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Landmark PT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year was 3 (2024 - 3).

Landmark PT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	12,670	12,670
Revaluations	(1,891)	(1,891)
At 30 November 2025	10,779	10,779
Carrying amount
At 30 November 2025	10,779	10,779

5	Tangible assets

	Long leasehold land and buildings £	Furniture, fittings and equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	352,327	38,799	50,307	441,433
Transfers to/from investment property	(352,327)	-	-	(352,327)
At 30 November 2025	-	38,799	50,307	89,106
Depreciation
At 1 December 2024	-	30,175	25,837	56,012
Charge for the year	-	1,294	4,894	6,188
At 30 November 2025	-	31,469	30,731	62,200
Carrying amount
At 30 November 2025	-	7,330	19,576	26,906
At 30 November 2024	352,327	8,624	24,470	385,421

Included within the net book value of land and buildings above is £Nil (2024 - £352,327) in respect of long leasehold land and buildings.
 

Landmark PT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6	Investment properties

	2025 £
At 1 December	668,795
Additions	27,898
Transfers to and from owner-occupied property	352,327
Fair value adjustments	(9,020)
At 30 November	1,040,000

There has been no valuation of investment property by an independent valuer.

During the year, the properties were reclassified from freehold long leasehold land and buildings to investment properties, as they are now held to earn rental income from residential dwellings.

7

Debtors

	Note	2025 £	2024 £
Trade debtors		69,323	49,214
Amounts owed by related parties	11	61,037	15,168
Other debtors		22,392	75
Prepayments		4,700	8,687
Accrued income		-	1,400
		157,452	74,544

8

Creditors

Due within one year	Note	2025 £	2024 £
Loans and borrowings	9	50,798	80,299
Trade creditors		1,806	24,759
Social security and other taxes		154,558	108,952
Other creditors		956	3,451
Accruals		2,250	2,050
Deferred income		1,413	-
		211,781	219,511
Due after one year
Loans and borrowings	9	602,183	499,730

Landmark PT Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025