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Registration number: 08224364

Langcourt Properties Limited
Unaudited Financial Statements
for the Year Ended 30 November 2025

Langcourt Properties Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Langcourt Properties Limited

Company Information

Directors | G Slater Mrs R M Slater

Registered office | Unit G The Link Centre Oldmixon Crescent Weston-super-Mare North Somerset BS24 9AY

Accountants | Four Fifty Partnership Chartered Accountants 34 Boulevard Weston-Super-Mare North Somerset BS23 1NF

Langcourt Properties Limited

(Registration number: 08224364)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,988 | 777
Investment property | 5 | 735,000 | 735,000
Investments | 6 | 100 | 100
|  | 737,088 | 735,877
Current assets |  |  |
Debtors | 7 | 161,327 | 159,801
Other financial assets |  | 2,597 | 2,597
Cash at bank and in hand |  | 136,385 | 104,924
|  | 300,309 | 267,322
Creditors: Amounts falling due within one year | 8 | (16,801) | (19,393)
Net current assets |  | 283,508 | 247,929
Total assets less current liabilities |  | 1,020,596 | 983,806
Provisions for liabilities |  | (473) | (196)
Net assets |  | 1,020,123 | 983,610
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Other reserves |  | (193,330) | (193,330)
Retained earnings |  | 1,213,353 | 1,176,840
Shareholders' funds |  | 1,020,123 | 983,610

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.

Langcourt Properties Limited

(Registration number: 08224364)
Balance Sheet as at 30 November 2025

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 April 2026 and signed on its behalf by:

......................................... G Slater Director

Langcourt Properties Limited

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.

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 presentation currency of the financial statements is Pound Sterling (£).

Group accounts not prepared

The company has taken advantage of the exemptions available to the parent of a small group and as such has elected not to prepare consolidated financial statements.

Revenue recognition

Turnover represents rents receivable. Turnover is recognised when the company obtains the right to consideration.

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.

Langcourt Properties Limited

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

2 | Accounting policies (continued)

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.

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
Office equipment | 15% 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.

Langcourt Properties Limited

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

2 | Accounting policies (continued)

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Langcourt Properties Limited

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

4 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 December 2024 | 1,749 | 1,749
Additions | 1,562 | 1,562
At 30 November 2025 | 3,311 | 3,311
Depreciation
At 1 December 2024 | 972 | 972
Charge for the year | 351 | 351
At 30 November 2025 | 1,323 | 1,323
Carrying amount
At 30 November 2025 | 1,988 | 1,988
At 30 November 2024 | 777 | 777

5 | Investment properties

| 2025 £
At 1 December | 735,000
At 30 November | 735,000

The investment properties were valued by the directors on 30 November 2025.

6 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 100 | 100

Langcourt Properties Limited

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

6 | Investments (continued)

Subsidiaries | £
Cost or valuation
At 1 December 2024 | 100
Provision
Carrying amount
At 30 November 2025 | 100
At 30 November 2024 | 100

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Holmes and Moore Ltd | c/o Langcourt Properties Ltd Unit G The Link Centre Oldmixon Crescent Weston-super-Mare North Somerset BS24 9AY United Kingdom | Ordinary shres | 100% | 100%

Langcourt Properties Limited

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

6 | Investments (continued)

Subsidiary undertakings
Holmes and Moore Ltd The principal activity of Holmes and Moore Ltd is letting of own property. The loss for the financial period of Holmes and Moore Ltd was £3,210 and the aggregate amount of capital and reserves at the end of the period was £(6,139).

7 | Debtors

| Note | 2025 £ | 2024 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest |  | 87,400 | 84,900
Prepayments |  | 2,437 | 7,745
Other debtors |  | 71,490 | 67,156
|  | 161,327 | 159,801

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 11,197 | 13,882
Accruals and deferred income | 5,594 | 5,501
Other creditors | 10 | 10
| 16,801 | 19,393