Company registration number 08317473 (England and Wales)
LANN ESTATES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
Affinia
168 Church Road
Hove
East Sussex
BN3 2DL
LANN ESTATES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
LANN ESTATES LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
4
13,447,819
16,532,459
Current assets
Debtors
5
395,067
5,741,540
Investments
6
1,208,091
513,401
Cash at bank and in hand
203,097
123,739
1,806,255
6,378,680
Creditors: amounts falling due within one year
7
(5,875,164)
(3,934,024)
Net current (liabilities)/assets
(4,068,909)
2,444,656
Total assets less current liabilities
9,378,910
18,977,115
Creditors: amounts falling due after more than one year
8
(4,433,764)
(10,928,000)
Provisions for liabilities
(819,297)
(1,651,806)
Net assets
4,125,849
6,397,309
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
9
4,125,848
6,397,308
Total equity
4,125,849
6,397,309
LANN ESTATES LTD
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2025
30 September 2025
- 2 -

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 August 2026 and are signed on its behalf by:
Mr Ammar Hamza
Director
Company registration number 08317473 (England and Wales)
LANN ESTATES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Lann Estates Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 168 Church Road, Hove, East Sussex, BN3 2DL.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

No depreciation has been provided on investment property. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in the profit and loss account.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

LANN ESTATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

LANN ESTATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
4
Investment property
2025
£
Fair value
At 1 October 2024
16,532,459
Additions
115,360
Revaluations
(3,200,000)
At 30 September 2025
13,447,819

The fair value of the investment property has been arrived at on the basis of a valuation carried out in February 2025 by Eddisons Commercial Chartered Surveyors, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

LANN ESTATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
86,141
73,692
Amounts owed by group undertakings
228,215
5,665,198
Other debtors
80,711
2,650
395,067
5,741,540
6
Current asset investments
2025
2024
£
£
Short-term deposits
1,208,091
513,401
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
48,442
23,805
Corporation tax
34,823
103,347
Other taxation and social security
2,111
-
0
Other creditors
5,789,788
3,806,872
5,875,164
3,934,024
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
3,865,764
10,400,000
Other creditors
568,000
528,000
4,433,764
10,928,000
9
Reserves

The profit and loss reserves record retained earnings and accumulated losses (distributable), together with investment property revaluations and associated deferred tax (non-distributable). At 30 September 2025 the profit and loss reserves total of £4,125,848 (2024: £6,397,308) represents accumulated profits of £1,196,500 (2024: £1,100,469) and non-distributable reserves of £2,929,348 (2024: £5,296,839).

LANN ESTATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 7 -
10
Related party transactions

The company were owed £228,215 by LAN Estates Limited, a company under common control, at the year end for monies lent to them (2024: £5,665,198). During the year the company received loan interest from LAN Estates Limited totalling £325,507 (2024: £475,210).

LAN Investments Limited (incorporated in Seychelles) is regarded by the directors as being the company's ultimate parent company.

At the year end, LAN Investments Limited were owed £2,391,557 for deeply discounted securities (DDS) issued to them by LANN Estates Limited (2024: £2,261,520). During the year, a discount fee totalling £130,037 payable to LAN Investments Limited (2024: £135,721). Last year, previous year's discounts and arrangement fees totalling £944,547 were waived by LAN Investments Limited.

At the year end, LAN Investments Limited were also owed £568,000 for loans made to LANN Estates Limited (2024: £528,000).

2025-09-30 2024-10-01 false false false 13 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A Hamza Mr L Hamza Miss N Hamza 08317473 2024-10-01 2025-09-30 08317473 2025-09-30 08317473 2024-09-30 08317473 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 08317473 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 08317473 core:Non-currentFinancialInstruments core:AfterOneYear 2025-09-30 08317473 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 08317473 core:CurrentFinancialInstruments 2025-09-30 08317473 core:CurrentFinancialInstruments 2024-09-30 08317473 core:CurrentFinancialInstruments core:AfterOneYear 2025-09-30 08317473 core:CurrentFinancialInstruments core:AfterOneYear 2024-09-30 08317473 core:ShareCapital 2025-09-30 08317473 core:ShareCapital 2024-09-30 08317473 core:RetainedEarningsAccumulatedLosses 2025-09-30 08317473 core:RetainedEarningsAccumulatedLosses 2024-09-30 08317473 bus:Director1 2024-10-01 2025-09-30 08317473 2023-10-01 2024-09-30 08317473 2024-09-30 08317473 core:Non-currentFinancialInstruments 2025-09-30 08317473 core:Non-currentFinancialInstruments 2024-09-30 08317473 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 08317473 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 08317473 bus:FRS102 2024-10-01 2025-09-30 08317473 bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 08317473 bus:Director2 2024-10-01 2025-09-30 08317473 bus:Director3 2024-10-01 2025-09-30 08317473 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP