Company registration number 13543058 (England and Wales)
LATITUDE 55 PROPERTY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2026
PAGES FOR FILING WITH REGISTRAR
LATITUDE 55 PROPERTY LTD
COMPANY INFORMATION
Director
Miss M Borrego Jimenez
Company number
13543058
Registered office
9 Park Road
Longhoughton
NE66 3JH
Accountants
Property Tax People Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Payrnet Limited
Wework Waterhouse Square
138 Holborn
London
EC1N 2SW
LATITUDE 55 PROPERTY LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
LATITUDE 55 PROPERTY LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LATITUDE 55 PROPERTY LTD FOR THE PERIOD ENDED 30 JUNE 2026
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Latitude 55 Property Ltd for the period ended 30 June 2026 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Latitude 55 Property Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Latitude 55 Property Ltd and state those matters that we have agreed to state to the b oard of d irectors of Latitude 55 Property Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Latitude 55 Property Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Latitude 55 Property Ltd 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 loss of Latitude 55 Property Ltd. You consider that Latitude 55 Property Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Latitude 55 Property Ltd. 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 f inancial statements.

Property Tax People Limited
12 August 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
LATITUDE 55 PROPERTY LTD
BALANCE SHEET
AS AT
30 JUNE 2026
30 June 2026
- 2 -
30 June 2026
31 August 2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
-
0
127
Investment property
4
-
0
175,000
-
0
175,127
Current assets
Debtors
5
-
0
2,385
Cash at bank and in hand
93,232
11,503
93,232
13,888
Creditors: amounts falling due within one year
6
(93,132)
(81,006)
Net current assets/(liabilities)
100
(67,118)
Total assets less current liabilities
100
108,009
Creditors: amounts falling due after more than one year
7
-
0
(89,482)
Provisions for liabilities
9
-
0
(3,541)
Net assets
100
14,986
Capital and reserves
Called up share capital
10
100
100
Non-distributable profits reserve
12
-
0
38,250
Distributable profit and loss reserves
-
0
(23,364)
Total equity
100
14,986

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

For the financial period ended 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

LATITUDE 55 PROPERTY LTD
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2026
30 June 2026
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 12 August 2026
Miss M Borrego Jimenez
Director
Company registration number 13543058 (England and Wales)
LATITUDE 55 PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2026
- 4 -
1
Accounting policies
Company information

Latitude 55 Property Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 9 Park Road, Longhoughton, NE66 3JH.

1.1
Accounting convention

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 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
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rents pro vided in the normal course of business. The fair value of consideration takes into account any lease premiums or rent free periods, which are recognised on a straight line basis over the lease term.

Revenue from the provision of property rental is recognised by reference to the period of its occupancy and where the amount of rent can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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
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.

LATITUDE 55 PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2026
1
Accounting policies
(Continued)
- 5 -
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.

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
Employees

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

2026
2025
Number
Number
Total
1
1
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 September 2025
665
Disposals
(665)
At 30 June 2026
-
0
Depreciation and impairment
At 1 September 2025
538
Depreciation charged in the period
56
Eliminated in respect of disposals
(594)
At 30 June 2026
-
0
Carrying amount
At 30 June 2026
-
0
At 31 August 2025
127
LATITUDE 55 PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2026
- 6 -
4
Investment property
2026
£
Fair value
At 1 September 2025
175,000
Disposals
(175,000)
At 30 June 2026
-
0
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
-
0
2,385
6
Creditors: amounts falling due within one year
2026
2025
£
£
Taxation and social security
2,301
-
0
Other creditors
90,831
81,006
93,132
81,006
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
89,482
8
Secured debts
The following secured debts are included within creditors:
2026
2025
£
£
Bank loans
-
89,482
9
Provisions for liabilities
2026
2025
£
£
Deferred tax liabilities
-
0
3,541
LATITUDE 55 PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2026
- 7 -
10
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
11
Ultimate controlling party

The ultimate controlling party is Miss M Borrego Jimenez and Mr M C Morales.

12
Non-distributable profits reserve
2026
2025
£
£
At the beginning of the period
38,250
28,125
Non distributable profits in the period
(38,250)
10,125
At the end of the period
-
38,250
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