No principal activity declared 01/09/2024 31/08/2025 31/08/2025 false Taxpad 26.730.1510.08 121677252024-09-012025-08-31 121677252024-08-31 121677252025-08-31 12167725business:SmallEntities2024-09-012025-08-31 12167725business:FullAccounts2024-09-012025-08-31 12167725business:PrivateLimitedCompanyLtd2024-09-012025-08-31 12167725countries:EnglandWales2024-09-012025-08-31 12167725core:WithinOneYear2025-08-31 12167725core:WithinOneYear2024-08-31 12167725core:AfterOneYear2025-08-31 12167725core:AfterOneYear2024-08-31 12167725core:ShareCapital2025-08-31 12167725core:ShareCapital2024-08-31 12167725core:RetainedEarningsAccumulatedLosses2025-08-31 12167725core:RetainedEarningsAccumulatedLosses2024-08-31 12167725business:AuditExempt-NoAccountantsReport2024-09-012025-08-31 12167725business:Director12024-09-012025-08-31 12167725business:RegisteredOffice2024-09-012025-08-31 121677252023-09-012024-08-31 12167725core:FurnitureFittings2024-08-31 12167725core:FurnitureFittings2025-08-31 12167725core:FurnitureFittings2024-09-012025-08-31 12167725core:MoreThanFiveYears2025-08-31 12167725core:MoreThanFiveYears2024-08-31 iso4217:GBP xbrli:pure
Company registration number: 12167725 (England and Wales)
 
LJ South Property Ltd Unaudited financial statements For the year ended 31 August 2025
 
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LJ South Property LtdCompany No. 12167725
Unaudited financial statements for the year ended 31 August 2025
 
CONTENTS
 
Balance sheet3-4
Notes5-7
 
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LJ South Property LtdCompany No. 12167725
Balance sheet as at 31 August 2025
20252024
Note££
Fixed assets
Tangible assets5-490
Investment property6216,979216,979
216,979217,469
Current assets
Cash at bank and in hand2,8362,836
2,8362,836
Creditors: amounts falling due within one year7(73,015)(71,654)
Net current liabilities(70,179)(68,818)
Total assets less current liabilities146,800148,651
Creditors: amounts falling due after more than one year8(158,680)(158,680)
Net liabilities(11,880)(10,029)
Capital and reserves
Called up share capital22
Profit and loss account(11,882)(10,031)
Shareholders' funds(11,880)(10,029)
 
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
 
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
 
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
 
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LJ South Property LtdCompany No. 12167725
Balance sheet as at 31 August 2025
These accounts were approved by the board of directors on 18 August 2026 and were signed on its behalf by: __________________________________________________ Jason Green
 
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LJ South Property LtdCompany No. 12167725
Notes to the accounts
 
1 Statutory information
 
The company is a private company, limited by shares and is registered in England and Wales. The address of the registered office is 27 Bakers Way, Bryncethin, Bridgend, CF32 9RJ.
 
2 Accounting policies
 
2.1 Basis of preparation
 
The accounts have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities and the Companies Act 2006.
 
2.2 Going concern disclosure
 
There are material uncertainties related to events or conditions that may cast significant doubt about the company’s ability to continue as a going concern but the going concern basis remains appropriate.
 
2.3 Turnover
 
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
 
2.4 Investment properties
 
Investment property is included at fair value. Changes in fair value are recognised in the profit and loss account.
 
3 Average number of employees
 
The average number of employees during the year was: 2 (2024: 2).
 
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LJ South Property LtdCompany No. 12167725
Notes to the accounts
 
4 Tax on profit
 
££
20252024
--
 
5 Tangible Assets
 
Fixtures and fittingsTotal
££
Cost
As at 1 September 20242,4502,450
As at 31 August 20252,4502,450
Depreciation
As at 1 September 20241,9601,960
Charged in year490490
As at 31 August 20252,4502,450
Net book value
As at 31 August 2025--
As at 1 September 2024490490
 
6 Investment Property
2025
£
Fair value at 1 September 2024216,979
Additions-
Disposals-
Net gain from fair value adjustments-
Transfers to tangible fixed assets-
Other changes-
At 31 August 2025216,979
 
Investment properties are held at the director's valuation.
 
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LJ South Property LtdCompany No. 12167725
Notes to the accounts
 
7 Creditors: amounts falling due within one year
20252024
££
Loans from directors72,51571,154
Accruals and deferred income500500
73,01571,654
 
8 Creditors: amounts falling due after more than one year
20252024
££
Bank loans and overdrafts158,680158,680
158,680158,680
Aggregate of amounts that fall due for payment after five years158,680158,680
 
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