ACCOUNTS - Final Accounts preparation

Registered number: 06975211

LS CARDIFF (GP) INVESTMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

LS CARDIFF (GP) INVESTMENTS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 MARCH 2026

The directors of LS Cardiff (GP) Investments Limited (the 'Company') present their report and the financial statements for the year ended
31 March 2026.

Principal activity

The Company is dormant. No change in the Company's dormant status is anticipated in the foreseeable future.

Results for the year and dividend

There was no activity in the Company for the year ended 31 March 2026 and consequently no Statement of Comprehensive Income has been disclosed.
The directors do not recommend the payment of a dividend for the year ended 31 March 2026 (2025: £Nil).

Directors

The directors who served during the year were:

Land Securities Management Services Limited

LS Director Limited

L McCaveny

Indemnity

The Company has made qualifying third party indemnity provisions for the benefit of the respective directors which were in place throughout the year and which remain in place at the date of this report.

Small companies exemption

The Directors' Report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the
Companies Act 2006.

	Registered Office
	100 Victoria Street
	London
	SW1E 5JL

This report was approved by the Board and signed on its behalf.

M Smout, for and on behalf of LS Company Secretaries Limited

Company Secretary

Date: 4 June 2026
Registered in England and Wales
Registered number: 06975211

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LS CARDIFF (GP) INVESTMENTS LIMITED

REGISTERED NUMBER: 06975211

BALANCE SHEET

AS AT 31 MARCH 2026

	2026	2025
Notes	£	£

Fixed assets
Investments in subsidiary undertaking	2	50	50
		50	50

Current liabilities
Amounts owed to Group undertaking	3	(49)	(49)
Net current liabilities		(49)	(49)

Net assets		1	1

Capital and reserves
Share capital	4	1	1
Total equity		1	1

For the year ended 31 March 2026 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements on pages 2 to 4 were approved by the Board of Directors and were signed on its behalf by:

N Taunt

For and on behalf of LS Director Limited

Date: 4 June 2026

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LS CARDIFF (GP) INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.Accounting policies

1.1

Basis of preparation

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland ('FRS 102') and the Companies Act 2006.

1.2

Financial reporting standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d); and

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of [Enter Parent entity here] as at [Enter Year end here] and these financial statements may be obtained from [Enter location here].

1.3

Investments in subsidiary undertaking

Investments in subsidiary undertaking are stated at cost in the Company's Balance Sheet, less any provision for impairment in value.

1.4

Amounts owed to related parties

Amounts owed to related parties are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, amounts owed to related parties are stated at amortised cost with any difference between the amount initially recognised and redemption value being recognised in the Statement of Comprehensive Income over the period of the loan, using the effective interest method.

1.5

Statement of Comprehensive Income and other primary statements

There was no activity in the Company for the year ended 31 March 2026 and consequently no Statement of Comprehensive Income has been disclosed.

1.6

Share capital

Ordinary shares are classified as equity.


2.	Investments in subsidiary undertaking
		2026	2025
		£	£


At the beginning of the year	50	50
At 31 March	50	50

The directors believe that the carrying value of the investment is supported by the fair value of the net assets of the subsidiary undertaking.

The Company owns 50% of St. David's (General Partner) Limited which draws up accounts to 31 March. St. David's (General Partner) Limited is jointly owed by LS Cardiff (GP) Investments Limited and LS Cardiff (GP) Investments 2 Limited, and acts as the General Partner for St. David's Limited Partnership.

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LS CARDIFF (GP) INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

3.	Amounts owed to Group undertaking
		2026	2025
		£	£

Amounts owed to Group undertaking	49	49
	49	49

The unsecured amounts owed to Group undertaking are interest free, repayable on demand with no fixed repayment date.

4.	Share capital

	Authorised and issued		Allotted and fully paid
	2026	2025	2026	2025
	Number	Number	£	£
Ordinary shares of £1.00 each	1 1	1 1	1 1	1 1

5.	Parent company

The immediate parent company is Land Securities Property Holdings Limited.
The ultimate parent company and controlling party at 31 March 2026 was Land Securities Group PLC, which is registered in England and Wales. This is the largest parent company of the Group to consolidate these financial statements.
Consolidated financial statements for the year ended 31 March 2026 for Land Securities Group PLC can be obtained from the Company Secretary at the registered office of the ultimate parent company, 100 Victoria Street, London, SW1E 5JL and from the Group website at www.landsec.com. This is the largest and smallest Group to include these accounts in its consolidated financial statements.

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