REGISTERED NUMBER: 00970129 (England and Wales)

LOSTWOOD PROPERTIES LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

J R C Arkwright

R T Holman

R M Holman

J M Holman

D E Holman

G N Schultz

Registered office:

115 Mount Street

London

W1K 3NQ

Registered number:

00970129 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

1,175,000

1,090,000

Current assets

Debtors

5

227,187

231,873

Cash at bank

211,631

182,451

438,818

414,324

Creditors

Amounts falling due within one year

6

(39,784

)

(33,417

)

Net current assets

399,034

380,907

Total assets less current liabilities

1,574,034

1,470,907

Capital and reserves

Called up share capital

7

1,462

1,462

Share premium

469,526

469,526

Revaluation reserve

(452,766

)

(537,766

)

Retained earnings

1,555,812

1,537,685

Shareholders' funds

1,574,034

1,470,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by:

J R C Arkwright - Director

1.	Statutory information

Lostwood Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound. The principal accounting policies adopted are set out below.

Preparation of consolidated financial statements

The financial statements contain information about Lostwood Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Other revenue

Other revenue is income received on recharge of expenses.

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 bank balances, are measured at transaction price. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts 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 at transaction price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investment properties

Investment properties are properties which are held either to earn rental income or for capital appreciation or for both.

Investment properties are measured at cost upon initial recognition. The initial cost of the property comprises of its purchase price and any directly attributable expenditure.

Subsequently, where the fair value can be measured reliably without undue cost or effort, investment property is measured at fair value at each reporting date with changes in fair value recognised in the income statement in the period that they arise. No depreciation is provided in respect of investment properties applying the fair value model.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

3.	Employees and directors

The average number of employees during the year was 6 (2025 - 6 ) .

4.	Tangible fixed assets

Freehold

property

£

Cost or valuation

At 1 April 2025

1,090,000

Revaluations

85,000

At 31 March 2026

1,175,000

Net book value

At 31 March 2026

1,175,000

At 31 March 2025

1,090,000

Independent professional valuations of the investment properties were carried out after the year end,

with an effective valuation date of 31 March 2026, taking into account the open market conditions at

that date. The properties have been included in the financial statements at the resulting valuations.

In respect of the fixed assets stated at valuations, the comparable historical cost values are as follows:

2026

2025

£

£

Historical cost

1,627,766

1,627,766

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

22,096

22,096

Other debtors

205,091

209,777

227,187

231,873

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

2,874

562

Taxation and social security

16,078

12,471

Other creditors

20,832

20,384

39,784

33,417

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,462

Ordinary

1

1,462

1,462

8.	Related party

As at the statement of financial position date an amount of £200,000 (2025: £200,000) was owed from Tyane Properties Limited, an associated company. The loan is unsecured, interest free and repayable on demand.