Land Investments (Rayleigh) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

Land Investments (Rayleigh) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00688925 . The registered office is 200 London Road, Southend on Sea, Essex, SS1 1PJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

The company's activities consist primarily of the holding of investment properties and deriving rental income from those properties. The company will also receive interest income on cash deposits when there is surplus cash to be deposited.

Rental income is recognised as it becomes due and is accrued on a time basis. Interest income is not intended to be a material figure in the accounts and is, therefore, only recognised as it is received.

2.3. Tangible Fixed Assets and Depreciation

All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost or revaluation of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold	Nil
Leasehold	Nil
Plant & Machinery	25% per annum on a straight line basis
Fixtures & Fittings	25% per annum on a straight line basis
Computer Equipment	25% per annum on a straight line basis

2.4. Investment Properties

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

Subsequent to initial recognition:

1. investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from changes in the fair value are recognised in profit or loss in the period that they arise; and

2. no depreciation is provided in respect of investment properties applying the fair value model.

If a reliable measure is not available without undue cost or effort for an item of investment property, this item is thereafter accounted for as tangible fixed assets in accordance with section 17 until a reliable measure of fair value becomes available.

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Land Investments (Rayleigh) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Financial Instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, 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. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, 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 payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated, but not reversed, at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Consolidation

The company and its subsidiary form a small group. The company is therefore not required

to produce consolidated financial statements and has not done so. These financial statements

present information about the company as a single entity.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2024: 13)

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Land Investments (Rayleigh) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Fixtures & Fittings
	£	£	£	£
Cost or Valuation
As at 1 January 2025	7,190,734	697,223	31,892	342
Additions	-	-	-	214
Revaluation	(61,951 )	(6,006 )	-	-

As at 31 December 2025	7,128,783	691,217	31,892	556

Depreciation
As at 1 January 2025	-	-	31,891	340
Provided during the period	-	-	-	54

As at 31 December 2025	-	-	31,891	394

Net Book Value
As at 31 December 2025	7,128,783	691,217	1	162

As at 1 January 2025	7,190,734	697,223	1	2


	Computer Equipment	Total
	£	£
Cost or Valuation
As at 1 January 2025	550	7,920,741
Additions	852	1,066
Revaluation	-	(67,957 )

As at 31 December 2025	1,402	7,853,850

Depreciation
As at 1 January 2025	550	32,781
Provided during the period	214	268

As at 31 December 2025	764	33,049

Net Book Value
As at 31 December 2025	638	7,820,801

As at 1 January 2025	-	7,887,960

The freehold and leasehold properties shown above are held as investment properties and were valued at 31st December 2025 on the basis of market value by Hair & Son LLP. The loss, or surplus, arising from the revaluation is shown on the profit and loss account as other operating income and transferred, net of deferred tax, to the fair value reserve on the balance sheet.

Included in the investment properties shown at £7,128,783 and £691,217 above are properties used in operating leases. The historic cost of the investment properties shown at a total valuation of £7,820,000 is £3,528,585.

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Land Investments (Rayleigh) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investments

	Listed	Unlisted	Total
	£	£	£
Cost
As at 1 January 2025	1	100	101

As at 31 December 2025	1	100	101

Provision
As at 1 January 2025	-	-	-

As at 31 December 2025	-	-	-

Net Book Value
As at 31 December 2025	1	100	101

As at 1 January 2025	1	100	101

The unlisted investment relates to equity shares in Land Investments (Southend) Limited.

Land Investments (Southend ) Limited

The company owns 98% of the equity share capital of Land Investments (Southend) Limited. As at 31 December 2025 the aggregate amount of the capital and reserves of that company was £3,322,981 and its loss for the year then ended was £178,084.

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	52,631	38,520
Other debtors	240	-

	52,871	38,520

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	66,918	52,047
Corporation tax	4,385	1,016
Other taxes and social security	10,311	3,745
Net wages	14,652	17,564
Directors' loan accounts	2,942	52,659

	99,208	127,031

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to subsidiaries	907,635	806,114

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Land Investments (Rayleigh) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

9. Deferred Taxation

The provision for deferred taxation comprises a combination of deferred taxation relating to accelerated Capital Allowances and deferred tax on the fair value adjustment made to the company's investment properties.

	2025	2024
	£	£
Other timing differences	615,920	632,710

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2,000	2,000

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,820,801		7,887,960
Investments	5		101		101

			7,820,902		7,888,061
CURRENT ASSETS
Debtors	6	52,871		38,520
Cash at bank and in hand		126,115		48,072

		178,986		86,592
Creditors: Amounts Falling Due Within One Year	7	(99,208 )		(127,031 )

NET CURRENT ASSETS (LIABILITIES)			79,778		(40,439 )

TOTAL ASSETS LESS CURRENT LIABILITIES			7,900,680		7,847,622

Creditors: Amounts Falling Due After More Than One Year	8		(907,635 )		(806,114 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(615,920 )		(632,710 )

NET ASSETS			6,377,125		6,408,798

CAPITAL AND RESERVES
Called up share capital	10		2,000		2,000
Fair value reserve			3,675,694		3,726,662
Profit and Loss Account			2,699,431		2,680,136

SHAREHOLDERS' FUNDS			6,377,125		6,408,798