Company No: 04499342 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	J R Pitt
	R W Pitt

Secretary

J R Pitt

Registered office	Office 13
	Caxton House
	Wellesley Road
	Ashford
	TN24 8ET
	United Kingdom

Company number

04499342 (England and Wales)

Accountant	Kreston Reeves LLP
	Suite 2
	Orchard House
	Orchard Street
	Canterbury
	Kent
	CT2 8AR

Bankers	Metro Bank Plc
	One Southampton Row
	London
	WC1B 5HA

Solicitors	Thomson Snell & Passmore LLP
	3 Lonsdale Gardens
	Tunbridge Wells
	Kent
	TN1 1NX

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lithecat Holdings Limited for the financial year ended 06 December 2025 which comprise the Balance Sheet and the related notes 1 to 10 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 www.icaew.com/regulation.

This report is made solely to the Board of Directors of Lithecat Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 12 March 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Lithecat Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Lithecat Holdings Limited, 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 Lithecat Holdings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Lithecat Holdings Limited 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 profit of Lithecat Holdings Limited. You consider that Lithecat Holdings Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Lithecat Holdings Limited. 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 financial statements.

Kreston Reeves LLP

Suite 2
Orchard House
Orchard Street
Canterbury
Kent
CT2 8AR

14 August 2026

	Note	2025		2024
		£		£
Fixed assets
Investment property	5	940,002		1,425,002
Investments	6	600,000		600,000
		1,540,002		2,025,002
Current assets
Debtors	7	8,975		10,753
Cash at bank and in hand		4,294,768		3,914,820
		4,303,743		3,925,573
Creditors: amounts falling due within one year	8	( 618,052)		( 627,638)
Net current assets		3,685,691		3,297,935
Total assets less current liabilities		5,225,693		5,322,937
Net assets		5,225,693		5,322,937
Capital and reserves
Called-up share capital	9	22,827		22,827
Undistributable reserve		206,605		208,414
Profit and loss account		4,996,261		5,091,696
Total shareholders' funds		5,225,693		5,322,937

For the financial year ending 06 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Lithecat Holdings Limited (registered number: 04499342) were approved and authorised for issue by the Board of Directors on 14 August 2026. They were signed on its behalf by:

J R Pitt Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Lithecat Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Office 13, Caxton House, Wellesley Road, Ashford, TN24 8ET, United Kingdom.

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 items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Turnover

Turnover principally comprises rental income receivable from the company's portfolio of investment property.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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 initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

The following are the company's key sources of estimation uncertainty:

Investment properties

The company holds investment property with a fair value of £940,002 at the year end (see note 5). The directors have considered whether there have been any factors suggesting whether there has been a material movement in the fair value of properties with the assistance of external specialists where necessary. It has been concluded that there was a material change in the fair value of properties this year.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, excluding directors	0		0

4. Dividends on equity shares

	2025		2024
	£		£
Amounts recognised as distributions to equity holders in the financial year:
Ordinary dividend	130,871		130,871

5. Investment property

	Investment property
	£
Valuation
As at 07 December 2024	1,425,002
Fair value movement	(35,000)
Disposals	(450,000)
As at 06 December 2025	940,002

The 2025 valuations were made by the directors, on an open market value for existing use basis.

6. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 07 December 2024	3,300,302
At 06 December 2025	3,300,302
Provisions for impairment
At 07 December 2024	2,700,302
At 06 December 2025	2,700,302
Carrying value at 06 December 2025	600,000
Carrying value at 06 December 2024	600,000

Investments in shares

The following was a subsidiary undertaking of the Company:

Name of entity	Registered office	Principal activity	Class of shares	Ownership 06.12.2025
Lithecat Properties Limited	England and Wales	Property investment	Ordinary	100.00%

7. Debtors

	2025		2024
	£		£
Trade debtors	1,872		4,604
Prepayments	119		6,149
Other debtors	6,984		0
	8,975		10,753

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to Group undertakings	611,127		611,127
Accruals	4,084		3,670
Other creditors	2,841		12,841
	618,052		627,638

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
22,827 Ordinary shares of £ 1.00 each	22,827		22,827

10. Related party transactions

During the year dividends totalling £29,577 were paid to the directors of the company (2024: £29,577).