REGISTERED NUMBER: 04506148 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

LADKIN PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M E Ladkin

Mrs E C Grigalis

I P Whetherly

SECRETARY:

I P Whetherly

REGISTERED OFFICE:

Seagrave Road

Sileby

Loughborough

Leicestershire

LE12 7TT

REGISTERED NUMBER:

04506148 (England and Wales)

ACCOUNTANTS:

Lemans

Chartered Certified Accountants

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

FIXED ASSETS

Investment property

4

465,000

465,000

CURRENT ASSETS

Debtors

5

110

110

Cash at bank

13,784

3,740

13,894

3,850

CREDITORS

Amounts falling due within one year

6

5,645

4,745

NET CURRENT ASSETS/(LIABILITIES)

8,249

(895

)

TOTAL ASSETS LESS CURRENT LIABILITIES

473,249

464,105

CREDITORS

Amounts falling due after more than one year

7

-

(2,986

)

PROVISIONS FOR LIABILITIES

(29,277

)

(29,277

)

NET ASSETS

443,972

431,842

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

235,677

235,677

Retained earnings

9

208,195

196,065

SHAREHOLDERS' FUNDS

443,972

431,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 25 August 2026 and were signed on its behalf by:

Mrs E C Grigalis - Director

1.	STATUTORY INFORMATION

Ladkin 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Freehold Investment Properties are included in the Balance sheet at a value which in the opinion of the directors represents open market value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

465,000

NET BOOK VALUE

At 31 December 2025

465,000

At 31 December 2024

465,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2010

75,954

Valuation in 2015

40,000

Valuation in 2016

30,000

Valuation in 2017

10,000

Valuation in 2019

10,000

Valuation in 2020

50,000

Valuation in 2021

20,000

Valuation in 2022

32,500

Valuation in 2023

(2,500

)

Cost

199,046

465,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

199,046

199,046

Investment Properties were valued on an open market basis on 31 December 2024 by the Directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

110

110

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Deferred Income

575

575

Corporation tax

2,845

2,915

Other creditors

895

-

Accrued expenses

1,330

1,255

5,645

4,745

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other loans

-

2,986

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2025

196,065

235,677

431,742

Profit for the year

12,130

12,130

At 31 December 2025

208,195

235,677

443,872

10.	RELATED PARTY DISCLOSURES

Included in creditors falling due after more than one year is £NIL (2024 - £741) owing to Mrs M E Ladkin, a director of the company.

Mrs M E Ladkin is a trustee and beneficiary of the P.M. Ladkin Will Trust and the P.M. Ladkin 1992 Trust. Mrs E C Grigalis is a trustee and beneficiary of the P.M. Ladkin Will Trust, the M.E. Ladkin 92 Trust and the P.M. Ladkin 92 Trust.

An amount of £NIL is owing to P.M. Ladkin Will Trust at the year end (2024 - £761). An amount of £NIL is owing to P.M. Ladkin 1992 Trust and the M E Ladkin 1992 Trust at the year end (2024 - £741).