LAZOVA INVESTMENT PROPERTIES LIMITED


Directors	PEGG, Jeremy
	PEGG, Marcela


Registered Address	224 Dyke Road
	Brighton
	BN1 5AE


Registered Number	10482965 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	4		3,735,000		3,735,000
			3,735,000		3,735,000
Current assets
Debtors		-		2,457
Cash at bank and on hand		181,690		199,778
		181,690		202,235
Creditors amounts falling due within one year	5	(949,208)		(894,830)
Net current assets (liabilities)			(767,518)		(692,595)
Total assets less current liabilities			2,967,482		3,042,405
Creditors amounts falling due after one year	6		(2,567,098)		(2,644,794)
Net assets			400,384		397,611
Capital and reserves
Called up share capital			100		100
Profit and loss account			400,284		397,511
Shareholders' funds			400,384		397,611

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

PEGG, Jeremy
Director
Registered Company No. 10482965

LAZOVA INVESTMENT PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		0

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Investment property


		£
	Fair value at 01 December 24	3,735,000
	At 30 November 25	3,735,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	21,421	21,745
Bank borrowings and overdrafts	140,604	-
Amounts owed to related parties	583,682	734,290
Taxation and social security	130,741	136,034
Other creditors	70,000	-
Accrued liabilities and deferred income	2,760	2,761
Total	949,208	894,830

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,567,098	2,644,794
Total	2,567,098	2,644,794