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Company No: 14517679 (England and Wales)

# LADDINVEST LTD

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

LADDINVEST LTD

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

LADDINVEST LTD

## COMPANY INFORMATION

For the financial year ended 31 December 2025
LADDINVEST LTD

## COMPANY INFORMATION (continued)

For the financial year ended 31 December 2025

Director | G Laddin

Registered office | 9 Donnington Park
| 85 Birdham Road
| Chichester
| PO20 7AJ
| United Kingdom

Company number | 14517679 (England and Wales)

Accountant | Kreston Reeves LLP
| 9 Donnington Park
| 85 Birdham Road
| Chichester
| West Sussex
| PO20 7AJ

## ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LADDINVEST LTD

For the financial year ended 31 December 2025

## ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LADDINVEST LTD (continued)

For the financial year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Laddinvest Ltd for the financial year ended 31 December 2025 which comprise the Balance Sheet and the related notes 1 to 9 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 Director of Laddinvest Ltd, as a body, in accordance with the terms of our engagement letter dated 25 July 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Laddinvest Ltd and state those matters that we have agreed to state to the director of Laddinvest Ltd, 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 Laddinvest Ltd and its Director as a body for our work or for this report.

It is your duty to ensure that Laddinvest Ltd 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 Laddinvest Ltd. You consider that Laddinvest Ltd 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 Laddinvest Ltd. 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

9 Donnington Park
85 Birdham Road
Chichester
West Sussex
PO20 7AJ

25 August 2026

LADDINVEST LTD

## BALANCE SHEET

As at 31 December 2025
LADDINVEST LTD

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
|  |  |  | Restated - note 2
Fixed assets |  |  |  |
Tangible assets | 4 | 426 |  | 477
Investment property | 5 | 1,635,800 |  | 1,275,000
|  | 1,636,226 |  | 1,275,477
Current assets |  |  |  |
Debtors | 6 | 48,339 |  | 21,750
Cash at bank and in hand |  | 6,939 |  | 14,773
|  | 55,278 |  | 36,523
Creditors: amounts falling due within one year | 7 | ( 1,735,454) |  | ( 1,375,807)
Net current liabilities |  | (1,680,176) |  | (1,339,284)
Total assets less current liabilities |  | (43,950) |  | (63,807)
Net liabilities |  | ( 43,950) |  | ( 63,807)
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | ( 44,050 ) |  | ( 63,907 )
Total shareholders' deficit |  | ( 43,950) |  | ( 63,807)

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 Comprehensive Income has not been delivered.

The financial statements of Laddinvest Ltd (registered number: 14517679) were approved and authorised for issue by the Director on 25 August 2026. They were signed on its behalf by:

G Laddin Director |

LADDINVEST LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
LADDINVEST LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 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

Laddinvest Ltd (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 9 Donnington Park, 85 Birdham Road, Chichester, PO20 7AJ, 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 financial statements have been prepared on a going concern basis. The company is dependent on the support of its directors who have confirmed their ongoing financial support and intention to continue to support the company for the foreseeable future.

##### Turnover

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.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### 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 director, on an open market value for existing use basis.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### 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.

#### 2. Prior year adjustment

During the year, the company identified a misstatement in the prior period financial statements relating to the treatment of fair value movements on investment property and the associated deferred tax. Fair value losses on investment property, together with the related deferred tax, had been incorrectly recognised in the fair value reserve. In accordance with FRS 102, where fair value movements represent a reduction in value below cost, such movements should be recognised in profit or loss. The misstatement has been corrected by way of a prior year adjustment. Comparative figures have been restated accordingly.
The total adjustment of £63,408 represents:
£20,131 relating to the year ended 2023
£43,277 relating to the year ended 2024
The effect of the adjustment was to increase the fair value reserve from £(63,408) to £0 and to decrease retained earnings by from £499 to £(62,909) as at 31 December 2024. There is no impact on net assets.

#### 3. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 4. Tangible assets

| Plant and machinery |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2025 | 511 |  | 511
At 31 December 2025 | 511 |  | 511
Accumulated depreciation |  |  |
At 01 January 2025 | 34 |  | 34
Charge for the financial year | 51 |  | 51
At 31 December 2025 | 85 |  | 85
Net book value |  |  |
At 31 December 2025 | 426 |  | 426
At 31 December 2024 | 477 |  | 477

#### 5. Investment property

| Investment property
| £
Valuation |
As at 01 January 2025 | 1,275,000
Additions | 367,904
Fair value movement | (7,104)
As at 31 December 2025 | 1,635,800

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

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Prepayments | 1,464 |  | 459
Deferred tax asset | 22,912 |  | 21,291
Other debtors | 23,963 |  | 0
| 48,339 |  | 21,750

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Accruals | 2,641 |  | 1,910
Taxation and social security | 6,092 |  | 0
Other creditors | 1,726,721 |  | 1,373,897
| 1,735,454 |  | 1,375,807

#### 8. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | 21,291 |  | 8,000
Credited to the Profit and Loss Account | 1,621 |  | 13,291
At the end of financial year | 22,912 |  | 21,291

The deferred taxation balance is made up as follows:

| 2025 |  | 2024
| £ |  | £
Revaluation of investment property | 22,912 |  | 21,136
Tax losses carry forward | 0 |  | 155
| 22,912 |  | 21,291

#### 9. Related party transactions

**G Laddin**
(Director)
During the year the director provided the company with an interest free loan repayable on demand. At the balance sheet date the amount due to the director was £1,726,721 (2024 - £1,373,897).