Company Registration No. 10607647 (England and Wales)
Lodgeway Properties Ltd
Unaudited accounts
for the year ended 31 December 2025
Lodgeway Properties Ltd
Unaudited accounts
Contents
Lodgeway Properties Ltd
Company Information
for the year ended 31 December 2025
Directors
D A Holliday
K Holliday
Company Number
10607647 (England and Wales)
Registered Office
Venta House
9a Port Road, Maesglas Retail Park,
Newport
NP20 2NS
Accountants
Evans Entwistle
26 Berkeley Square
Bristol
BS8 1HP
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Lodgeway Properties Ltd
for the 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 accounts of Lodgeway Properties Ltd for the year ended 31 December 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
26 Berkeley Square
Bristol
BS8 1HP
29 July 2026
Lodgeway Properties Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
53,633
100,805
Investment property
1,913,163
1,913,163
Cash at bank and in hand
17,330
27,168
Creditors: amounts falling due within one year
(32,360)
(39,245)
Net current liabilities
(15,030)
(12,077)
Total assets less current liabilities
2,051,766
2,001,891
Creditors: amounts falling due after more than one year
(1,834,522)
(1,789,512)
Provisions for liabilities
Net assets
217,244
208,049
Called up share capital
2
2
Revaluation reserve
7,145
7,145
Profit and loss account
210,097
200,902
Shareholders' funds
217,244
208,049
For the 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. 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by
K Holliday
Director
Company Registration No. 10607647
Lodgeway Properties Ltd
Notes to the Accounts
for the year ended 31 December 2025
Lodgeway Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10607647. The registered office is Venta House, 9a Port Road, Maesglas Retail Park,, Newport, NP20 2NS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Depreciated
Plant & machinery
10 years straight line
Motor vehicles
4 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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 accounts. 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.
Lodgeway Properties Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Total
At 31 December 2025
116,949
Charge for the year
22,313
At 31 December 2025
63,316
At 31 December 2025
53,633
At 31 December 2024
100,805
5
Deferred taxation
2025
2024
Accelerated capital allowances
-
4,330
Provision at start of year
4,330
6,940
Credited to the profit and loss account
(4,330)
(2,610)
Provision at end of year
-
4,330
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).