Company registration number SC644134 (Scotland)
L & B PROPERTY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
L & B PROPERTY LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
822,129
774,373
Current assets
11,228
6,183
Creditors: amounts falling due within one year
(481,458)
(480,435)
Net current liabilities
(470,230)
(474,252)
Total assets less current liabilities
351,899
300,121
Creditors: amounts falling due after more than one year
(35,021)
(44,492)
Net assets
316,878
255,629
Capital and reserves
316,878
255,629
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
At 31 October 2025, the company has a loan of £38,941 (2024: £47,560) outstanding to the Bank of Scotland PLC, which it has provided a floating security over the assets of the company and a fixed security over 10 Beresford Terrace, Ayr, KA7 2EG, 29 Portland Street, Troon, KA10 6AA and 66 Main Street, Largs, KA30 8AL.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
2
2
L & B Property Limited is a private company limited by shares incorporated in Scotland. The registered office is 24 Lewis Gardens, Ayr, KA7 4GG.
For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
L & B PROPERTY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 30 January 2026 and are signed on its behalf by:
Mr B Patterson
Mrs L Shirra
Director
Director
Company registration number SC644134 (Scotland)