REGISTERED NUMBER: 08718203 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

LANDY PARTNERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B D G Moute

REGISTERED OFFICE:

52a Cromwell Road

London

SW7 5BE

REGISTERED NUMBER:

08718203 (England and Wales)

SENIOR STATUTORY AUDITOR:

Andrew Green LLB FCA

AUDITORS:

THP Limited

Chartered Accountants

and Statutory Auditors

34-40 High Street

Wanstead

London

E11 2RJ

CURRENT ASSETS

Debtors

5

149,820

135,721

Investments

6

135,567

67,160

Cash at bank

327,667

279,144

613,054

482,025

CREDITORS

Amounts falling due within one year

7

223,068

121,052

NET CURRENT ASSETS

389,986

360,973

TOTAL ASSETS LESS CURRENT LIABILITIES

389,986

360,973

CAPITAL AND RESERVES

Called up share capital

111

111

Share premium

99,989

99,989

Retained earnings

289,886

260,873

SHAREHOLDERS' FUNDS

389,986

360,973

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 director and authorised for issue on 12 May 2026 and were signed by:

B D G Moute - Director

1.	STATUTORY INFORMATION

Landy Partners 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

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

The Company generates revenue from annual service contracts with customers. Revenue from service contracts with fixed annual fees is recognised using the straight-line method over the contractual period.

Financial instruments

The company has chosen to adopt Sections 11 and 12 of FRS102 in respect of financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently carried at this value less any provision for impairment.

Cash and cash equivalents

Cash and cash equivalents in the balance sheet represent cash at bank and in hand.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit or loss under operating expenses.

The carrying value of all short-term financial assets and liabilities are measured at amortised cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Current asset investments such as equities, bonds and similar listed instruments, are included at fair value where this can be reliably measured. Otherwise they are included at amortised cost less any provision for impairment.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

11,758

-

Other debtors

53,401

-

VAT

9,481

8,730

Prepayments and accrued income

75,180

77,132

149,820

85,862

Amounts falling due after more than one year:

Other debtors

-

49,859

Aggregate amounts

149,820

135,721

The repayment terms of the loan included within other debtors were renegotiated in the prior year. The agreed repayment date remains 30 November 2026. As this date falls within twelve months of the balance sheet date, the balance has been reclassified as a current debtor.

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

135,567

67,160

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

33,161

32,223

Trade creditors

52,460

53,014

Corporation tax

-

1,911

Social security and other taxes

2,824

3,047

Other creditors

100,694

2,203

Directors' current accounts

-

320

Accruals and deferred income

33,929

28,334

223,068

121,052

The company holds investments through a brokerage margin account. As at the balance sheet date, investment assets of £135,567 (2024: £67,160) were held, partially funded by a margin loan of £33,161 (2024: £32,223), including accrued interest. The margin loan is secured on the investments to which it relates and repayable on demand. Interest is charged at market rates.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Green LLB FCA (Senior Statutory Auditor)

for and on behalf of THP Limited

9.	RELATED PARTY DISCLOSURES

During the year, the Company was charged £266,917 (2024: £172,416) in consultancy expenses by Landy Tech Limited, a company with a common director. At the balance sheet date, the Company owed £150,846 (2024: £50,314) to Landy Tech Limited.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is B D G Moute.