REGISTERED NUMBER: 15412350 (England and Wales)

Unaudited Financial Statements

for the Period 1 February 2025 to 31 March 2026

for

LWF PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

N Enefer

Mrs S N Enefer

SECRETARY:

REGISTERED OFFICE:

Unit E

Halesfield 13

Telford

Shropshire

TF7 4PL

REGISTERED NUMBER:

15412350 (England and Wales)

ACCOUNTANTS:

CHEADLES

Chartered Accountants

Telegraph House

59 Wolverhampton Road

Stafford

Staffordshire

ST17 4AW

FIXED ASSETS

Investment property

4

362,995

-

CURRENT ASSETS

Cash at bank

6,737

80,000

CREDITORS

Amounts falling due within one year

5

116,396

81,377

NET CURRENT LIABILITIES

(109,659

)

(1,377

)

TOTAL ASSETS LESS CURRENT LIABILITIES

253,336

(1,377

)

CREDITORS

Amounts falling due after more than one year

6

(245,250

)

-

PROVISIONS FOR LIABILITIES

(2,850

)

-

NET ASSETS/(LIABILITIES)

5,236

(1,377

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

12,150

-

Retained earnings

(7,014

)

(1,477

)

5,236

(1,377

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

N Enefer - Director

1.	STATUTORY INFORMATION

LWF Properties 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements, estimates and assumptions that affect the amounts reported for the assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

347,995

Revaluations

15,000

At 31 March 2026

362,995

NET BOOK VALUE

At 31 March 2026

362,995

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

15,000

Cost

347,995

362,995

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.1.25

£

£

Trade creditors

-

88

Other creditors

116,396

81,289

116,396

81,377

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.1.25

£

£

Bank loans

245,250

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

245,250

-

7.

RESERVES

Fair

value

reserve

£

Reserve Transfer

12,150

At 31 March 2026

12,150

8.	RELATED PARTY DISCLOSURES

As at the year end the company owed Retail Furniture Limited £114,415 (2025 - £80,399), a company that the director Mr N Enefer is also a director of.

Interest has been paid on the loan at a rate of 3.75% annum.

9.	ULTIMATE CONTROLLING PARTY

The directors own 100% of the share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LWF Properties Limited for the period ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of LWF Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LWF Properties Limited and state those matters that we have agreed to state to the Board of Directors of LWF Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LWF Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that LWF Properties Limited 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 LWF Properties Limited. You consider that LWF Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of LWF Properties Limited. 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.

CHEADLES

Chartered Accountants

Telegraph House

59 Wolverhampton Road

Stafford

Staffordshire

ST17 4AW

8 September 2026