REGISTERED NUMBER: 16136730 (England and Wales)

ILT Estates Limited

Financial Statements

For The Period 16th December 2024 to 31st March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

S S Hanspaul

Dr R Hanspaul

Mrs S K Hanspaul

REGISTERED OFFICE:

2 Seedfield Close

Northampton

Northamptonshire

NN3 3PA

REGISTERED NUMBER:

16136730 (England and Wales)

AUDITORS:

Cheney & Co

Statutory Auditor

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Tangible assets

4

3,133,429

CURRENT ASSETS

Debtors

5

28,130

Cash at bank

144,184

172,314

CREDITORS

Amounts falling due within one year

6

3,259,367

NET CURRENT LIABILITIES

(3,087,053

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,376

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

7

46,276

SHAREHOLDERS' FUNDS

46,376

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 8th September 2026 and were signed on its behalf by:

S S Hanspaul - Director

1.	STATUTORY INFORMATION

ILT Estates 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost and not provided

Plant and machinery etc

-

20% on cost

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.

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

3,137,414

2,858

3,140,272

At 31st March 2026

3,137,414

2,858

3,140,272

DEPRECIATION

Charge for period

6,748

95

6,843

At 31st March 2026

6,748

95

6,843

NET BOOK VALUE

At 31st March 2026

3,130,666

2,763

3,133,429

The land and buildings were acquired in the period with existing tenants for the use by other group companies.

This meant that rental income has been received in the year, while the tenants vacated.the property.

By the period end all the tenants had vacated the property therefore this means that in future there will not be any further external tenants and it will only be used for the purposes of the group.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

4,000

Other debtors

24,130

28,130

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

420

Amounts owed to group undertakings

3,224,975

Taxation and social security

16,720

Other creditors

17,252

3,259,367

7.

RESERVES

Retained

earnings

£

Profit for the period

46,276

At 31st March 2026

46,276

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

The Report of the Auditors was unqualified.

Paul Sparks FCA FCCA (Senior Statutory Auditor)

for and on behalf of Cheney & Co

9.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2026.

10.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2026.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Adara Group Limited.

The ultimate controlling party is Mrs S K Hanspaul..

The company's parent undertaking is Adara Group Limited, incorporated in England and Wales. The registered office address of Adara Group Limited is 2 Seedfield Close, Northampton, NN3 3PA. Group Consolidated Financial Statements are available upon request from Companies House, Crown Way, Cardiff, CF14 3UZ. The ultimate controlling party is Mrs. S. K. Hanspaul, a director of Adara Group Limited.