LNE Property LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11157945

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,620		14,430

			9,620		14,430
CURRENT ASSETS
Stocks	5	265,036		222,113
Cash at bank and in hand		2,113		3,073

		267,149		225,186
Creditors: Amounts Falling Due Within One Year	6	(216,220 )		(150,611 )

NET CURRENT ASSETS (LIABILITIES)			50,929		74,575

TOTAL ASSETS LESS CURRENT LIABILITIES			60,549		89,005

NET ASSETS			60,549		89,005

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			60,548		89,004

SHAREHOLDERS' FUNDS			60,549		89,005

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LNE Property LTD

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Luke Elphick

Director

9th September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

LNE Property LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11157945 . The registered office is 21 Botts Lane, Appleby Magna, DE12 7AL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No Depreciation charged in period
Plant & Machinery	Straight Line over 5 years

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

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LNE Property LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 February 2025	36,250

As at 31 January 2026	36,250

Depreciation
As at 1 February 2025	21,820
Provided during the period	4,810

As at 31 January 2026	26,630

Net Book Value
As at 31 January 2026	9,620

As at 1 February 2025	14,430

5. Stocks

	2026	2025
	£	£
Stock	265,036	222,113

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	1,622	4,500
Corporation tax	(260 )	(260 )
Other taxes and social security	378	-
Other creditors	90,014	36,095
Director's loan account	124,466	110,276

	216,220	150,611

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

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