REGISTERED NUMBER: 05774959 (England and Wales)

LOTUS MEDICAL ESTATES LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A K Sahdev

D Ratneswaran

SECRETARY:

A K Sahdev

REGISTERED OFFICE:

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

REGISTERED NUMBER:

05774959 (England and Wales)

AUDITORS:

Miller & Co

Statutory Auditor

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Investment property

5

4,700,000

4,000,000

CURRENT ASSETS

Debtors

6

25,234

29,660

Cash at bank

24,998

17,693

50,232

47,353

CREDITORS

Amounts falling due within one year

7

378,428

485,510

NET CURRENT LIABILITIES

(328,196

)

(438,157

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,371,804

3,561,843

CREDITORS

Amounts falling due after more than one year

8

2,374,021

2,422,187

NET ASSETS

1,997,783

1,139,656

CAPITAL AND RESERVES

Called up, paid and allotted share capital

200

200

Non-distributable reserves

182,286

182,286

Retained earnings

1,815,297

957,170

SHAREHOLDERS' FUNDS

1,997,783

1,139,656

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 19 July 2026 and were signed on its behalf by:

A K Sahdev - Director

1.	STATUTORY INFORMATION

Lotus Medical 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

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 as modified by the revaluation of certain assets.

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.

Financial instruments

Derivative financial instruments are recognised at fair value using a valuation technique with any gains or losses being reported in profit or loss.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Going concern

The accounts have been prepared on the going concern basis which is considered appropriate by the directors. The company has been financially supported by loans from the bank and the directors. The company is operating within its banking facilities and will continue to be supported financially by the directors.

4.	EMPLOYEES AND DIRECTORS

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

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

4,000,000

Revaluations

700,000

At 30 September 2025

4,700,000

NET BOOK VALUE

At 30 September 2025

4,700,000

At 30 September 2024

4,000,000

Investment property was valued on an open market basis by the directors.

If investment properties had not been revalued they would have been included at historical cost totalling £3,817,714.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

16,603

7,228

Other debtors

8,631

22,432

25,234

29,660

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

53,015

66,122

Derivative financial liability

245,757

334,649

Trade creditors

6,549

158

Tax

46,083

-

VAT

1,098

2,637

Other creditors

-

227

Directors' current accounts

7,900

51,900

Accrued expenses

18,026

29,817

378,428

485,510

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

55,666

69,428

Bank loans - 2-5 years

184,261

229,816

Bank loans more than 5 years

2,134,094

2,122,943

2,374,021

2,422,187

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

2,134,094

2,122,943

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,427,036

2,488,309

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

The Report of the Auditors was unqualified.

S Healy (Senior Statutory Auditor)

for and on behalf of Miller & Co

11.	RELATED PARTY DISCLOSURES

Loan Accounts

The directors operate loan accounts with the company. At the year end, the directors were owed £7,900.