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Company Registration No. 07886965 (England and Wales)
Lodestone Projects Limited Unaudited accounts for the year ended 31 December 2025
Lodestone Projects Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Lodestone Projects Limited Company Information for the year ended 31 December 2025
Directors
R Hall Gregory Edward Hall
Company Number
07886965 (England and Wales)
Registered Office
30 WINDERMERE DRIVE ALWOODLEY LEEDS WEST YORKSHIRE LS17 7UZ
Accountants
RAE Business Services (Yorkshire) Limited 167-169 Great Portland Street 5th Floor London W1W 5PF
- 3 -
Lodestone Projects Limited Accountants' report
Accountants' report to the board of directors of Lodestone Projects Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lodestone Projects Limited for the year ended 31 December 2025 as set out on pages 5 - 9 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lodestone Projects Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Lodestone Projects Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lodestone Projects Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lodestone Projects Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lodestone Projects Limited. You consider that Lodestone Projects Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lodestone Projects 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 accounts.
RAE Business Services (Yorkshire) Limited 167-169 Great Portland Street 5th Floor London W1W 5PF 7 September 2026
- 4 -
Lodestone Projects Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
66,227 
48,311 
Investment property
5
4,918,186 
3,988,677 
Investments
6
5,005 
5,000 
4,989,418 
4,041,988 
Current assets
Debtors
7
718,392 
753,171 
Cash at bank and in hand
226,485 
945,745 
944,877 
1,698,916 
Creditors: amounts falling due within one year
8
(65,291)
(20,488)
Net current assets
879,586 
1,678,428 
Total assets less current liabilities
5,869,004 
5,720,416 
Creditors: amounts falling due after more than one year
9
(1,906,181)
(1,906,181)
Provisions for liabilities
Deferred tax
10
(250,883)
(234,078)
Net assets
3,711,940 
3,580,157 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
890,175 
702,236 
Profit and loss account
2,821,665 
2,877,821 
Shareholders' funds
3,711,940 
3,580,157 
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2026 and were signed on its behalf by
R Hall Director Company Registration No. 07886965
- 5 -
Lodestone Projects Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Lodestone Projects Limited is a private company, limited by shares, registered in England and Wales, registration number 07886965. The registered office is 30 WINDERMERE DRIVE, ALWOODLEY, LEEDS, WEST YORKSHIRE, LS17 7UZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 6 -
Lodestone Projects Limited Notes to the Accounts for the year ended 31 December 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2025
47,428 
7,000 
46,136 
41,433 
141,997 
Additions
7,322 
- 
21,815 
- 
29,137 
At 31 December 2025
54,750 
7,000 
67,951 
41,433 
171,134 
Depreciation
At 1 January 2025
27,643 
7,000 
24,060 
34,983 
93,686 
Charge for the year
5,517 
- 
4,415 
1,289 
11,221 
At 31 December 2025
33,160 
7,000 
28,475 
36,272 
104,907 
Net book value
At 31 December 2025
21,590 
- 
39,476 
5,161 
66,227 
At 31 December 2024
19,785 
- 
22,076 
6,450 
48,311 
5
Investment property
2025 
£ 
Fair value at 1 January 2025
3,988,677 
Additions
678,924 
Net gain from fair value adjustments
250,585 
At 31 December 2025
4,918,186 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2025
5,000 
Additions
5 
Valuation at 31 December 2025
5,005 
- 7 -
Lodestone Projects Limited Notes to the Accounts for the year ended 31 December 2025
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
6,755 
- 
Trade debtors
63,663 
1,679 
Amounts due from group undertakings etc.
590,584 
546,010 
Accrued income and prepayments
2,390 
2,390 
Other debtors
5,000 
3,092 
668,392 
553,171 
Amounts falling due after more than one year
Other debtors
50,000 
200,000 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
126 
Trade creditors
61,292 
11,015 
Amounts owed to group undertakings and other participating interests
- 
3,561 
Taxes and social security
3,683 
4,864 
Other creditors
260 
866 
Accruals
56 
56 
65,291 
20,488 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,906,037 
1,906,037 
Loans from directors
144 
144 
1,906,181 
1,906,181 
Aggregate of amounts that fall due for payment after five years
1,906,181 
1,906,181 
Included in long term creditors is a loan secured on the investment properties. A personal guarantee has been provided.
10
Deferred taxation
2025 
2024 
£ 
£ 
Revaluation of investment property
296,725 
234,078 
Tax losses carried forward
(45,842)
- 
250,883 
234,078 
2025 
2024 
£ 
£ 
Provision at start of year
234,078 
- 
Charged to the profit and loss account
16,805 
234,078 
Provision at end of year
250,883 
234,078 
- 8 -
Lodestone Projects Limited Notes to the Accounts for the year ended 31 December 2025
11
Transactions with related parties
Included in debtors is a loan of £590,573 (2024 - £542,449) to group companies. Included in debtors is a related company loan of £50,000 (2024 - £200,000). All loans are interest-free and repayable on demand.
12
Controlling party
Lodestone Holdings Limited 30 Windermere Drive Leeds West Yorkshire LS17 7UZ England
13
Average number of employees
During the year the average number of employees was 3 (2024: 2).
- 9 -