REGISTERED NUMBER: 11767572 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

LTE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

L Everett

REGISTERED OFFICE:

Tree Tops

1 Upper Cliffe

Great Harwood

Blackburn

Lancashire

BB6 7PW

REGISTERED NUMBER:

11767572 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Investment property

4

952,226

814,676

CURRENT ASSETS

Debtors

5

668

668

Cash at bank

24,767

49,560

25,435

50,228

CREDITORS

Amounts falling due within one year

6

278,668

204,892

NET CURRENT LIABILITIES

(253,233

)

(154,664

)

TOTAL ASSETS LESS CURRENT LIABILITIES

698,993

660,012

CREDITORS

Amounts falling due after more than one year

7

592,530

570,378

NET ASSETS

106,463

89,634

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

65,228

65,228

Retained earnings

41,135

24,306

SHAREHOLDERS' FUNDS

106,463

89,634

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

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

The director acknowledges his 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 director and authorised for issue on 21st September 2026 and were signed by:

L Everett - Director

1.	STATUTORY INFORMATION

LTE 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.

Turnover

Turnover represents rental income receivable.

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 year 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 year 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 year was 1 (2025 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2025

814,676

Additions

137,550

At 31st January 2026

952,226

NET BOOK VALUE

At 31st January 2026

952,226

At 31st January 2025

814,676

Fair value at 31st January 2026 is represented by:

£

Valuation in 2026

952,226

If investment property had not been revalued it would have been included at the following historical cost:

31.1.26

31.1.25

£

£

Cost

886,998

749,448

Investment property was valued on fair value basis basis on 31st January 2025 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other debtors

668

668

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Mortgage loans and overdrafts

78,127

2,397

Taxation and social security

4,367

931

Other creditors

196,174

201,564

278,668

204,892

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Mortgage loans

592,530

570,378

31.1.26

31.1.25

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgage loans

553,124

453,124

Repayable by instalments

Mortgage loans

28,872

30,990

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Mortgage loans

670,657

572,775

Mortgage loans are secured on the assets to which they relate.

9.

RESERVES

Revaluation

reserve

£

At 1st February 2025

and 31st January 2026

65,228

The following reproduces the text of the report prepared for the director 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 Director 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 LTE Properties Limited for the year ended 31st January 2026 which comprise the Income Statement, Balance Sheet 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 director of LTE Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LTE Properties Limited and state those matters that we have agreed to state to the director of LTE Properties Limited 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 LTE Properties Limited and its director for our work or for this report.

It is your duty to ensure that LTE 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 LTE Properties Limited. You consider that LTE Properties 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 financial statements of LTE 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.

Ainsworths Limited

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

21st September 2026