REGISTERED NUMBER: 11700431 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Lorica Property Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs C Barnard

P Barnard

REGISTERED OFFICE:

Black Barn

Gay Dawn Farm

Valley Road

Fawkham

Kent

DA3 8LY

REGISTERED NUMBER:

11700431 (England and Wales)

ACCOUNTANTS:

Haxell Giddings Limited

Black Barn

Gay Dawn Farm

Valley Road

Fawkham

Kent

DA3 8LY

FIXED ASSETS

Tangible assets

4

352,261

353,375

CURRENT ASSETS

Cash at bank

6,201

15,918

CREDITORS

Amounts falling due within one year

5

459,242

443,253

NET CURRENT LIABILITIES

(453,041

)

(427,335

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(100,780

)

(73,960

)

PROVISIONS FOR LIABILITIES

18,246

18,246

NET LIABILITIES

(119,026

)

(92,206

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Fair value reserve

8

61,369

61,369

Retained earnings

(180,495

)

(153,675

)

SHAREHOLDERS' FUNDS

(119,026

)

(92,206

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

P Barnard - Director

1.	STATUTORY INFORMATION

Lorica Property Investments Ltd 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

Going Concern

The company's liabilities exceeded its assets as at the year end. These financial statements have been prepared on a going concern basis on the basis that the company will continue to be supported by its creditors.

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.

Plant and machinery etc

-

33% on reducing balance

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

350,000

21,104

371,104

DEPRECIATION

At 1 January 2025

-

17,729

17,729

Charge for year

-

1,114

1,114

At 31 December 2025

-

18,843

18,843

NET BOOK VALUE

At 31 December 2025

350,000

2,261

352,261

At 31 December 2024

350,000

3,375

353,375

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

254,870

254,871

Taxation and social security

575

575

Other creditors

203,797

187,807

459,242

443,253

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

254,870

254,871

Aldermore Bank, Landbay Partners and Kent Reliance hold fixed charges on freehold properties held by the company.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

61,369

9.	RELATED PARTY DISCLOSURES

At the 31 December 2025 the company owed to Mr & Mrs Barnard - Directors £ 117,877 (2024 £ 65,312).

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Barnard.