ACCOUNTS - Final Accounts preparation

Registered number: 16425859

LITTLE PEAS PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2026

LITTLE PEAS PROPERTIES LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 6

LITTLE PEAS PROPERTIES LIMITED

REGISTERED NUMBER: 16425859

BALANCE SHEET

AS AT 31 MAY 2026

		2026
Note		£

Fixed assets
Tangible assets	4		448
Investment property	5		539,281
			539,729
Current assets
Debtors: amounts falling due within one year	6	2,324
Cash at bank and in hand	7	100
		2,424
Creditors: amounts falling due within one year	8	(550,041)
Net current liabilities			(547,617)
Total assets less current liabilities			(7,888)

Net liabilities			(7,888)

Capital and reserves
Called up share capital	9	100
Profit and loss account		(7,988)
		(7,888)

LITTLE PEAS PROPERTIES LIMITED

REGISTERED NUMBER: 16425859

BALANCE SHEET (CONTINUED)

AS AT 31 MAY 2026

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

K R Malik

Director

Date: 20 October 2026

The notes on pages 3 to 6 form part of these financial statements.

LITTLE PEAS PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2026

1.	General information

Little Peas Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 16425859. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The company was incorporated on 2 May 2025 and commenced trading on 1 May 2026.

The principal activity of the company is property investment and rental activities.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on the going concern basis as the shareholders have confirmed they will continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

2.4

Turnover

Turnover comprises the fair value of consideration receivable from rental income derived from the
company's investment property activities, net of discounts and excluding VAT.

Rental income is recognised on a straight-line basis over the term of the lease.

Turnover is recognised only when it is probable that the economic benefits will flow to the company and the amount can be measured reliably.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

LITTLE PEAS PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2026

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings

20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.9

Creditors

Short-term creditors are measured at the transaction price.

2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from other third parties and loans to related parties.

Employees

The average monthly number of employees, including the director, during the period was 1.

LITTLE PEAS PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2026

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost or valuation
	At 2 May 2025	-
	Additions	456
	At 31 May 2026	456
	Depreciation
	Charge for the period	8
	At 31 May 2026	8
	Net book value
	At 31 May 2026	448

5.	Investment property

		Freehold Investment Property
		£
	Valuation
	At 2 May 2025	-
	Additions at cost	539,281
	At 31 May 2026	539,281

The 2026 valuations were made by the director, on an open market value basis.

Debtors

					2026
					£


	Prepayments	2,324

LITTLE PEAS PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MAY 2026

7.	Cash and cash equivalents
		2026
		£

	Cash at bank and in hand	100

8.	Creditors: amounts falling due within one year
		2026
		£

	Other creditors	547,569
	Accruals	2,472
		550,041

9.	Share capital
		2026
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

100 Ordinary shares of £1 each were issued on incorporation at an aggregate nominal value of £100.

10.	Related party transactions
	Included within other creditors at the year end is a balance totalling £547,569 due to the director. The loan is interest free and repayable on demand.