I Like That Property Lettings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12097271 (England and Wales)

I LIKE THAT PROPERTY LETTINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V P Sale

Mr M J Sale

Mrs C Hutchinson

SECRETARY:

Mrs V P Sale

REGISTERED OFFICE:

15 High Street

Brackley

Northamptonshire

NN13 7DH

REGISTERED NUMBER:

12097271 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

FIXED ASSETS

Tangible assets

4

10,055

10,329

Investment property

5

1,550,000

1,560,055

1,560,329

CURRENT ASSETS

Debtors

6

6,773

4,083

Cash at bank

56,676

79,676

63,449

83,759

CREDITORS

Amounts falling due within one year

7

13,299

12,156

NET CURRENT ASSETS

50,150

71,603

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,610,205

1,631,932

CREDITORS

Amounts falling due after more than one
year

8

(124,809

)

(124,809

)

PROVISIONS FOR LIABILITIES

(2,270

)

(2,029

)

NET ASSETS

1,483,126

1,505,094

CAPITAL AND RESERVES

Called up share capital

9

200

Share premium

1,424,900

Revaluation reserve

10

9,753

8,213

Retained earnings

48,273

71,781

SHAREHOLDERS' FUNDS

1,483,126

1,505,094

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 27 July 2026 and were signed on its behalf by:

Mrs C Hutchinson - Director

Mr M J Sale - Director

Mrs V P Sale - Director

1.	STATUTORY INFORMATION

I Like That Property Lettings 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 rounded to the nearest pound sterling (£).

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 is measured at the fair value of the consideration received or receivable. Turnover includes revenue received from the rental of properties owned, recognised when the obligation to receive rent becomes due. This is usually when the tenant has completed a rent period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on Cost

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.

The freehold buildings are depreciated at 1% on cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 April 2025

7,863

1,586

2,948

12,397

Additions

-

1,099

At 31 March 2026

7,863

1,586

4,047

13,496

DEPRECIATION

At 1 April 2025

-

758

1,310

2,068

Charge for year

-

207

1,166

1,373

At 31 March 2026

-

965

2,476

3,441

NET BOOK VALUE

At 31 March 2026

7,863

621

1,571

10,055

At 31 March 2025

7,863

828

1,638

10,329

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,558,213

Revaluations

1,540

At 31 March 2026

1,559,753

DEPRECIATION

At 1 April 2025

8,213

Charge for year

1,540

At 31 March 2026

9,753

NET BOOK VALUE

At 31 March 2026

1,550,000

At 31 March 2025

1,550,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2020

513

Valuation in 2021

1,540

Valuation in 2022

1,540

Valuation in 2023

1,540

Valuation in 2024

1,540

Valuation in 2025

1,540

Valuation in 2026

1,540

Cost

1,550,000

1,559,753

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

2,215

4,083

Deferred tax asset

4,558

-

6,773

4,083

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

496

-

Tax

-

853

Social security and other taxes

1,351

Other creditors

2,215

2,060

Directors' current accounts

7,144

5,838

Accrued expenses

2,093

2,054

13,299

12,156

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans more 5 yrs non-inst

124,809

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

124,809

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

200

Ordinary

£1

200

10.

RESERVES

Revaluation

reserve

£

At 1 April 2025

8,213

Revaluation

1,540

At 31 March 2026

9,753