REGISTERED NUMBER: 04665422 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

C J LILLEY LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,537

3,271

Investment property

5

1,100,000

1,140,000

1,101,537

1,143,271

CURRENT ASSETS

Debtors

6

1,573

1,085

Cash at bank

7,002

2,103

8,575

3,188

CREDITORS

Amounts falling due within one year

7

289,125

439,633

NET CURRENT LIABILITIES

(280,550

)

(436,445

)

TOTAL ASSETS LESS CURRENT LIABILITIES

820,987

706,826

PROVISIONS FOR LIABILITIES

8

77,628

57,969

NET ASSETS

743,359

648,857

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

9

743,159

648,657

SHAREHOLDERS' FUNDS

743,359

648,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2026 and were signed by:

Mrs C J Lilley - Director

1.	STATUTORY INFORMATION

C J Lilley Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04665422

Registered office:

17 High Street

Cottenham

Cambridgeshire

CB24 8SA

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, 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.

Improvements to leasehold property

-

10% on reducing balance

Office & computer equipment

-

20% on reducing balance

Investment property

Investment properties are valued every 3 years on an open market basis by the director taking into account current market rents and investment property yields for comparable properties, adjusted if necessary for any difference in the nature, location and condition of the specific property. Any changes in value are charged or credited to the profit and loss account in accordance with FRS 102 Section 1A.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.	TANGIBLE FIXED ASSETS

Improvements

to

Office &

leasehold

computer

property

equipment

Totals

£

£

£

COST

At 1 March 2025

8,679

15,416

24,095

Disposals

(8,679

)

-

(8,679

)

At 28 February 2026

-

15,416

15,416

DEPRECIATION

At 1 March 2025

7,336

13,488

20,824

Charge for year

123

391

514

Eliminated on disposal

(7,459

)

-

(7,459

)

At 28 February 2026

-

13,879

13,879

NET BOOK VALUE

At 28 February 2026

-

1,537

1,537

At 28 February 2025

1,343

1,928

3,271

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

1,140,000

Disposals

(150,000

)

Revaluation in the year

110,000

At 28 February 2026

1,100,000

NET BOOK VALUE

At 28 February 2026

1,100,000

At 28 February 2025

1,140,000

Fair value at 28 February 2026 is represented by:

£

Valuation in 2020

786,467

Valuation in 2023

203,533

Valuation in 2026

110,000

1,100,000

If investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

626,632

771,632

Investment properties were valued on an open market basis on 28 February 2026 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

1,573

1,085

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

2,907

185

Other creditors

286,218

439,448

289,125

439,633

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

77,628

57,969

Deferred

tax

£

Balance at 1 March 2025

57,969

Accelerated capital allowances

(291

)

Gain on investment properties

19,950

Balance at 28 February 2026

77,628

Analysis of deferred tax provision:-

2026

2025

£

£

Accelerated capital allowances

116

407

Revaluation of investment properties

77,512

57,562

77,628

57,969

9.

RESERVES

Retained

earnings

£

At 1 March 2025

648,657

Profit for the year

96,502

Dividends

(2,000

)

At 28 February 2026

743,159

Included in reserves are unrealised non-distributable reserves in respect of the revaluation of investment properties amounting to £395,856 (2025 - £310,806).

10.	TRANSACTIONS WITH DIRECTOR

Included in other creditors falling due within in year is a loan from the director to the company amounting to £285,068 (2025 - £437,349). This loan is non-interest bearing and repayable on demand.

A dividend of £2,000 was paid to the director in the year (2025 - Nil).

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs C J Lilley.