Lions Properties Ltd
Exception report
for the year ended 30 September 2025
The following differences exist between the previous year’s closing balances per the accounts and the current year’s opening balances per the Trial Balance:
Investment property
Opening balance at 1 October 2024 per TB

Balance at 30 September 2024 per accounts

Difference
£ £ £
Investment property - net book value 669,500 460,000 209,500
Reserves
Opening balance at 1 October 2024 per TB

Balance at 30 September 2024 per accounts

Difference
£ £ £
Revaluation reserve (Account 970) 209,500 209,500 -
Profit and loss account (Account 968) 10,867 10,867 -
220,367 10,867 209,500
This page does not form part of the statutory financial statements.
Company registration number: 12201673
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
Lions Properties Ltd
Pages for filing with the Registrar
Company registration number: 12201673
Lions Properties Ltd
Balance sheet
as at 30 September 2025
30 Sep 25 30 Sep 24
Note £ £ £ £
Fixed assets
Tangible assets 4 1,098 3,640
Investment property 5 669,500 460,000
670,598 463,640
Current assets
Debtors 6,809 46,180
Cash at bank and in hand 4,377 5
11,186 46,185
Creditors: amounts falling due within one year
(204,505) (259,308)
Net current liabilities (193,319) (213,123)
Total assets less current liabilities 477,279 250,517
Creditors: Amounts falling due after more than one year
6 (258,875) (30,147)
NET ASSETS 218,404 220,370
Capital and reserves
Called up share capital 3 3
Revaluation reserve 209,500 209,500
Profit and loss account 8,901 10,867
TOTAL EQUITY 218,404 220,370
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12201673
Lions Properties Ltd
Balance sheet - continued
as at 30 September 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr B Mvundura, Director
31 October 2026
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Lions Properties Ltd
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
Lions Properties Ltd is a private company registered in England and Wales. Its registered number is 12201673. The company is limited by shares. Its registered office is 2 Slater Street, Leicester, LE3 5AS.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% straight line
Fixtures & fittings - 20% straight line
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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Lions Properties Ltd
Notes to the financial statements - continued
for the year ended 30 September 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 October 2024 12,710
At 30 September 2025 12,710
Depreciation
At 1 October 2024 9,070
Charge for year 2,542
At 30 September 2025 11,612
Net book value
At 30 September 2025 1,098
At 30 September 2024 3,640
Cost or valuation at 30 September 2025 is represented by:
Plant and machinery etc.

£
Valuation in 2025 12,710
Cost -
12,710
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Lions Properties Ltd
Notes to the financial statements - continued
for the year ended 30 September 2025
5 Investment property
£
Valuation
At 1 October 2024 669,500
At 30 September 2025 669,500
6 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
30 Sep 25 30 Sep 24
£ £
Repayable otherwise than by instalments
Other creditors 23,174 30,147
7 Secured debts
The company’s borrowing facilities are secured by a first legal charge in favour of the lender over the company’s investment properties.
8 Share capital
The allotted, called-up and fully paid share capital of the company comprises 3 ordinary shares of £1 each, amounting to £3 (2024: £3).
9 Related party transactions
At 30 September 2025, the company owed £30,270 to its director, Mr B Mvundura (2024: £46,280). No interest was charged by the director on the outstanding loan balance during the financial year.
10 Capital commitments
The company had no capital commitments at 30 September 2025.
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