Land Property Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04722544 (England and Wales)

LAND PROPERTY HOLDINGS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

DIRECTORS:

L S Neilson

A G Doyle

N C S Robson

D J Winch

SECRETARY:

A G Doyle

REGISTERED OFFICE:

1 Quay Point

Station Road

Woodbridge

Suffolk

IP12 4AL

REGISTERED NUMBER:

04722544 (England and Wales)

AUDITORS:

Berringers LLP

Chartered Accountants

and Statutory Auditors

3rd Floor, Imperial House

21 - 25 North Street

Bromley

Kent

BR1 1SD

FIXED ASSETS

Investments

4

2,512,515

Investment property

5

8,025,000

7,765,000

10,537,515

10,277,515

CURRENT ASSETS

Debtors

6

252,614

249,985

Cash at bank

107,142

133,159

359,756

383,144

CREDITORS

Amounts falling due within one year

7

3,511,875

2,978,825

NET CURRENT LIABILITIES

(3,152,119

)

(2,595,681

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,385,396

7,681,834

CREDITORS

Amounts falling due after more than one
year

8

4,560,000

5,360,000

NET ASSETS

2,825,396

2,321,834

CAPITAL AND RESERVES

Called up share capital

8

Retained earnings

2,825,388

2,321,826

SHAREHOLDERS' FUNDS

2,825,396

2,321,834

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 Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

D J Winch - Director

1.	STATUTORY INFORMATION

Land Property Holdings 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.

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the

amounts reported for revenues and expenditures during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Management do not consider that there is a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period.

Going Concern

The Directors have considered the current economic and financial situation against the Company's activities, income and expenditure and have concluded that the current risks to the Company are not significant and that no additional provisions need to be made. It is the Directors' opinion that the Company will be a going concern for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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.

Going concern

It is the directors' opinion that the company is a going concern for the foreseeable future.

Debtors

Short term debtors are measures at transaction price, less any impairment. Loans receivable are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the

effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks. Bank overdrafts, when applicable are shown within borrowings in current liabilities.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are

measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

2,512,515

NET BOOK VALUE

At 31 March 2026

2,512,515

At 31 March 2025

2,512,515

The company's investments at the Balance sheet date in the share capital of companies include the following:

Ash Corporate Finance (Maidstone) Limited

Registered office: 1 Quay Point,Station Road,Woodbridge, Suffolk, IP12 4AL

Nature of business: Property Investment

%

Class of shares:

holding

Ordinary

100.00

2026

2025

£

Aggregate capital and reserves

2,180,404

2,489,589

(Loss)/profit for the year

(149,685

)

120,921

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

7,765,000

Revaluations

260,000

At 31 March 2026

8,025,000

NET BOOK VALUE

At 31 March 2026

8,025,000

At 31 March 2025

7,765,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

1,246,937

Cost

6,778,063

8,025,000

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

2026

2025

£

Cost

6,778,063

Investment property was valued on an open market basis on 31 March 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

88,540

98,402

Other debtors

164,074

151,583

252,614

249,985

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other loans (see note 9)

160,000

Trade creditors

32,906

43,433

Amounts owed to group undertakings

59,250

56,250

Taxation

(37

)

-

VAT

8,263

7,633

Other creditors

3,248,993

2,709,009

Directors' loan accounts

2,500

3,511,875

2,978,825

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans (see note 9)

4,500,000

Other loans (see note 9)

60,000

860,000

4,560,000

5,360,000

Amounts falling due in more than five years:

Repayable by instalments

Other Loans

-

220,000

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

Amounts falling due within one year or on demand:

Other Loans

160,000

Amounts falling due between one and two years:

Other Loans

60,000

160,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

4,500,000

Other Loans

-

480,000

4,500,000

4,980,000

Amounts falling due in more than five years:

Repayable by instalments

Other Loans

-

220,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

4,500,000

The bank loans are secured by way of legal charges over the properties at 23 The Spires Dartford Kent, 82 High Street Ramsgate Kent, 485a Upper Brentwood Road Gidea Park Romford Essex, 15 The Paragon Ramsgate Kent, 2A The Walk Beccles Suffolk, Unit A5 Ransomes Europark Ipswich, 4 and 4A The Thoroughfare Woodbridge Suffolk, 4 St Martins Close Canterbury Kent, 33 and 34 The Broadway Woodford, and 15 Albion Place Ramsgate Kent and a debenture over all the assets and undertakings of the company.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the auditors was unqualified.

Ricky Hutson BSc FCCA ACA (Senior Statutory Auditor)

for and on behalf of Berringers LLP

12.	RELATED PARTY DISCLOSURES

Included in other creditors are amounts owing by the company to connected companies of £2,143,733 (2025-£1,603,773) to Ash Corporate Finance (Hampstead) Ltd, £59,250 (2025-56,250) to Ash Corporate Finance (Maidstone) Ltd, £341,960 (2025-£341,960) to Winro Ltd, £45,238 (2025-£45,238) to Ash Corporate Finance (Altnagelvin) Ltd, £483,684 (2025-£483,684) to The Land Group Investments Ltd, £4,005 (2025-£4,005) to Neilson Project Services Ltd and £39,000 (2025-£39,000) to Ash Corporate Finance (Suffolk) Ltd.

Included in other debtors is an amount owing to the company of £28,000 (2025-£28,000) by Ash Corporate Finance Ltd a connected company and £2,349 to (2025 £1,909 owed by) The Land Group London LLP in which the directors are members.. Also included is £82,577 (2025-£82,577) due from Fressingfield Land LLP in which the directors are members.

Included in management fees are amounts of £41,878 (2025-£245,846) paid to Land Group London LLP.

As at the balance sheet date, the company owed the directors the sum of £2,500 (2025-£2,500).

Other Loans are from related parties, including the directors. These loans are interest free and repayable over a period of 15 years.