REGISTERED NUMBER: 04766717 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5TH APRIL 2025

FOR

LANDBANK MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Brown

H E Brown

SECRETARY:

C Brown

REGISTERED OFFICE:

Coxeys Accountants

25 Grosvenor Road

Grosvenor Road

Wrexham

LL11 1BT

REGISTERED NUMBER:

04766717 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

FIXED ASSETS

Tangible assets

4

27,294

27,294

CURRENT ASSETS

Debtors

5

-

8,500

Cash at bank

16,456

18,406

16,456

26,906

CREDITORS

Amounts falling due within one year

6

13,298

24,721

NET CURRENT ASSETS

3,158

2,185

TOTAL ASSETS LESS CURRENT LIABILITIES

30,452

29,479

CAPITAL AND RESERVES

Called up share capital

7

2

2

Revaluation reserve

8

15,000

15,000

Retained earnings

8

15,450

14,477

SHAREHOLDERS' FUNDS

30,452

29,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2025 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 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 5th September 2025 and were signed on its behalf by:

C Brown - Director

1.	STATUTORY INFORMATION

Landbank Management 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 the 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.

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 6th April 2024

and 5th April 2025

27,294

NET BOOK VALUE

At 5th April 2025

27,294

At 5th April 2024

27,294

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade debtors

-

8,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Tax

228

615

Other creditors

-

3,600

Related party creditor

1,775

1,775

Road user fund

2,311

4,730

Directors' current accounts

8,335

14,001

Accrued expenses

649

-

13,298

24,721

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.25

5.4.24

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 6th April 2024

14,477

15,000

29,477

Profit for the year

973

973

At 5th April 2025

15,450

15,000

30,450

9.	CAPITAL COMMITMENTS

5.4.25

5.4.24

£

£

Contracted but not provided for in the

financial statements

-

-

10.	ROAD USER FUND BALANCES

The balance shown in the road user fund of £2,311 (2024: £4,730) relates to retained fund values for each of the 5 dwellings contributing towards the roadway maintenance fund.

Total

Barn 1

Barn 2

Barn 3

Gatewen Hall

The Stables

Balance b/fwd

4,730

1,024

1,079

1,263

941

423

Monthly income

2,280

480

480

360

480

480

Costs recharged

(4,700

)

(940

)

(940

)

(940

)

(940

)

(940

)

Balance c/fwd

2,311

564

619

683

481

(37

)