BARCLAYS LONG ISLAND LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  +28.8%

  £30,615,567 → £39,442,191

• Net assets

  -21.7%

  £84,909,577 → £66,516,468

• Employees

  —

  Not reported

• Profit before tax

  -8.9%

  £26,266,379 → £23,924,218

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. BARCLAYS LONG ISLAND LIMITED 2008-11-19 → present
2. SWALEBAY LIMITED 2008-10-06 → 2008-11-19

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After evaluating the Company's business activities, financial position, capital, factors likely to affect its future development and performance, and its objectives and policies in managing the financial risks to which it is exposed, for at least the next 12 months from the date of signing these financial statements, the Company may be reliant on Barclays Bank PLC to meet its liabilities as they fall due for that period. Barclays Bank PLC has indicated its intention to continue to make available funds as needed by the Company for the period covered by the forecasts. Therefore, the Directors are satisfied that the Company has adequate access to resources to enable it to meet its obligations and to continue in operational existence for the foreseeable future.”

Group structure

1. BARCLAYS LONG ISLAND LIMITED · parent
   1. Long Island Assets Limited 100% · London
   2. Real Estate Participation Services Limited 100% · London
   3. US Real Estate Holdings No.2 Limited 100% · London

Significant events

• “The Company's GBP denominated assets and liabilities were repaid/settled and its entire issued share capital redenominated from GBP to US Dollars. The Company's functional currency (and presentation currency) changed from GBP to US Dollars on 1 January 2025. The Company's previous fair value hedge designations for foreign exchange rate risk were de-designated.”
• “The Company issued a prepayment notice and subsequently prepaid its borrowing from Long Island Assets Limited ('LIAL') with a principal of approximately $556m.”
• “LIAL declared an interim dividend of $500m and subsequently paid this to the Company.”
• “The Company borrowed approximately $59m under a new loan from its parent Barclays Bank PLC to fund the difference between the prepayment of its borrowing from LIAL (including accrued interest) and the receipt of the dividend from LIAL.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.