Registered number
09999388
Lions River Limited
Unaudited Filleted Accounts
28 February 2023
Lions River Limited
Registered number: 09999388
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 619,052 564,366
Current assets
Debtors 4 297,928 221,404
Cash at bank and in hand 35,941 94,922
333,869 316,326
Creditors: amounts falling due within one year 5 (698,549) (748,728)
Net current liabilities (364,680) (432,402)
Total assets less current liabilities 254,372 131,964
Creditors: amounts falling due after more than one year 6 (23,979) (33,914)
Net assets 230,393 98,050
Capital and reserves
Called up share capital 100 100
Profit and loss account 230,293 97,950
Shareholder's funds 230,393 98,050
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Clements
Director
Approved by the board on 1 November 2023
Lions River Limited
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Investments
Other
investments
£
Cost
At 1 March 2022 564,366
Additions 54,686
At 28 February 2023 619,052
The investments consist of:
1. 7.5% of the share capital of Baker & McVeigh Lambourn Limited, a UK trading company. The directors consider that the value of the investment exceeds the cost at par shown above in these accounts (£8).

2. 7.5% of the share capital of Baker McVeigh and Abbott Limited, a UK trading company. The directors consider that the value of the investment exceeds the cost at par shown above in these accounts (£17,815).

3. 12.5% of the share capital of Baker McVeigh and Clements Limited, a UK trading company. The directors consider that the value of the investment exceeds the cost at par shown above in these accounts (£240,195).

4. 50% of the share capital of Hartpury Tithe Barn Limited, a UK Trading company. The directors considers that the value of the investment exceeds the cost at par shown above in these accounts (£50).

5. 24% of the share capital of Start Point Farms GP Limited, a company registered in New Zealand, which controls Start Point Farms Limited Partnership, a Limited Liability Partnership owning farming land in New Zealand. The funds invested represent capital committed in this LLP in the form of long terms liabilities. The directors considers that the value of the investment exceeds the cost of investment shown in these accounts (£360,949).

6. 10% of the share capital of Baker McVeigh Bahrain Limited, a UK trading company. The directors consider that the value of the investment exceeds the cost at par shown above in these accounts (£10).

7. 12.5% of the share capital of Hoyos Largos Limited, a UK trading company. The directors consider that the value of the investment exceeds the cost at par shown above in these accounts (£12).
8. 12.5% of the share capital of Longholes Equine Therapy Centre Limited, a UK trading company. The directors consider that the value of the investment exceeds the cost at par shown above in these accounts (£12).

9. 100% of Mallet Lifestyle Proprietary Limited, a company resident in South Africa. (£1).
4 Debtors 2023 2022
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 297,928 221,404
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 9,900 9,600
Amounts owed to group undertakings and undertakings in which the company has a participating interest 103,327 100,000
Other creditors 585,322 639,128
698,549 748,728
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 23,979 33,914
7 Related party transactions
The Directors provided interest free loans to the company. A Clements, £549,122 (2022: £567,28) and S Halm, £35,000 (2022: £70,000).
8 Controlling party
The controlling party is A Clements.
9 Other information
Lions River Limited is a private company limited by shares and incorporated in England. Its registered office is:
c/o Cowen Suite, Kinetic Centre
Theobald Street
Borehamwood
Herts.
WD6 4PJ
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