Company Registration No. 11970273 (England and Wales)
LEXI & JAY PARTNERS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
LEXI & JAY PARTNERS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
LEXI & JAY PARTNERS LTD
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
31 October 2024
30 April 2024
Notes
£
£
£
£
Current assets
Debtors
3
8,863
8,843
Cash at bank and in hand
2,753
827
11,616
9,670
Creditors: amounts falling due within one year
4
(9,386)
(6,570)
Net current assets
2,230
3,100
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
2,229
3,099
Total equity
2,230
3,100

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial Period ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 19 November 2024
Mr Russell Patten
Director
Company registration number 11970273 (England and Wales)
LEXI & JAY PARTNERS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 2 -
1
Accounting policies
Company information

Lexi & Jay Partners Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Town Square Islington, 250 City Road Development, 4 Macclesfield Road, Islington, London, EC1V 8DG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are not prepared on the going concern basis. The director has confirmed the company is to cease trading. Therefore there is no reasonable expectation the company will continue in operational existence.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.5
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

LEXI & JAY PARTNERS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2024
2024
Number
Number
Total
4
4
3
Debtors
2024
2024
Amounts falling due within one year:
£
£
Trade debtors
7,000
-
0
Corporation tax recoverable
84
23
Other debtors
1,779
8,820
8,863
8,843
4
Creditors: amounts falling due within one year
2024
2024
£
£
Trade creditors
7,623
67
Taxation and social security
1,485
1,485
Other creditors
278
5,018
9,386
6,570
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