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REGISTERED NUMBER: 02242735 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Lizard Securities Limited

Lizard Securities Limited (Registered number: 02242735)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Lizard Securities Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs S Poulton





SECRETARY: Mrs S Poulton





REGISTERED OFFICE: 189, Lynchford Road
Farnborough
Hampshire
GU14 6HD





REGISTERED NUMBER: 02242735 (England and Wales)





ACCOUNTANTS: Graham Best & Co
189 Lynchford Road
Farnborough
Hampshire
GU14 6HD

Lizard Securities Limited (Registered number: 02242735)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 903,000 903,000
Investments 5 1,097,511 1,030,543
2,000,511 1,933,543

CURRENT ASSETS
Debtors 6 5,000 5,000
Cash at bank 174,978 215,479
179,978 220,479
CREDITORS
Amounts falling due within one year 7 56,671 56,502
NET CURRENT ASSETS 123,307 163,977
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,123,818

2,097,520

CAPITAL AND RESERVES
Called up share capital 19,082 19,082
Share premium 310,456 310,456
Revaluation reserve 8 727,302 727,302
Retained earnings 1,066,978 1,040,680
SHAREHOLDERS' FUNDS 2,123,818 2,097,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:




Mrs S Poulton - Director


Lizard Securities Limited (Registered number: 02242735)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lizard Securities 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.

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.
Land and buildings - in accordance with the property

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Lizard Securities Limited (Registered number: 02242735)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2023
and 31 March 2024 903,000
NET BOOK VALUE
At 31 March 2024 903,000
At 31 March 2023 903,000

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 1,030,543
Additions 484,252
Disposals (417,284 )
At 31 March 2024 1,097,511
NET BOOK VALUE
At 31 March 2024 1,097,511
At 31 March 2023 1,030,543

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 5,000 5,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 15,211 5,158
Other creditors 41,460 51,344
56,671 56,502

8. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 727,302

Lizard Securities Limited (Registered number: 02242735)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mrs S Poulton
Balance outstanding at start of year (49,190 ) (58,956 )
Amounts advanced 10,000 10,000
Amounts repaid - (234 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (39,190 ) (49,190 )

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Lizard Securities Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lizard Securities Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lizard Securities Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lizard Securities Limited and state those matters that we have agreed to state to the director of Lizard Securities Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lizard Securities Limited and its director for our work or for this report.

It is your duty to ensure that Lizard Securities Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lizard Securities Limited. You consider that Lizard Securities Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lizard Securities Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Graham Best & Co
189 Lynchford Road
Farnborough
Hampshire
GU14 6HD


19 November 2024