THE LEXI TRADING COMPANY LIMITED

Company Registration Number:
03102094 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

THE LEXI TRADING COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

THE LEXI TRADING COMPANY LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 71,571 71,797
Total fixed assets: 71,571 71,797
Current assets
Cash at bank and in hand: 3,726 3,808
Total current assets: 3,726 3,808
Net current assets (liabilities): 3,726 3,808
Total assets less current liabilities: 75,297 75,605
Creditors: amounts falling due after more than one year:   (174,880) (171,539)
Total net assets (liabilities): (99,583) (95,934)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (100,583) (96,934)
Shareholders funds: (99,583) (95,934)

The notes form part of these financial statements

THE LEXI TRADING COMPANY LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 January 2025
and signed on behalf of the board by:

Name: M W Sutcliffe
Status: Director

The notes form part of these financial statements

THE LEXI TRADING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is derived from the principle activity of an investment property company. Turnover represents net invoiced sales from the principle activity, excluding value added tax. In line with Financial Reporting Standard 102 income has been recognised when the company obtains the right to consideration in exchange for it's performance.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Land and buildings - 2% on cost Plant and machinery etc - 15% on reducing balance

Other accounting policies

Going concern The director has considered the financial position of the company and believe it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continue to adopt the going concern basis in preparing the financial statements.

THE LEXI TRADING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

THE LEXI TRADING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 169,102
Additions 3,650
At 30 September 2024 172,752
Depreciation
At 01 October 2023 97,305
Charge for year 3,876
At 30 September 2024 101,181
Net book value
At 30 September 2024 71,571
At 30 September 2023 71,797

THE LEXI TRADING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Related party transactions

The company is controlled by the director. Property costs include £4,000 rent paid to the director.