LIME SYNDICATE MANAGEMENT LIMITED

Company Registration Number:
13806081 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

LIME SYNDICATE MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LIME SYNDICATE MANAGEMENT LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

Lloyd's of London Managing Agent

Political and charitable donations

None



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

David Reeves
Stephen Britt
Henry Colthurst
Jeremy Heap


The director shown below has held office during the period of
1 January 2024 to 6 September 2024

Rachel Beadle


The director shown below has held office during the period of
1 January 2024 to 22 July 2024

John Taylor


The director shown below has held office during the period of
22 October 2024 to 31 December 2024

Alexander Craggs


The director shown below has held office during the period of
30 April 2024 to 31 December 2024

Sarbjit Sihota


The director shown below has held office during the period of
16 January 2024 to 31 December 2024

Colin Short


Secretary Beverley Murphy

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 March 2025

And signed on behalf of the board by:
Name: David Reeves
Status: Director

LIME SYNDICATE MANAGEMENT LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 200,000 0
Cost of sales: 0 0
Gross profit(or loss): 200,000 0
Distribution costs: 0 0
Administrative expenses: ( 139,310 ) ( 321 )
Other operating income: 0 0
Operating profit(or loss): 60,690 (321)
Interest receivable and similar income: 14,810 2
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 75,500 (319)
Tax: ( 18,875 ) 0
Profit(or loss) for the financial year: 56,625 (319)

LIME SYNDICATE MANAGEMENT LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 213,500 2
Cash at bank and in hand: 400,183 181
Investments:   0 0
Total current assets: 613,683 183
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 157,377 ) ( 500 )
Net current assets (liabilities): 456,306 (317)
Total assets less current liabilities: 456,306 ( 317)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 456,306 (317)
Capital and reserves
Called up share capital: 400,000 2
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 56,306 (319 )
Total Shareholders' funds: 456,306 (317)

The notes form part of these financial statements

LIME SYNDICATE MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 December 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.

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

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: Sarbjit Sihota
Status: Director

The notes form part of these financial statements

LIME SYNDICATE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover includes consulting fees, underwriting agency fees, and underwriting profit commissions. In 2024, turnover consisted solely of consulting fees (2023: nil). From 2025 onwards, with the approval as a Lloyds Managing Agent is expected to include consulting fees, agency fees, and underwriting profit commission, which will be recognised on the following basis.

    Other accounting policies

    Foreign Exchange Debtors and creditors Taxation Dividends payable Cash at bank and in hand Share capital Offsetting

LIME SYNDICATE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

LIME SYNDICATE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 213,500 2
Total 213,500 2
Debtors due after more than one year: 0 0

LIME SYNDICATE MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 18,875 0
Accruals and deferred income 0 0
Other creditors 138,502 500
Total 157,377 500