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REGISTERED NUMBER: 07372175 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

LMEP Services Limited

LMEP Services Limited (Registered number: 07372175)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

LMEP Services Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: R G Parrott
Dr L M G Parrott
Mrs L M E Parrott





REGISTERED OFFICE: Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD





REGISTERED NUMBER: 07372175 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

LMEP Services Limited (Registered number: 07372175)

Balance Sheet
31 January 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investment property 4 604,000 584,000

CURRENT ASSETS
Debtors 5 3,000 3,000
Cash at bank 94,334 243,911
97,334 246,911
CREDITORS
Amounts falling due within one year 6 (49,756 ) (243,148 )
NET CURRENT ASSETS 47,578 3,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

651,578

587,763

PROVISIONS FOR LIABILITIES 7 (31,369 ) (7,072 )
NET ASSETS 620,209 580,691

CAPITAL AND RESERVES
Called up share capital 8 1 1
Fair value reserve 9 98,001 102,298
Retained earnings 522,207 478,392
SHAREHOLDERS' FUNDS 620,209 580,691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LMEP Services Limited (Registered number: 07372175)

Balance Sheet - continued
31 January 2025


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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by:





R G Parrott - Director


LMEP Services Limited (Registered number: 07372175)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

LMEP Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 February 2024 584,000
Revaluations 20,000
At 31 January 2025 604,000
NET BOOK VALUE
At 31 January 2025 604,000
At 31 January 2024 584,000

LMEP Services Limited (Registered number: 07372175)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. INVESTMENT PROPERTY - continued

Cost or valuation at 31 January 2025 is represented by:
£   
Valuation in 2013 474,630
Valuation in 2023 124,370
Valuation in 2024 (15,000 )
Valuation in 2025 20,000
604,000

Investment properties were valued on an open market basis on 31 January 2025 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by associates 3,000 3,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 18 -
Taxation and social security 10,691 9,347
Other creditors 39,047 233,801
49,756 243,148

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 31,369 7,072

Deferred
tax
£   
Balance at 1 February 2024 7,072
Provided during year 24,297
Balance at 31 January 2025 31,369

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1 £1 1 1

LMEP Services Limited (Registered number: 07372175)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

9. RESERVES
Fair
value
reserve
£   
At 1 February 2024 102,298
Revaluation transfer (4,297 )

At 31 January 2025 98,001

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
LMEP Services Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 LMEP Services Limited for the year ended 31 January 2025 which comprise the Profit and loss, Balance Sheet, Statement of Changes in Equity 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 Board of Directors of LMEP Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LMEP Services Limited and state those matters that we have agreed to state to the Board of Directors of LMEP Services Limited, as a body, 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 LMEP Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that LMEP Services 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 LMEP Services Limited. You consider that LMEP Services 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 LMEP Services 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.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


2 April 2025