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REGISTERED NUMBER: 14840481 (England and Wales)










Unaudited Financial Statements

for the Period 2 May 2023 to 31 May 2024

for

LEXINGTON HOUSE LIMITED

LEXINGTON HOUSE LIMITED (REGISTERED NUMBER: 14840481)






Contents of the Financial Statements
FOR THE PERIOD 2 MAY 2023 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LEXINGTON HOUSE LIMITED

Company Information
FOR THE PERIOD 2 MAY 2023 TO 31 MAY 2024







DIRECTOR: D Rustambekov





REGISTERED OFFICE: 12 Hollington Court High Street
Chislehurst
BR7 5AJ





REGISTERED NUMBER: 14840481 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA

LEXINGTON HOUSE LIMITED (REGISTERED NUMBER: 14840481)

Balance Sheet
31 MAY 2024

Notes £    £   
FIXED ASSETS
Investment property 4 7,665,195

CURRENT ASSETS
Cash at bank 772

CREDITORS
Amounts falling due within one year 5 5,086,522
NET CURRENT LIABILITIES (5,085,750 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,579,445

CREDITORS
Amounts falling due after more than one year 6 2,880,177
NET LIABILITIES (300,732 )

CAPITAL AND RESERVES
Called up share capital 1,000
Retained earnings (301,732 )
(300,732 )

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

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

The director acknowledges his 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 28 March 2025 and were signed by:





D Rustambekov - Director


LEXINGTON HOUSE LIMITED (REGISTERED NUMBER: 14840481)

Notes to the Financial Statements
FOR THE PERIOD 2 MAY 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

Lexington House 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.

The financial statements have been prepared on a going concern basis as the directors are satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due. Furthermore, the holding company has undertaken to provide continuing financial support so that the company is able to pay its debts as and when they fall due.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Investment property
Investment property, which is property held to earn rentals or for capital appreciation or both, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure such as legal fees, property transfer taxes, and other transaction costs.

Subsequently it is measured at fair value at the reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on these gains at the rate expected to apply if the property is sold at the balance sheet date.

Financial instruments
Basic financial assets and liabilities, which include debtors, creditors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the period 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.


LEXINGTON HOUSE LIMITED (REGISTERED NUMBER: 14840481)

Notes to the Financial Statements - continued
FOR THE PERIOD 2 MAY 2023 TO 31 MAY 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 7,665,195
At 31 May 2024 7,665,195
NET BOOK VALUE
At 31 May 2024 7,665,195

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 5,085,622
Other creditors 900
5,086,522

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 2,880,177

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 5,085,622

Bank loans is secured by the way of fixed and floating charge on the property of the company and contains a negative pledge.

8. RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due after more than one year, is an amount of £23,600 owed to the director of the company.