LAXKAN LTD

Company Registration Number:
10504569 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

LAXKAN LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

LAXKAN LTD

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: 3 5,912 4,804
Investments: 4 16,717,540 16,717,540
Total fixed assets: 16,723,452 16,722,344
Current assets
Stocks: 0 0
Debtors:   3,826,960 1,299,295
Cash at bank and in hand: 743,261 2,673,200
Investments:   541,792 480,511
Total current assets: 5,112,013 4,453,006
Creditors: amounts falling due within one year: 5 (3,085,728) (3,091,677)
Net current assets (liabilities): 2,026,285 1,361,329
Total assets less current liabilities: 18,749,737 18,083,673
Creditors: amounts falling due after more than one year: 6 (5,151,499) (5,451,499)
Provision for liabilities: 0 0
Total net assets (liabilities): 13,598,238 12,632,174
Capital and reserves
Called up share capital: 8,300,005 8,300,005
Profit and loss account: 5,298,233 4,332,169
Shareholders funds: 13,598,238 12,632,174

The notes form part of these financial statements

LAXKAN LTD

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.

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 14 May 2025
and signed on behalf of the board by:

Name: Mr Vinay Shah
Status: Director

The notes form part of these financial statements

LAXKAN LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

LAXKAN LTD

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

LAXKAN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 4,804
Additions 1,108
At 31 December 2024 5,912
Net book value
At 31 December 2024 5,912
At 31 December 2023 4,804

LAXKAN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Fixed asset investments are initially recorded at cost and subsequently stated at cost less any accumulated impairment losses.

LAXKAN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Creditors - amounts falling due within one year for the year ended 31 December 2024 were £3,085,728 (2023: £3,091,677).

LAXKAN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Creditors - amounts falling due after one year for the year ended 31 December 2024 were £5,451,499 (2023: £5,151,499).