REGISTERED NUMBER: 03460010 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

LEM Mining & Restoration Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Lillis

D Woodward

SECRETARY:

D Woodward

REGISTERED OFFICE:

2 Heap Bridge

Bury

Lancashire

BL9 7HR

REGISTERED NUMBER:

03460010 (England and Wales)

ACCOUNTANTS:

Thompson Jones Business Solutions Limited

2 Heap Bridge

Bury

Lancashire

BL9 7HR

SOLICITORS:

Platt and Fishwick

47 King Street

Wigan

WN1 1DB

FIXED ASSETS

Tangible assets

5

27,262

60,126

Investment property

6

117,866

117,866

145,128

177,992

CURRENT ASSETS

Debtors

7

821,780

899,778

Investments

8

2,452,134

1,686,176

Cash at bank

904,175

966,456

4,178,089

3,552,410

CREDITORS

Amounts falling due within one year

9

(66,910

)

(123,244

)

NET CURRENT ASSETS

4,111,179

3,429,166

TOTAL ASSETS LESS CURRENT LIABILITIES

4,256,307

3,607,158

PROVISIONS FOR LIABILITIES

(173,000

)

(15,000

)

NET ASSETS

4,083,307

3,592,158

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

4,083,305

3,592,156

SHAREHOLDERS' FUNDS

4,083,307

3,592,158

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.

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 Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:

D Woodward - Director

1.	STATUTORY INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:

2 Heap Bridge

Bury

Lancashire

BL9 7HR

The principal place of business is :

Newbrook cottage

Lansdowne Road

Atherton

Manchester

M46 9HL

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

TURNOVER

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

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

INVESTMENT PROPERTY

Investment property is shown at director's 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 Account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2024

283,373

2,667

286,040

Disposals

(93,500

)

-

(93,500

)

At 31 January 2025

189,873

2,667

192,540

DEPRECIATION

At 1 February 2024

224,091

1,823

225,914

Charge for year

32,654

211

32,865

Eliminated on disposal

(93,501

)

-

(93,501

)

At 31 January 2025

163,244

2,034

165,278

NET BOOK VALUE

At 31 January 2025

26,629

633

27,262

At 31 January 2024

59,282

844

60,126

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

117,866

NET BOOK VALUE

At 31 January 2025

117,866

At 31 January 2024

117,866

The Directors consider the above amount to not be materially different to the current market value.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,402

54,646

Amounts owed by group undertakings

77,250

75,237

Other debtors

743,128

769,895

821,780

899,778

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed shares

2,452,134

1,686,176

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

30,460

36,731

Amounts owed to group undertakings

5,634

5,634

Taxation and social security

30,816

80,879

66,910

123,244

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

1

2

2