Caseware UK (AP4) 2023.0.135 2023.0.135 2025-03-312025-03-312falseNo description of principal activity2024-04-01falsefalse2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03001563 2024-04-01 2025-03-31 03001563 2023-04-01 2024-03-31 03001563 2025-03-31 03001563 2024-03-31 03001563 c:Director1 2024-04-01 2025-03-31 03001563 d:Buildings d:LongLeaseholdAssets 2024-04-01 2025-03-31 03001563 d:CurrentFinancialInstruments 2025-03-31 03001563 d:CurrentFinancialInstruments 2024-03-31 03001563 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 03001563 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03001563 d:ShareCapital 2025-03-31 03001563 d:ShareCapital 2024-03-31 03001563 d:RetainedEarningsAccumulatedLosses 2025-03-31 03001563 d:RetainedEarningsAccumulatedLosses 2024-03-31 03001563 c:FRS102 2024-04-01 2025-03-31 03001563 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03001563 c:FullAccounts 2024-04-01 2025-03-31 03001563 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03001563 2 2024-04-01 2025-03-31 03001563 3 2025-03-31 03001563 3 2024-03-31 03001563 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 03001563










LEXUS (HOLDINGS) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
LEXUS (HOLDINGS) LIMITED
REGISTERED NUMBER: 03001563

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Investments
 3 
889,047
909,815

  
889,047
909,815

Current assets
  

Debtors: amounts falling due within one year
 4 
55,000
55,000

Cash at bank and in hand
  
64,003
45,200

  
119,003
100,200

Creditors: amounts falling due within one year
 5 
(12,230)
(13,321)

Net current assets
  
 
 
106,773
 
 
86,879

Total assets less current liabilities
  
995,820
996,694

  

Net assets
  
995,820
996,694


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
995,720
996,594

  
995,820
996,694


Page 1

 
LEXUS (HOLDINGS) LIMITED
REGISTERED NUMBER: 03001563
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 August 2025.




Mr M R Adam
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LEXUS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Lexus (Holdings) Ltd is a private company, limited by share capital, incorporated in England and Wales under registration number 03001563. The registered office is Level 5A, Maple House, 149 Tottenham Court Road, London W1T 7NF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

L/Term Leasehold Property
-
2%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
LEXUS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

  
2.5

Investment properties

Investment properties is carried at fair value which, in director's opinion, is not materially different from market value. Changes in fair value are recognised in the Profit and loss account. 

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
LEXUS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

3.


Fixed asset investments





Investment Leasehold properties

£



Cost or valuation


At 1 April 2024
1,038,402



At 31 March 2025

1,038,402



Impairment


At 1 April 2024
128,587


Charge for the period
20,768



At 31 March 2025

149,355



Net book value



At 31 March 2025
889,047



At 31 March 2024
909,815

Page 5

 
LEXUS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Debtors

2025
2024
£
£


Amounts owed by associated company
55,000
55,000

55,000
55,000



5.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
4,667
5,153

Directors' loan account
5,583
6,188

Accruals and deferred income
1,980
1,980

12,230
13,321



6.


Controlling party

The company is a 100% subsidiary of Lexus (Parent) Limited, a company incorporated in the United Kingdom.
The parent company, Lexus (Parent) Limited, is under the control of the directors, Mr M R Adam (51% shares) and Mrs Z Adam (49% shares), by virtue of the fact that between them they own 100% of the issued share capital of the company.

 
Page 6