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REGISTERED NUMBER: 05385807 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

LEXICOM TECHNOLOGY LTD

LEXICOM TECHNOLOGY LTD (REGISTERED NUMBER: 05385807)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

LEXICOM TECHNOLOGY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: D Sunney





SECRETARY: L J Lucas





REGISTERED OFFICE: 11-12 Strongs Passage
Hastings
East Sussex
TN34 3BY





REGISTERED NUMBER: 05385807 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

LEXICOM TECHNOLOGY LTD (REGISTERED NUMBER: 05385807)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 118,473 151,689

CURRENT ASSETS
Debtors 5 1,098,555 588,065
Cash at bank and in hand 6,421 118,715
1,104,976 706,780
CREDITORS
Amounts falling due within one year 6 913,399 409,529
NET CURRENT ASSETS 191,577 297,251
TOTAL ASSETS LESS CURRENT LIABILITIES 310,050 448,940

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 309,050 447,940
SHAREHOLDERS' FUNDS 310,050 448,940

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 12 August 2025 and were signed by:





D Sunney - Director


LEXICOM TECHNOLOGY LTD (REGISTERED NUMBER: 05385807)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Lexicom Technology Ltd 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.

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 director has made an assessment and does not consider there to be any material uncertainties about the company's ability to continue as a going concern. As a result they have adopted the going concern basis of accounting.

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.
Improvements to property - 10% on cost
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

LEXICOM TECHNOLOGY LTD (REGISTERED NUMBER: 05385807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Motor Office
property vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 100,842 139,989 93,478 334,309
Additions - - 2,673 2,673
Disposals - (13,745 ) - (13,745 )
At 31 March 2024 100,842 126,244 96,151 323,237
DEPRECIATION
At 1 April 2023 40,337 69,829 72,454 182,620
Charge for year 10,084 16,761 5,924 32,769
Eliminated on disposal - (10,625 ) - (10,625 )
At 31 March 2024 50,421 75,965 78,378 204,764
NET BOOK VALUE
At 31 March 2024 50,421 50,279 17,773 118,473
At 31 March 2023 60,505 70,160 21,024 151,689

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 387,592 104,699
Other debtors 591,983 460,483
Tax 110,899 -
VAT - 19,880
Deferred tax asset
Accelerated capital allowances 8,081 3,003
1,098,555 588,065

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 627,531 215,372
Tax 44,130 178,464
Social security and other taxes 10,772 12,416
VAT 28,307 -
Other creditors 5,467 3,277
Deferred income 197,192 -
913,399 409,529

7. SECURED DEBTS

Lloyds Tsb Commercial Finance Limited hold fixed and floating charges dated 20 July 2006 over the undertaking and all property and assets, present and future, including goodwill, bookdebts, uncalled capital, buildings, fixtures and fittings, and plant and machinery.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LEXICOM TECHNOLOGY LTD

The following reproduces the text of the report prepared for the director 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 Director 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 Lexicom Technology Ltd for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet 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 icaew.com/membershandbook.

This report is made solely to the director of Lexicom Technology Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lexicom Technology Ltd and state those matters that we have agreed to state to the director of Lexicom Technology Ltd in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lexicom Technology Ltd and its director for our work or for this report.

It is your duty to ensure that Lexicom Technology Ltd 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 Lexicom Technology Ltd. You consider that Lexicom Technology Ltd 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 Lexicom Technology Ltd. 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


13 August 2025