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REGISTERED NUMBER: 05503144 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LEXINGTON WEALTH MANAGEMENT LIMITED

LEXINGTON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05503144)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LEXINGTON WEALTH MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: W M Shute





SECRETARY: N J Shute





REGISTERED OFFICE: Orchard House
Bagbury Lane
LYDIARD MILLICENT
Wiltshire
SN5 4LX





REGISTERED NUMBER: 05503144 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

LEXINGTON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05503144)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 18,294 42,585
Investments 6 375,124 242,429
393,418 285,014

CURRENT ASSETS
Debtors 7 187,379 154,085
Cash at bank 80,827 52,076
268,206 206,161
CREDITORS
Amounts falling due within one year 8 232,224 221,185
NET CURRENT ASSETS/(LIABILITIES) 35,982 (15,024 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

429,400

269,990

CREDITORS
Amounts falling due after more than one
year

9

-

(47,237

)

PROVISIONS FOR LIABILITIES (42,455 ) (9,890 )
NET ASSETS 386,945 212,863

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 386,845 212,763
386,945 212,863

LEXINGTON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05503144)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2025 and were signed by:





W M Shute - Director


LEXINGTON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05503144)

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


1. STATUTORY INFORMATION

Lexington Wealth Management 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.

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 as modified by the revaluation of certain assets.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

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 5 (2023 - 5 ) .

LEXINGTON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05503144)

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


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 January 2024
and 31 December 2024 22,500
Amortisation
At 1 January 2024
and 31 December 2024 22,500
Net book value
At 31 December 2024 -
At 31 December 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Office
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 January 2024 7,932 87,914 177,110 36,264 309,220
Additions - 547 - 5,101 5,648
Disposals - (2,232 ) - - (2,232 )
At 31 December 2024 7,932 86,229 177,110 41,365 312,636
Depreciation
At 1 January 2024 7,932 73,037 154,453 31,213 266,635
Charge for year - 4,167 22,657 3,064 29,888
Eliminated on disposal - (2,181 ) - - (2,181 )
At 31 December 2024 7,932 75,023 177,110 34,277 294,342
Net book value
At 31 December 2024 - 11,206 - 7,088 18,294
At 31 December 2023 - 14,877 22,657 5,051 42,585

6. FIXED ASSET INVESTMENTS
Other
investments
£   
Cost or valuation
At 1 January 2024 242,429
Additions 33,629
Revaluations 99,066
At 31 December 2024 375,124
Net book value
At 31 December 2024 375,124
At 31 December 2023 242,429

LEXINGTON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05503144)

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


6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2024 is represented by:

Other
investments
£   
Valuation in 2022 184,957
Valuation in 2023 57,472
Valuation in 2024 132,695
375,124

Included within investments is a cash balance of £1,966 (2023: £1,087) held within the portfolio available for the purchase of further stocks.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 152 652
Other debtors 187,227 153,433
187,379 154,085

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,861 11,571
Trade creditors 10,145 6,370
Taxation and social security 165,324 158,103
Other creditors 45,894 45,141
232,224 221,185

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors - 47,237

10. RELATED PARTY DISCLOSURES

Included within debtors: amounts falling due within one year is a director's loan account in the sum of £173,527 (2023: £132,433). The account is unsecured, accrues interest at HM Revenue & Customs ("HMRC") official rate and was repaid after the year end