REGISTERED NUMBER: 12462590 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

LINDMEAD TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G P Gay

S A J Davies

REGISTERED OFFICE:

30 Harbord Street

London

SW6 6PJ

REGISTERED NUMBER:

12462590 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP

16 Davy Court

Castle Mound Way

Rugby, CV23 0UZ

Magma Audit LLP is part

Of the Dains Group

FIXED ASSETS

Investment property

4

1,521,943

1,549,000

CURRENT ASSETS

Stocks

2,723,472

2,524,075

Debtors

5

203,751

172,754

Cash at bank

14,697

56,417

2,941,920

2,753,246

CREDITORS

Amounts falling due within one year

6

(1,314,573

)

(1,314,133

)

NET CURRENT ASSETS

1,627,347

1,439,113

TOTAL ASSETS LESS CURRENT LIABILITIES

3,149,290

2,988,113

CREDITORS

Amounts falling due after more than one year

7

(2,455,496

)

(2,610,000

)

NET ASSETS

693,794

378,113

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

693,694

378,013

693,794

378,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 11 September 2025 and were signed on its behalf by:

G P Gay - Director

1.	STATUTORY INFORMATION

Lindmead Trading Limited is a limited company, registered in England and Wales. Its registered office address is 30 Hardbord Street, London, SW6 6PJ and the registered number is 12462590.

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 presentation currency of the financial statements is Sterling (£) and the figures are rounded to the nearest £1.

Turnover

Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

The tax expense for the year comprises current and deferred tax.

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2024

1,549,000

Reclassification/transfer

(27,057

)

At 30 April 2025

1,521,943

NET BOOK VALUE

At 30 April 2025

1,521,943

At 30 April 2024

1,549,000

The fair value of the investment properties at 30 April 2025 have been considered by the director and it is his opinion that the market value at that date is not materially different from the carrying value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

39,388

48,832

Amounts owed by group undertakings

130,566

88,134

Other debtors

33,797

35,788

203,751

172,754

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

120,000

120,000

Trade creditors

5,306

10,313

Amounts owed to group undertakings

208,682

249,716

Taxation and social security

143,574

68,740

Other creditors

837,011

865,364

1,314,573

1,314,133

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,455,496

2,610,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,575,496

2,730,000

Bank loans are secured by a fixed charge and a negative pledge over the investment properties of the company.