The average number of persons, including directors, employed by the company during the period was as follows:

"Creditors" include the amount of £85,729 (2023 £61,786) due from the company to Eripsa Limited, a company related by virtue of common control. This amount is repayable on demand with no interest being charged.

The company is substantially funded by a loan from a related company, which has been deferred in favour of all other liabilities. The directors consider that it is appropriate to prepare the financial statements on the going concern basis.

Lox Property Limited is a private company limited by shares incorporated in Scotland. The registered office is Eldo House, Monkton Road, Prestwick, Ayrshire, Scotland, KA9 2PB.

For the period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true