Lexrae Holdings Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13796011

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		100		-

			100		-
CURRENT ASSETS
Debtors	5	153,643		200
Cash at bank and in hand		634,727		-

		788,370		200
Creditors: Amounts Falling Due Within One Year	6	(3,092 )		-

NET CURRENT ASSETS (LIABILITIES)			785,278		200

TOTAL ASSETS LESS CURRENT LIABILITIES			785,378		200

NET ASSETS			785,378		200

CAPITAL AND RESERVES
Called up share capital	7		200		200
Profit and Loss Account			785,178		-

SHAREHOLDERS' FUNDS			785,378		200

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Joseph Paul Corbett

Director

9 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Lexrae Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13796011 . The registered office is Waterloo House, Ketley Business Park, Telford, TF1 5JD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2024	-
Additions	100

As at 31 December 2024	100

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	100

As at 1 January 2024	-

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Lexrae Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Called up share capital not paid	-	200
Amounts owed by group undertakings	153,643	-

	153,643	200

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Corporation tax	274	-
Accruals and deferred income	1,200	-
Director's loan account	1,618	-

	3,092	-

7. Share Capital

	2024	2023
	£	£
Called Up Share Capital not Paid	-	200
Called Up Share Capital has been paid up	200	-

Amount of Allotted, Called Up Share Capital	200	200

8. Related Party Transactions

Amounts owed by group undertakings comprise:

	2024	2023
	£	£
Lexrae Property Ltd	151,001	-
Lexrae Support Ltd	2,642	-

	153,643	-

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