Registration number: 03517675

Lexicon Lifeline Ltd

Profit and Loss Account for the Period from 1 September 2024 to 31 March 2025

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Lexicon Lifeline Ltd

(Registration number: 03517675)
Balance Sheet as at 31 March 2025

	Note	31 March 2025 £	31 August 2024 £
Creditors: Amounts falling due within one year	4	(24,129)	(24,129)
Capital and reserves
Called up share capital	5	142	142
Profit and loss account		(24,271)	(24,271)
Shareholders' deficit		(24,129)	(24,129)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 23 September 2025
 

T R Welch
Director

Lexicon Lifeline Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 1F Network Point
Range Road
Vantage Point Business Village
Witney
Oxfordshire
OX29 0YN

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Name of parent of group

These financial statements are consolidated in the financial statements of Transforming Learning Group Limited.

The financial statements of Transforming Learning Group Limited may be obtained from Companies House.

Going concern

Notwithstanding the net liability position shown on the balance sheet, the financial statements have been prepared on the going concern basis. The directors have considered the forecast cash flows and the cash requirements of the business in their assessment of going concern. As a result of this assessment it was concluded that the cash requirements of the business for the 12 months from signing will be met through a combination of operational cash flows and intergroup loans and thus the business is deemed to operate as a going concern.

Judgements and estimation uncertainty

These financial statements do not contain any significant judgements or estimation uncertainty.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

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

	1 September 2024 to 31 March 2025  No.	Year ended 31 August 2024  No.
Directors	1	1

Lexicon Lifeline Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 March 2025

4

Creditors

	31 March 2025 £	31 August 2024 £
Due within one year
Amounts due to group undertakings	24,129	24,129

5	Share capital

Allotted, called up and fully paid shares

	31 March 2025		31 August 2024
	No.	£	No.	£
Ordinary A shares of £1 each	100	100	100	100
Preference shares of £1 each	42	42	42	42
	142	142	142	142

Rights, preferences and restrictions

The different classes of share referred to above carry separate rights to dividends but, in all other significant respects, rank pari passu.

6	Parent and ultimate parent undertaking

The company's immediate parent is Turn It On Limited, incorporated in England and Wales.

 The ultimate parent is Transforming Learning Group Limited, incorporated in England and Wales.

 The ultimate controlling party is Foundation Investment Partners II (GP) LLP.