REGISTERED NUMBER: 14829398 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2024 to 31 March 2025

for

Lemco Property & Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Lemon

M Lemon

REGISTERED OFFICE:

17 Hillview Grove

Newbottle

Houghton Le Spring

Tyne and Wear

DH4 4SL

REGISTERED NUMBER:

14829398 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Investments

4

2,774,275

1,478,381

Investment property

5

124,935

124,935

2,899,210

1,603,316

CURRENT ASSETS

Cash at bank

326,182

401,923

CREDITORS

Amounts falling due within one year

6

(11,686

)

(9,269

)

NET CURRENT ASSETS

314,496

392,654

TOTAL ASSETS LESS CURRENT LIABILITIES

3,213,706

1,995,970

PROVISIONS FOR LIABILITIES

7

(281,097

)

(92,155

)

NET ASSETS

2,932,609

1,903,815

CAPITAL AND RESERVES

Called up share capital

8

26

26

Revaluation reserve

9

891,419

324,591

Retained earnings

2,041,164

1,579,198

SHAREHOLDERS' FUNDS

2,932,609

1,903,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

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

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by:

M Lemon - Director

1.	STATUTORY INFORMATION

Lemco Property & Investments Ltd 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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions that were conducted under normal market conditions.

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.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and

subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Managed investments includes stocks, shares and cryptocurrency managed by a broker and actively traded on an investment platform.

Self managed investments includes cryptocurrency managed by the company traded on a cryptocurrency platform

Both managed and self managed investments are held for long term future appreciation.

Cryptocurrencies are held at fair value with any gains/ losses being recognised in the profit and loss account.

Income recognition

Income is recognised when the service has been provided.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Other investments not loans

2,774,275

1,478,381

Additional information is as follows:

Other

investments

£

COST OR VALUATION

At 1 May 2024

1,478,355

Additions

867,873

Disposals

(327,749

)

Revaluations

755,770

At 31 March 2025

2,774,249

NET BOOK VALUE

At 31 March 2025

2,774,249

At 30 April 2024

1,478,355

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

424,632

Valuation in 2025

755,770

Cost

1,593,847

2,774,249

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Investments in associate

26

26

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 31 March 2025

124,935

NET BOOK VALUE

At 31 March 2025

124,935

At 30 April 2024

124,935

Directors have assessed the valuation of properties at the year end and considered there to be no material changes.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

8,660

5,481

Other creditors

26

26

Accruals and deferred income

3,000

3,762

11,686

9,269

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

281,097

92,155

Deferred

tax

£

Balance at 1 May 2024

92,155

Tax impact of revaluations

188,942

Balance at 31 March 2025

281,097

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

260

Ordinary

£0.10

26

26

9.

RESERVES

Revaluation

reserve

£

At 1 May 2024

324,591

Revaluation of financial asset

755,770

Deferred tax on revaluation

(188,942

)

At 31 March 2025

891,419

Revaluation reserve represents the increase in the fair value of fixed asset investments net of deferred tax