REGISTERED NUMBER: 14833613 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2025

for

Lam888 Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

Mr I Y Lam

REGISTERED OFFICE:

16 Mounton House Park

Pwllmeyric

Chepstow

Wales

NP16 6DF

REGISTERED NUMBER:

14833613 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investments

4

142,196

229,426

CURRENT ASSETS

Stocks

238,921

-

Debtors

5

3

6,611

Cash at bank

12,425

10,819

251,349

17,430

CREDITORS

Amounts falling due within one year

6

4,839

1,341

NET CURRENT ASSETS

246,510

16,089

TOTAL ASSETS LESS CURRENT LIABILITIES

388,706

245,515

PROVISIONS FOR LIABILITIES

-

5,261

NET ASSETS

388,706

240,254

CAPITAL AND RESERVES

Called up share capital

7

5

5

Revaluation reserve

8

(8,978

)

22,429

Retained earnings

8

397,679

217,820

SHAREHOLDERS' FUNDS

388,706

240,254

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10th June 2025 and were signed by:

Mr I Y Lam - Director

1.	STATUTORY INFORMATION

Lam888 Holdings Limited 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1st May 2024

50

229,376

229,426

Additions

-

150,669

150,669

Disposals

-

(224,000

)

(224,000

)

Revaluations

-

(13,899

)

(13,899

)

At 30th April 2025

50

142,146

142,196

NET BOOK VALUE

At 30th April 2025

50

142,146

142,196

At 30th April 2024

50

229,376

229,426

Cost or valuation at 30th April 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

-

(8,978

)

(8,978

)

Cost

50

151,124

151,174

50

142,146

142,196

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Directors' current accounts

-

6,608

Called up share capital not paid

3

3

3

6,611

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Tax

3,126

-

Other creditors

50

50

Directors' current accounts

312

-

Accrued expenses

1,351

1,291

4,839

1,341

7.	CALLED UP SHARE CAPITAL

Allotted, issued and unpaid:

150 Ordinary A - each with a nominal value of £0.01

50 Ordinary B - each with a nominal value of £0.01

50 Ordinary C - each with a nominal value of £0.01

50 Ordinary D - each with a nominal value of £0.01

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1st May 2024

217,820

22,429

240,249

Profit for the year

224,452

224,452

Dividends

(76,000

)

(76,000

)

Assets revalued in period

31,407

(31,407

)

-

At 30th April 2025

397,679

(8,978

)

388,701

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30th April 2025 and the period ended 30th April 2024:

30.4.25

30.4.24

£

£

Mr I Y Lam

Balance outstanding at start of year

6,608

-

Amounts advanced

41,475

8,000

Amounts repaid

(48,395

)

(1,392

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(312

)

6,608

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lam888 Holdings Limited for the year ended 30th April 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lam888 Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lam888 Holdings Limited and state those matters that we have agreed to state to the director of Lam888 Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lam888 Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Lam888 Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lam888 Holdings Limited. You consider that Lam888 Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lam888 Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

10th June 2025