| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2025 |
| for |
| Lucas Publications Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2025 |
| for |
| Lucas Publications Limited |
| Lucas Publications Limited (Registered number: 03509671) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Lucas Publications Limited |
| Company Information |
| for the Year Ended 31 January 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Old Stables |
| Sutton Manor Farm |
| Bishops Sutton |
| Alresford |
| Hampshire |
| SO24 0AA |
| Lucas Publications Limited (Registered number: 03509671) |
| Balance Sheet |
| 31 January 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| Lucas Publications Limited (Registered number: 03509671) |
| Balance Sheet - continued |
| 31 January 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Lucas Publications Limited (Registered number: 03509671) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2025 |
| 1. | STATUTORY INFORMATION |
| Lucas Publications Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparation |
| Preparation of consolidated financial statements |
| The financial statements contain information about Lucas Publications Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Plant and machinery - 15% reducing balance |
| Computer equipment - 33% on cost |
| Website development - 50% in year 1, 30% in year 2 and 20% in year 3. This is in relation to the reduction in value of the website over 3 years. However if work on the website during the year means that value has not fallen then no charge will be made. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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. |
| Lucas Publications Limited (Registered number: 03509671) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Website | Computer |
| machinery | development | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2024 |
| Additions |
| At 31 January 2025 |
| DEPRECIATION |
| At 1 February 2024 |
| Charge for year |
| At 31 January 2025 |
| NET BOOK VALUE |
| At 31 January 2025 |
| At 31 January 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: 7 St. Johns Road, Harrow, Middlesex, United Kingdom HA1 2EY |
| Nature of business: |
| % |
| Class of shares: | holding |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Deferred tax asset |
| Lucas Publications Limited (Registered number: 03509671) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| Pensions | 6,960 | 9,388 |
| VAT | 34,367 | 33,445 |
| Other creditors |
| Directors' current accounts | 179,871 | 179,871 |
| Deferred income |
| Accrued expenses |
| 8. | DEFERRED TAX |
| £ |
| Balance at 1 February 2024 | ( |
) |
| Accelerated capital allowances | (4,080 | ) |
| Deferred trading losses | (28,804 | ) |
| Balance at 31 January 2025 | ( |
) |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 769,737 | 769,737 |
| 10. | RELATED PARTY DISCLOSURES |
| Ralph Matthew Palmer, Baron Lucas of Crudwell, Lord Dingwall |
| Director and Majority Shareholder |
| At the balance sheet date, a balance of £79,871 (2024: £79,871) was owed by the company to the director. This balance is unsecured, given interest free and is repayable to the director on demand. |
| The Good Careers Guide Limited |
| A 100% owned non-trading subsidiary |
| During the year, the company incurred expenses of £Nil (2024: £Nil) on behalf of the Good Careers Guide Limited, a non-trading subsidiary. No balances were owed at the year end in either 2025 or 2024. |
| Ms Hannah Palmer |
| Director |
| At the balance sheet date a balance of £100,000 (2024: £100,000) was owed by the company to the director. This balance is given interest free, is unsecured and is repayable on demand. |
| 11. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |