REGISTERED NUMBER: 09941326 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Lcm Investment Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Osborn

REGISTERED OFFICE:

Chapel End Farm Chapel End

Houghton Conquest

Bedford

MK45 3LW

REGISTERED NUMBER:

09941326 (England and Wales)

FIXED ASSETS

Investment property

4

867,000

733,560

CURRENT ASSETS

Cash at bank

10,637

11,935

CREDITORS

Amounts falling due within one year

5

2,929

-

NET CURRENT ASSETS

7,708

11,935

TOTAL ASSETS LESS CURRENT LIABILITIES

874,708

745,495

CREDITORS

Amounts falling due after more than one year

6

(730,638

)

(207,583

)

PROVISIONS FOR LIABILITIES

(33,360

)

-

NET ASSETS

110,710

537,912

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserves

8

100,080

-

Other reserves

-

543,590

Retained earnings

10,530

(5,778

)

SHAREHOLDERS' FUNDS

110,710

537,912

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 31 October 2025 and were signed by:

M Osborn - Director

1.	STATUTORY INFORMATION

Lcm Investment Company 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.

Turnover

Turnover represents rental income from investment properties and is recognised on a cash basis, reflecting rents received during the financial year exclusive of value added tax. Income is recognised when the amounts are received and the company has no further obligations to deliver services or benefits in respect of that income.

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.

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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

733,560

Revaluations

133,440

At 31 January 2025

867,000

NET BOOK VALUE

At 31 January 2025

867,000

At 31 January 2024

733,560

Fair value at 31 January 2025 is represented by:

£

Valuation in 2025

133,440

Cost

733,560

867,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.1.25

31.1.24

£

£

Cost

733,560

733,560

The investment properties were valued on an open market basis on 31 January 2025 by the director. .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Taxation and social security

2,521

-

Other creditors

408

-

2,929

-

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

182,892

207,583

Other creditors

547,746

-

730,638

207,583

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Mortgages

182,892

207,583

At the reporting date, the company had outstanding mortgage borrowing secured against its investment properties.

The total amount of secured debt at 31st January 2025 was £182,892, which is secured by legal charges over specific investment properties owned by the company. These charges grant the lender the rights over the properties in the event of default.

The company is in compliance with all loans covenants and repayments as the reporting date.

8.

RESERVES

Non-distributable

reserves

£

Fair value transfer

100,080

At 31 January 2025

100,080