Company Registration No. 14116201 (England and Wales)
Lg Investments Limited
Unaudited accounts
for the year ended 31 May 2025
Lg Investments Limited
Unaudited accounts
Contents
Lg Investments Limited
Company Information
for the year ended 31 May 2025
Company Number
14116201 (England and Wales)
Registered Office
Jsm, Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
United Kingdom
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
Lg Investments Limited
Statement of financial position
as at 31 May 2025
Investment property
985,000
950,000
Cash at bank and in hand
4,955
3,515
Creditors: amounts falling due within one year
(295,906)
(255,587)
Net current liabilities
(254,945)
(237,400)
Total assets less current liabilities
731,665
712,600
Creditors: amounts falling due after more than one year
(573,750)
(573,750)
Provisions for liabilities
Deferred tax
(51,914)
(43,164)
Called up share capital
1
1
Profit and loss account
106,000
95,685
Shareholders' funds
106,001
95,686
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 December 2025 and were signed on its behalf by
Govinder Sidhu
Director
Company Registration No. 14116201
Lg Investments Limited
Notes to the Accounts
for the year ended 31 May 2025
Lg Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 14116201. The registered office is Jsm, Brightfield Business Hub, Bakewell Road, Peterborough, Cambridgeshire, PE2 6XU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Fair value at 1 June 2024
950,000
Net gain from fair value adjustments
35,000
Lg Investments Limited
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Other debtors
36,006
14,672
7
Creditors: amounts falling due within one year
2025
2024
Other creditors
33,871
30,384
Loans from directors
260,768
223,936
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
573,750
573,750
During the year loans totalling £260,768 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).