REGISTERED NUMBER: 12557705 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lismire Partners Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Murphy

Ms S Murphy

REGISTERED OFFICE:

10 Boscastle Road

London

NW5 1EG

REGISTERED NUMBER:

12557705 (England and Wales)

ACCOUNTANTS:

Abbey Accountants Ltd

Old Bishops' College

Churchgate

Cheshunt

Hertfordshire

EN8 9XP

FIXED ASSETS

Investments

4

26,625,247

25,761,701

CURRENT ASSETS

Debtors

5

23,719

68,325

Cash at bank

2,943

61

26,662

68,386

CREDITORS

Amounts falling due within one year

6

21,290

19,890

NET CURRENT ASSETS

5,372

48,496

TOTAL ASSETS LESS CURRENT LIABILITIES

26,630,619

25,810,197

CREDITORS

Amounts falling due after more than one year

7

(12,278,547

)

(12,115,222

)

PROVISIONS FOR LIABILITIES

(2,028,769

)

(1,927,284

)

NET ASSETS

12,323,303

11,767,691

CAPITAL AND RESERVES

Called up share capital

1,485

1,485

Share premium

4,555,675

4,555,675

Fair value reserve

8

6,903,447

6,421,596

Retained earnings

862,696

788,935

12,323,303

11,767,691

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

The members have not required the company to obtain an audit of its financial statements for the year 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 November 2025 and were signed on its behalf by:

R J Murphy - Director

1.	STATUTORY INFORMATION

Lismire Partners 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.

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

Other

investments

£

COST OR VALUATION

At 1 April 2024

25,761,701

Additions

289,293

Disposals

(68,214

)

Revaluations

642,467

At 31 March 2025

26,625,247

NET BOOK VALUE

At 31 March 2025

26,625,247

At 31 March 2024

25,761,701

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2025

9,204,596

Cost

17,420,651

26,625,247

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

23,719

68,325

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other creditors

21,290

19,890

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Other creditors

12,278,547

12,115,222

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

6,421,596

Fair value movement

481,851

At 31 March 2025

6,903,447

9.	RELATED PARTY DISCLOSURES