LGBR Capital London Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08963651

LGBR Capital London Limited

Filleted Unaudited Financial Statements

31 March 2025

LGBR Capital London Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of income and retained earnings	1

Statement of financial position	2

Notes to the financial statements	4

LGBR Capital London Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

	2025	2024
Note	£	£
Turnover	3,498,627	3,639,005

Cost of sales	( 218,358)	( 254,207)
	------------	------------
Gross profit	3,280,269	3,384,798

Administrative expenses	( 3,229,166)	( 3,204,762)
	------------	------------
Operating profit	51,103	180,036

Income from other fixed asset investments		43,908	208,384
Other interest receivable and similar income		10,699	696,309
Interest payable and similar expenses		( 130,883)	( 175,746)
		------------	------------
(Loss)/profit before taxation	5	( 25,173)	908,983

Tax on (loss)/profit	14,420	136,894
	--------	------------
(Loss)/profit for the financial year and total comprehensive income	( 10,753)	1,045,877
	--------	------------

All the activities of the company are from continuing operations.

LGBR Capital London Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	6	–	53,853
Investments	7	633	633
		----	--------
		633	54,486

Current assets

Debtors	8	532,698	733,717
Cash at bank and in hand		402,692	595,914
		---------	------------
		935,390	1,329,631

Creditors: amounts falling due within one year	9	805,568	1,202,887
		---------	------------
Net current assets		129,822	126,744
		---------	---------
Total assets less current liabilities		130,455	181,230

Creditors: amounts falling due after more than one year	10	86,631	125,505
		---------	---------
Net assets		43,824	55,725
		---------	---------

Capital and reserves

Called up share capital	70	70
Capital redemption reserve	30	30
Profit and loss account	43,724	55,625
	--------	--------
Shareholders funds	43,824	55,725
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

LGBR Capital London Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 10 December 2025 , and are signed on behalf of the board by:

Mr B J Fox

Director

Company registration number: 08963651

LGBR Capital London Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Throgmorton Avenue, London, EC2N 2DL, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Wesbite development costs	-	25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 33 (2024: 26 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Amortisation of intangible assets	53,853	53,854
	--------	--------

6. Intangible assets

	Development costs
	£
Cost
At 1 April 2024 and 31 March 2025	215,415
	---------
Amortisation
At 1 April 2024	161,562
Charge for the year	53,853
	---------
At 31 March 2025	215,415
	---------
Carrying amount
At 31 March 2025	–
	---------
At 31 March 2024	53,853
	---------

7. Investments

	Other investments other than loans
	£
Cost
At 1 April 2024 and 31 March 2025	633
	----
Impairment
At 1 April 2024 and 31 March 2025	–
	----

Carrying amount
At 31 March 2025	633
	----
At 31 March 2024	633
	----

8. Debtors

	2025	2024
	£	£
Trade debtors	483,484	341,564
Amounts owed by group undertakings and undertakings in which the company has a participating interest	( 11,369)	264,363
Other debtors	60,583	127,790
	---------	---------
	532,698	733,717
	---------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	38,874	35,085
Trade creditors	70,330	92,209
Amounts owed to group undertakings and undertakings in which the company has a participating interest	493,241	840,049
Social security and other taxes	59,933	66,451
Other creditors	143,190	169,093
	---------	------------
	805,568	1,202,887
	---------	------------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	86,631	125,505
	--------	---------

The bank loans in the accounts are secure by way of a fixed charge over all properties the company may borrow in the future, all equipment owed by the company and all investments held by the company.

11. Related party transactions

At the year end the company owed £493,241 (2024: £840,049) to companies where the directors are shareholders. At the year end the company owed £840,046 (2023: £1,149,000) to companies where the directors are shareholders.