REGISTERED NUMBER: 06423226 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

LEXIE GREENTECH EUROPE LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

Mr L F Moore

Mr J A Reader

Secretary:

Accomplish Secretaries Limited

Registered office:

Suite 1, 7th Floor

50 Broadway

London

SW1H 0BL

Registered number:

06423226 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,039

4,345

Investment property

5

1,336,819

1,336,819

1,340,858

1,341,164

CURRENT ASSETS

Debtors

6

5,375

2,932

Cash at bank

14,169

9,945

19,544

12,877

CREDITORS

Amounts falling due within one year

7

(564,798

)

(543,044

)

NET CURRENT LIABILITIES

(545,254

)

(530,167

)

TOTAL ASSETS LESS CURRENT LIABILITIES

795,604

810,997

CAPITAL AND RESERVES

Called up share capital

11,983

11,983

Share premium

1,034,713

1,034,713

Retained earnings

(251,092

)

(235,699

)

SHAREHOLDERS' FUNDS

795,604

810,997

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 12 December 2025 and were signed on its behalf by:

Mr L F Moore - Director

1.	STATUTORY INFORMATION

Lexie Greentech Europe 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.

The company’s functional and presentational currency is Euros (€) and the financial statements have been rounded to the nearest Euro (€).

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.

Turnover

Turnover represents amounts receivable for rental income and is measured at the fair value of the consideration received or receivable, net of discounts and value added tax.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

- Equipment, furniture & furnishing are depreciated over its estimated useful life of 10 years

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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Foreign currencies

Assets and liabilities in foreign currencies are translated into Euros at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

These accounts have been prepared on the going concern basis. The company is dependent on the support of its shareholders in order to meet its working capital requirements. The shareholders have provided assurance that they will continue support the company for a period that exceeds twelve months from the date of approval of these financial statements. On the basis of this assurance the directors believe that the company will continue to have sufficient funds in order to meet its financial liabilities as they fall due and that the going concern basis is appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Furniture &

Equipment

Furnishing

Totals

€

€

€

Cost

At 1 April 2024

5,861

27,879

33,740

Additions

3,173

-

3,173

At 31 March 2025

9,034

27,879

36,913

Depreciation

At 1 April 2024

4,379

25,016

29,395

Charge for year

691

2,788

3,479

At 31 March 2025

5,070

27,804

32,874

Net book value

At 31 March 2025

3,964

75

4,039

At 31 March 2024

1,482

2,863

4,345

5.	INVESTMENT PROPERTY

Total

€

Fair value

At 1 April 2024

and 31 March 2025

1,336,819

Net book value

At 31 March 2025

1,336,819

At 31 March 2024

1,336,819

The fair value is determined by the directors and is based on an open market valuation basis. In the opinion of the directors, there is no change in the value of the property at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

as restated

€

€

Other debtors

5,375

2,932

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

as restated

€

€

Bank loans and overdrafts

-

13,096

Trade creditors

1,745

11,519

Other creditors

563,053

518,429

564,798

543,044

8.	RELATED PARTY DISCLOSURES

Shareholder Mr & Mrs Walberg Snygg

During the year, Mr & Mrs Walberg Snygg have jointly forgiven claims on Lexie Greentech Europe Limited for the amount of €18,750 (2024: €16,875).

The amount owed to Mr & Mrs Walberg Snygg at year end is €532,757 (2024: €488,019). This amount is included within other creditors.