LMN Capital Partners Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07493358 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2024 TO 31 MARCH 2025

FOR

LMN CAPITAL PARTNERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Paisner

Mrs S Paisner

REGISTERED OFFICE:

First Floor, Ariel House

74a Charlotte Street

London

W1T 4QJ

REGISTERED NUMBER:

07493358 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

5,416

5,758

Investments

6

55,454

45,453

60,870

51,211

CURRENT ASSETS

Debtors

7

11,087

298

Cash at bank

4,033

9,048

15,120

9,346

CREDITORS

Amounts falling due within one year

8

72,537

34,041

NET CURRENT LIABILITIES

(57,417

)

(24,695

)

TOTAL ASSETS LESS CURRENT

LIABILITIES

3,453

26,516

CREDITORS

Amounts falling due after more than one year

9

8,391

11,016

NET (LIABILITIES)/ASSETS

(4,938

)

15,500

CAPITAL AND RESERVES

Called up share capital

1

Profit and loss account

(4,939

)

15,499

SHAREHOLDERS' FUNDS

(4,938

)

15,500

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

The members have not required the company to obtain an audit of its financial statements for the period 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 8 December 2025 and were signed on its behalf by:

J Paisner - Director

1.	STATUTORY INFORMATION

LMN Capital 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost unless they are classified as receivable within one year in which case they are measured at the undiscounted amount of the cash or other consideration expected to be received net of impairment.

Financial liabilities that are classified as payable within one year are subsequently measured at the undiscounted amount of the cash or other consideration expected to be paid.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset or settle the liability simultaneously.

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 2 ).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 March 2025

16,000

AMORTISATION

At 1 January 2024

and 31 March 2025

16,000

NET BOOK VALUE

At 31 March 2025

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

21,006

Additions

1,862

At 31 March 2025

22,868

DEPRECIATION

At 1 January 2024

15,248

Charge for period

2,204

At 31 March 2025

17,452

NET BOOK VALUE

At 31 March 2025

5,416

At 31 December 2023

5,758

6.	FIXED ASSET INVESTMENTS

2025

2023

£

Shares in group undertakings

15,001

15,000

Other investments not loans

40,453

30,453

55,454

45,453

Additional information is as follows:

Shares in

group

Other

undertakings

investments

Totals

£

COST

At 1 January 2024

15,000

30,453

45,453

Additions

1

-

1

Impairments

-

(5,000

)

(5,000

)

At 31 March 2025

15,001

25,453

40,454

NET BOOK VALUE

At 31 March 2025

15,001

25,453

40,454

At 31 December 2023

15,000

30,453

45,453

Investments (neither listed nor unlisted) were as follows:

2025

2023

£

No description

15,000

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

Trade debtors

48

298

Other debtors

11,039

-

11,087

298

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

Bank loans and overdrafts

2,446

Trade creditors

704

524

Amounts owed to group undertakings

61,175

12,611

Taxation and social security

1,658

13,676

Other creditors

6,554

4,784

72,537

34,041

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

Bank loans

8,391

11,016