Company No: 11121830 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	E Huepfl (Resigned 19 April 2024)
	A Lanni
	C McMain (Resigned 15 April 2025)
	A Slater (Resigned 19 April 2024)

SECRETARY

A Lanni

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

11121830 (England and Wales)

CHARTERED ACCOUNTANTS	Dixon Wilson
	22 Chancery Lane
	London
	WC2A 1LS

	Note	2025		2024
		£		£
Fixed assets
Investments	3	39,630		126,295
		39,630		126,295
Current assets
Debtors	4	6,666		3,497
Cash at bank and in hand		73,538		128,902
		80,204		132,399
Creditors: amounts falling due within one year	5	( 91,748)		( 224,919)
Net current liabilities		(11,544)		(92,520)
Total assets less current liabilities		28,086		33,775
Net assets		28,086		33,775
Capital and reserves
Called-up share capital		45,000		45,000
Profit and loss account		( 16,914 )		( 11,225 )
Total shareholders' funds		28,086		33,775

For the financial 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.

Director's responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Laxfield Capital Investments Limited (registered number: 11121830) were approved and authorised for issue by the Director on 15 December 2025. They were signed on its behalf by:

A Lanni Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Laxfield Capital Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The company’s shareholders have confirmed that they will continue to provide such financial support to Laxfield Capital Investments Limited as it requires for at least 12 months from the date the accounts are signed.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Fixed asset investments

Investments in limited liability partnerships in which the company has a holding are shown at the value of the capital contribution made by the company to the partnership, less any impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the directions of issuing the equity instruments.

Revenue Recognition

Partnership profit share income, consisting of interest on loans made by the LLP, is recognised in the period in which it is earned.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including the director	2		4

3. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2024	126,295		126,295
Additions	( 14,730)		( 14,730)
Disposals	( 71,935)		( 71,935)
At 31 March 2025	39,630		39,630
Carrying value at 31 March 2025	39,630		39,630
Carrying value at 31 March 2024	126,295		126,295

The investment represents a share of the net assets of Laxfield LLP which is a money lending business.

4. Debtors

	2025		2024
	£		£
Amounts owed by related parties (note 7)	5,874		0
Other debtors	792		3,497
	6,666		3,497

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	0		10,440
Amounts owed to related parties (note 7)	0		6,767
Taxation and social security	0		752
Other creditors	91,748		206,960
	91,748		224,919

6. Financial commitments

Other financial commitments

	2025		2024
	£		£
Commitments in respect to Laxfield LLP	162		878

7. Related party transactions

Other related party transactions

	2025		2024
	£		£
Loan from shareholders	84,440		200,000
Amounts owed (to)/from Laxfield LLP	(5,874)		6,767

In the year ended 31 March 2020, the shareholders advanced a total of £410,000 to the company to allow it to repay loans and meet commitments. In the year ended 31 March 2025, £115,560 was repaid to the shareholders (2024: £210,000). The loans are interest free and repayable on demand.

At the year end, Laxfield Capital LLP, of which the company is a designated member, owed £5,874 to the company (2024: £6,767 owed by the company to Laxfield Capital LLP). The balances are interest free and repayable on demand.