ACCOUNTS - Final Accounts preparation

Company registration number: 14599259

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	LUCINDA RILEY INVESTMENTS LIMITED


LUCINDA RILEY INVESTMENTS LIMITED

COMPANY INFORMATION

Directors	S N Riley
	H A D Whittaker


Registered number	14599259


Registered office	Richmond House
	Walkern Road
	Stevenage
	SG1 2QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


LUCINDA RILEY INVESTMENTS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


LUCINDA RILEY INVESTMENTS LIMITED REGISTERED NUMBER:14599259

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		12,045,155		4,219,240
			12,045,155		4,219,240
Current assets
Cash at bank and in hand		4,398		-
		4,398		-
Creditors: amounts falling due within one year	5	(54,882)		(21,769)
Net current liabilities			(50,484)		(21,769)
Total assets less current liabilities			11,994,671		4,197,471
Creditors: amounts falling due after more than one year	6		(11,577,342)		(4,000,000)

Net assets			417,329		197,471

Capital and reserves
Called up share capital	7	10,000	10,000
Profit and loss account		407,329	187,471
		417,329	197,471

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LUCINDA RILEY INVESTMENTS LIMITED REGISTERED NUMBER:14599259

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

S N Riley

Director

Date: 26 December 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2


LUCINDA RILEY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Lucinda Riley Investment Limited is a private company, limited by shares, registered in Engalnd and Wales. The company's registered number and registered office address can be found on the Company Information page.
The comparative period shown in the financial statements is the period from 17 January 2023 to 31 March 2024. The director has chosen to extend the financial reporting date to 31 March 2024 of each year following the incorporation of the company. The extended comparative period should be taken into account when reviewing the information within the financial statements.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3


LUCINDA RILEY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Fixed asset investments

		Listed investments
		£
	Cost or valuation
	At 1 April 2024	4,219,240
	Additions	10,949,044
	Disposals	(3,403,694)
	Movement	29,607
	Management fees	(54,369)
	Interest and dividends	305,327
	At 31 March 2025	12,045,155

Page 4


LUCINDA RILEY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	52,382	19,158
Other creditors	-	111
Accruals and deferred income	2,500	2,500
	54,882	21,769

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Amounts owed to connected company	11,577,342	4,000,000
	11,577,342	4,000,000

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

2,490 (2024 - 2,490) Ordinary A shares of £1.00 each	2,490	2,490
2,490 (2024 - 2,490) Ordinary B shares of £1.00 each	2,490	2,490
2,490 (2024 - 2,490) Ordinary C shares of £1.00 each	2,490	2,490
2,490 (2024 - 2,490) Ordinary D shares of £1.00 each	2,490	2,490
40 (2024 - 40) Ordinary E shares of £1.00 each	40	40

	10,000	10,000

10,000 Ordinary shares of £1 each were allotted and fully paid for cash at par in the comparative period.

8.	Related party transactions
	At the reporting date the company owed £11,577,342 (2024: £4,000,000) to a connected company. The balance can be found within creditors due after one year. No interest is being charge on this loan.

Page 5