LCI Productions Limited Company accounts

COMPANY REGISTRATION NUMBER: 04452342

LCI Productions Limited

Unaudited Financial Statements

31 March 2025

LCI Productions Limited

Financial Statements

Year ended 31 March 2025

Contents	Pages

Officers and professional advisers	1

Directors' report	2

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	3

Statement of income and retained earnings	4

Statement of financial position	5 to 6

Notes to the financial statements	7 to 10

LCI Productions Limited

Officers and Professional Advisers

The board of directors	Mr C M Matthews
	Ms M H Weeks
	Mr R A Paul

Company secretary	Ms M H Weeks

Registered office	55 Merthyr Terrace
	Barnes
	London
	SW13 8DL

Accountants	Bryant & Co
	Chartered accountants
	20 Rollestone Road
	Holbury
	Southampton
	Hampshire
	SO45 2GB

Bankers	HSBC Bank plc
	67 George Street
	Richmond upon Thames
	TW9 1HG

LCI Productions Limited

Directors' Report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Mr C M Matthews
Ms M H Weeks
Mr R A Paul

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 30 December 2025 and signed on behalf of the board by:

Mr C M Matthews

Director

LCI Productions Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of LCI Productions Limited

Year ended 31 March 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 March 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Bryant & Co Chartered accountants

20 Rollestone Road Holbury Southampton Hampshire SO45 2GB

30 December 2025

LCI Productions Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

	2025	2024
Note	£	£
Turnover	1,759,693	1,711,063

Cost of sales	948,372	772,355
	------------	------------
Gross profit	811,321	938,708

Administrative expenses	907,460	918,406
Other operating income	1,484	14,234
	---------	---------
Operating (loss)/profit	( 94,655)	34,536

Interest payable and similar expenses		6,019	1,753
		---------	---------
(Loss)/profit before taxation	5	( 100,674)	32,783

Tax on (loss)/profit	( 3,124)	362
	---------	--------
(Loss)/profit for the financial year and total comprehensive income	( 97,550)	32,421
	---------	--------

Retained earnings at the start of the year	867,780	835,359
	---------	---------
Retained earnings at the end of the year	770,230	867,780
	---------	---------

All the activities of the company are from continuing operations.

LCI Productions Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6	24,240	41,188
Investments	7	1,000	1,000
		--------	--------
		25,240	42,188

Current assets

Stocks		42,331	46,110
Debtors	8	812,108	906,823
Cash at bank and in hand		157,940	71,665
		------------	------------
		1,012,379	1,024,598

Creditors: amounts falling due within one year	9	257,341		178,427
		------------		------------
Net current assets			755,038	846,171
			---------	---------
Total assets less current liabilities			780,278	888,359

Creditors: amounts falling due after more than one year	10		4,880	12,287

Provisions

Taxation including deferred tax	4,168	7,292
	---------	---------
Net assets	771,230	868,780
	---------	---------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	770,230	867,780
	---------	---------
Shareholders funds	771,230	868,780
	---------	---------

These financial statements have been prepared 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 .

LCI Productions Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 30 December 2025 , and are signed on behalf of the board by:

Mr C M Matthews

Director

Company registration number: 04452342

LCI Productions 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 55 Merthyr Terrace, Barnes, London, SW13 8DL.

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.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & machinery	-	15% straight line
Fixtures & fittings	-	10% straight line
Motor vehicles	-	25% straight line

Investments

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

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Financial instruments

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 entity after deducting all of its financial liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 10 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	16,948	18,862
	--------	--------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024 and 31 March 2025	126,760	171	23,095	150,026
	---------	----	--------	---------
Depreciation
At 1 April 2024	103,465	32	5,341	108,838
Charge for the year	11,676	15	5,257	16,948
	---------	----	--------	---------
At 31 March 2025	115,141	47	10,598	125,786
	---------	----	--------	---------
Carrying amount
At 31 March 2025	11,619	124	12,497	24,240
	---------	----	--------	---------
At 31 March 2024	23,295	139	17,754	41,188
	---------	----	--------	---------

7. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	1,000
	-------
Impairment
At 1 April 2024 and 31 March 2025	–
	-------

Carrying amount
At 31 March 2025	1,000
	-------
At 31 March 2024	1,000
	-------

8. Debtors

	2025	2024
	£	£
Trade debtors	59,103	143,807
Amounts owed by group undertakings and undertakings in which the company has a participating interest	610,755	584,798
Other debtors	142,250	178,218
	---------	---------
	812,108	906,823
	---------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,218	10,152
Trade creditors	68,352	60,597
Social security and other taxes	27,962	–
Pension fund	914	1,759
Other creditors	149,895	105,919
	---------	---------
	257,341	178,427
	---------	---------

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

	2025	2024
	£	£
Bank loans and overdrafts	1,963	12,287
Other creditors	2,917	–
	-------	--------
	4,880	12,287
	-------	--------

11. Directors' advances, credits and guarantees

Transactions with related parties are disclosed in Note 12 to the financial statements.

12. Related party transactions

During the year the company were charged £48,000 (2024: £54,000) in respect of management service charges. The transactions were made by a subsidiary company. The charges were made at arms length and, at 31 March 2025, LCI Productions Limited were owed £713,122 (2024: £753,064) by the other company. During the year the company repaid monies loaned by the holding company and, at 31 March 2025 owed £102,367 (2024 £168,266) to the holding company.

13. Controlling party

The ultimate parent company is LCI Holdings (UK) Limited, a company registered in the United Kingdom .