REGISTERED NUMBER: 05313692 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 31 December 2024

for

LEXHAM VENTURES LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D A C Perks

SECRETARY:

Mrs K Perks

REGISTERED OFFICE:

25 Eccleston Place

LONDON

SW1W 9NF

REGISTERED NUMBER:

05313692 (England and Wales)

FIXED ASSETS

428,846

Investments

5

515,485

CURRENT ASSETS

219,453

Debtors

5,660

102,359

Cash and cash equivalents

67,988

321,812

73,648

CREDITORS

297,584

Amounts falling due within one year

121,229

24,228

NET CURRENT (LIABILITIES)/ASSETS

(47,581

)

453,074

TOTAL ASSETS LESS CURRENT LIABILITIES

467,904

CREDITORS

17,314

Amounts falling due after more than one year

6,544

435,760

NET ASSETS

461,360

CAPITAL AND RESERVES

1

Called up share capital

1

435,759

Retained earnings

6

461,359

435,760

SHAREHOLDERS' FUNDS

461,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

D A C Perks - Director

1.	STATUTORY INFORMATION

LEXHAM VENTURES LTD 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 presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The director has made no key judgements or estimations in preparing these financial statements.

Turnover

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

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Going concern

In his assessment of going concern the director had considered the impact on the business as a result of the prevailing economic uncertainty. This has not had any significant, immediate impact on the company's operations. In addition, the shareholders have provided assurances of their continued support of this company.

Having regard to the above, the director believes it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2024

435,345

Additions

106,641

Disposals

(20,002

)

At 31 December 2024

521,984

PROVISIONS

At 1 January 2024

and 31 December 2024

6,499

NET BOOK VALUE

At 31 December 2024

515,485

At 31 December 2023

428,846

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 Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

6.

RESERVES

Retained

earnings

£

At 1 January 2024

435,759

Profit for the year

55,600

Dividends

(30,000

)

At 31 December 2024

461,359

7.	RELATED PARTY DISCLOSURES

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D A C Perks.