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Company Registration No. 15327642 (England and Wales)
Lexington Surveyors Limited Unaudited accounts for the year ended 31 December 2025
Lexington Surveyors Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Lexington Surveyors Limited Company Information for the year ended 31 December 2025
Directors
Benjamin Jackman Jack Newport
Company Number
15327642 (England and Wales)
Registered Office
4 Barons Court Baker Street Waddesdon Aylesbury Buckinghamshire HP18 0LG England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Lexington Surveyors Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
23,459
2
Cash at bank and in hand
42,896
9,197
66,355
9,199
Creditors: amounts falling due within one year
5
(43,561)
(2,545)
Net current assets
22,794
6,654
Net assets
22,794
6,654
Capital and reserves
Called up share capital
6
2
2
Profit and loss account
22,792
6,652
Shareholders' funds
22,794
6,654
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2026 and were signed on its behalf by
Benjamin Jackman Director Company Registration No. 15327642
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Lexington Surveyors Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Lexington Surveyors Limited is a private company, limited by shares, registered in England and Wales, registration number 15327642. The registered office is 4 Barons Court, Baker Street, Waddesdon, Aylesbury, Buckinghamshire, HP18 0LG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on a going concern basis. The directors consider that the company has adequate resources to continue in operational existence for the foreseeable future, and therefore have adopted the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is recognised to the extent that it is probable that the economic benefit will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Where payments are received from customers in advance of the goods being provided, these payments are accounted for as deferred income and included within creditors.
Interest income
Interest income is recognised in profit or loss using the effective interest method.
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Lexington Surveyors Limited Notes to the Accounts for the year ended 31 December 2025
Taxation
Income tax expense represents the sum of the tax payable and 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 accounts. 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 tax expense for the year comprises current. 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.
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 and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Lexington Surveyors Limited Notes to the Accounts for the year ended 31 December 2025
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,068
-
Accrued income and prepayments
2,319
-
Other debtors
17,072
2
23,459
2
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
9,412
-
Taxes and social security
34,149
1,561
Other creditors
-
984
43,561
2,545
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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