REGISTERED NUMBER: SC565606 (Scotland)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Luzern Investments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G Steedman

Mrs J M Steedman

REGISTERED OFFICE:

15 Easdale Place

Newton Mearns

Glasgow

G77 6XD

REGISTERED NUMBER:

SC565606 (Scotland)

ACCOUNTANTS:

McDougall Johnstone Limited

280a St Vincent Street

Glasgow

G2 5RL

FIXED ASSETS

Investment property

4

194,797

194,797

CURRENT ASSETS

Debtors

5

65,004

25,004

Cash at bank

365,119

397,101

430,123

422,105

CREDITORS

Amounts falling due within one year

(22,080

)

(9,247

)

NET CURRENT ASSETS

408,043

412,858

TOTAL ASSETS LESS CURRENT LIABILITIES

602,840

607,655

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

602,836

607,651

602,840

607,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Balance Sheet for the year ended 31 July 2025 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 Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

S G Steedman - Director

1.	STATUTORY INFORMATION

Luzern Investments Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

194,797

NET BOOK VALUE

At 31 July 2025

194,797

At 31 July 2024

194,797

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other debtors

4

4

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the director £200 (2024: £796). This loan is interest-free and repayable on demand.

7.	RELATED PARTY DISCLOSURES

S G Steedman

A company in which Mr Steedman is a director.

Loans to the value of £40,000 were paid to Mayacha Futures Limited during the year.

S G Steedman

A Company in which Mr Steedman is a Director.

Loans to the value of £20,000 were received during the year from Progress Sponsorship & Communications Limited

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S G Steedman and J Steedman