REGISTERED NUMBER: 15032929 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Local Boy Holdings Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

P G Odell

W I F Stewart

T S Odell

REGISTERED OFFICE:

Unit 1 Old Greens Norton Road

Towcester

NN12 8AX

REGISTERED NUMBER:

15032929 (England and Wales)

ACCOUNTANTS:

CED Accountancy Services Limited

1 Lucas Bridge Business Park

1 Old Greens Norton Road

Towcester

Northamptonshire

NN12 8AX

FIXED ASSETS

Investments

4

2,856,113

900

CURRENT ASSETS

Debtors

1,744

101,000

Cash at bank

22,265

-

24,009

101,000

CREDITORS

Amounts falling due within one year

281,061

100,900

NET CURRENT (LIABILITIES)/ASSETS

(257,052

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

2,599,061

1,000

CREDITORS

Amounts falling due after more than one year

5

858,231

-

NET ASSETS

1,740,830

1,000

CAPITAL AND RESERVES

Called up share capital

7

1,681,362

1,000

Retained earnings

59,468

-

SHAREHOLDERS' FUNDS

1,740,830

1,000

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 29 January 2026 and were signed on its behalf by:

P G Odell - Director

W I F Stewart - Director

1.	STATUTORY INFORMATION

Local Boy Holdings Limited 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.

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.

Local Boy Holdings Limited was dormant until 28/10/2024. The prior period figures are therefore not comparable.

Preparation of consolidated financial statements

The financial statements contain information about Local Boy Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

On the 29th October 2024, the Company purchased the shares of three subsidiaries via share for share transfers, bank and other loans. The total purchase price was £2,856,113.

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 3 (2024 - NIL ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 August 2024

900

Additions

2,855,213

At 31 July 2025

2,856,113

NET BOOK VALUE

At 31 July 2025

2,856,113

At 31 July 2024

900

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.7.25

31.7.24

£

£

Repayable by instalments

Loan 1 (10351795) >5 Years

252,423

-

Loan 2 (10337799) >5 Years

252,121

-

504,544

-

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

504,544

-

The security for the loans included in borrowing costs include a fixed and floating charge. The floating charge covers all the property or undertaking of the company. They also contain negative pledges.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1,681,362

Ordinary

£1

1,681,362

500

500

Ordinary A

£1

-

500

1,681,362

1,000

The following shares were allotted and fully paid for cash at par during the year:

1,680,862 Ordinary shares of £1 each

0 Ordinary A shares of £1 each

On the 29th October 2024 the 500 Ordinary A shares at £1 per share were reclassified as 500 Ordinary shares at £1 per share.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Local Boy Holdings Limited for the year ended 31 July 2025 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Local Boy Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Local Boy Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Local Boy Holdings Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Local Boy Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Local Boy Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Local Boy Holdings Limited. You consider that Local Boy Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Local Boy Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

CED Accountancy Services Limited

1 Lucas Bridge Business Park

1 Old Greens Norton Road

Towcester

Northamptonshire

NN12 8AX

29 January 2026