Lionhead Resources Advisors Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12779823

Lionhead Resources Advisors Limited

Filleted Unaudited Financial Statements

31 July 2025

Lionhead Resources Advisors Limited

Statement of Financial Position

31 July 2025

	2025	2024
Note	£	£

Fixed assets

Investments	4	48,668	57,312

Current assets

Debtors	5	528,471	162,409
Cash at bank and in hand		339,174	152,758
		---------	---------
		867,645	315,167

Creditors: amounts falling due within one year	6	769,068	624,077
		---------	---------
Net current assets/(liabilities)		98,577	( 308,910)
		---------	---------
Total assets less current liabilities		147,245	( 251,598)
		---------	---------

Capital and reserves

Called up share capital	446,528	206,147
Profit and loss account	( 299,283)	( 457,745)
	---------	---------
Shareholders funds/(deficit)	147,245	( 251,598)
	---------	---------

These financial statements have been prepared and delivered 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'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 July 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 .

These financial statements were approved by the board of directors and authorised for issue on 29 April 2026 , and are signed on behalf of the board by:

Mr RA Crookes

Director

Company registration number: 12779823

Lionhead Resources Advisors Limited

Notes to the Financial Statements

Year ended 31 July 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 10 Orange Street, Haymarket, London, WC2H 7DQ.

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.

Revenue recognition

Turnover represents fees received in respect of investment management services. Amounts include fees earned but not yet invoiced. All amounts are shown net of VAT.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Investments

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

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Financial instruments

Financial assets Financial assets are recognised when the Company becomes a party to the contractual provisions of the financial instrument. The Company does not hold any third party financial assets. Loans and receivables Trade receivables and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as 'loans and receivables'. Loans and receivables are initially recognised at fair value and are subsequently measured using the effective interest method less provision for any impairment. Financial liabilities and equity instruments Financial liabilities and equity 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 company after deducting all of its liabilities. Other financial liabilities (including borrowing and trade and other payables) are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method.

4. Investments

	Other investments other than loans
	£
Cost
At 1 August 2024	57,312
Revaluations	( 8,644)
	--------
At 31 July 2025	48,668
	--------
Impairment
At 1 August 2024 and 31 July 2025	–
	--------

Carrying amount
At 31 July 2025	48,668
	--------
At 31 July 2024	57,312
	--------

5. Debtors

	2025	2024
	£	£
Trade debtors	179,287	–
Other debtors	349,184	162,409
	---------	---------
	528,471	162,409
	---------	---------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	475,319	251,675
Other creditors	293,749	372,402
	---------	---------
	769,068	624,077
	---------	---------

7. Directors' advances, credits and guarantees

At the year-end the company owed one of the directors £101,501 (2024: £101,501).

8. Controlling party

Mr RA Crookes is the person with significant control.