Company registration number: 15089043
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
Lucas Mae Ltd
Pages for filing with the Registrar
Company registration number: 15089043
Lucas Mae Ltd
Balance sheet
as at 31 August 2025
31 Aug 25 31 Aug 24
Note £ £ £ £
Fixed assets
Tangible assets 4 1,023,680 743,944
1,023,680 743,944
Current assets
Cash at bank and in hand 1,768 14,909
1,768 14,909
Creditors: amounts falling due within one
year 		(1,560) (761,060)
Net current assets/(liabilities) 208 (746,151)
Total assets less current liabilities 1,023,888 (2,207)
Creditors: Amounts falling due after more
than one year 		5 (1,024,639) -
NET LIABILITIES (751) (2,207)
Capital and reserves
Called up share capital 1 -
Profit and loss account (752) (2,207)
TOTAL EQUITY (751) (2,207)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 15089043
Lucas Mae Ltd
Balance sheet - continued
as at 31 August 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
J Turze, Director
1 May 2026
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Lucas Mae Ltd
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
Lucas Mae Ltd is a private company registered in England and Wales. Its registered number is 15089043. The company is limited by shares. Its registered office is 36 Stret Constantine, Newquay, Cornwall, TR7 1GH.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Investment Property:
Freehold property -
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Tangible fixed assets
Investment
Property
£
Cost
At 1 September 2024 743,944
Additions 279,736
At 31 August 2025 1,023,680
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Lucas Mae Ltd
Notes to the financial statements - continued
for the year ended 31 August 2025
4 Tangible fixed assets - continued
Depreciation
At 31 August 2025 -
Net book value
At 31 August 2025 1,023,680
At 31 August 2024 743,944
5 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
31 Aug 25 31 Aug 24
£ £
Repayable by instalments
Bank loans 150,000 -
6 Investment Property
The company holds investment property with a fair value at the year end of £1,023,680. The property is held to earn rental income and is not owner-occupied.
7 Directors' loan account
The directors' loan account balance of £874,639 is included within creditors falling due after more than one year.

The balance is not repayable within the next 12 months, is unsecured and is interest free.

The loan represents amounts advanced by the director to the company to fund property acquisition and working capital requirements.
8 Bank Loan
The bank loan of £150,000 is secured by a fixed charge over the company's investment property. The loan is repayable after more than one year and is carried at amortised cost.
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