Company Registration No. 13264211 (England and Wales)
LOCKDUTTON CORPORATE FINANCE LTD
(FORMERLY LDCF ASSOCIATES LTD)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
LOCKDUTTON CORPORATE FINANCE LTD
(FORMERLY LDCF ASSOCIATES LTD)
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
LOCKDUTTON CORPORATE FINANCE LTD
(FORMERLY LDCF ASSOCIATES LTD)
Company Registration No. 13264211
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
283,651
339,451
Current assets
Debtors
4
217
14,814
Cash at bank and in hand
174,631
45,033
174,848
59,847
Creditors: amounts falling due within one year
5
(167,811)
(261,045)
Net current assets/(liabilities)
7,037
(201,198)
Net assets
290,688
138,253
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
290,588
138,153
Total equity
290,688
138,253

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 21 May 2026 and are signed on its behalf by:
C Hewitt-Dutton
Director
LOCKDUTTON CORPORATE FINANCE LTD
(FORMERLY LDCF ASSOCIATES LTD)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Lockdutton Corporate Finance Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Old Rectory, Church Street, Weybridge, Surrey, United Kingdom, KT13 8DE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided for corporate finance services, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Income is recognised upon completion of services delivered.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

1.4
Cash and cash equivalents

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

LOCKDUTTON CORPORATE FINANCE LTD
(FORMERLY LDCF ASSOCIATES LTD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
3
3
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025 and 31 March 2026
558,001
Amortisation and impairment
At 1 April 2025
218,550
Amortisation charged for the year
55,800
At 31 March 2026
274,350
Carrying amount
At 31 March 2026
283,651
At 31 March 2025
339,451
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
-
0
6,000
Other debtors
217
8,814
217
14,814
LOCKDUTTON CORPORATE FINANCE LTD
(FORMERLY LDCF ASSOCIATES LTD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
4
Debtors
(Continued)
- 4 -
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
63,075
8,940
Taxation and social security
96,636
23,815
Other creditors
8,100
228,290
167,811
261,045
6
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
25
25
25
25
Ordinary A shares of £1 each
25
25
25
25
Ordinary B shares of £1 each
25
25
25
25
Ordinary C shares of £1 each
25
25
25
25
100
100
100
100
7
Related party transactions

At the balance sheet date the company owed the director C Hewitt-Dutton £905 (2025 - £95,605). This loan is interest free and repayable on demand.

At the balance sheet date the company owed the director A Lock £4,944 (2024 - £130,535). This loan is interest free and repayable on demand.

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