House of Lions Limited
Exception report
for the year ended 31 August 2025
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Reserves
Opening balance at
1 September 2024
per TB 		Balance at 31
August 2024 per
accounts 		Difference
£ £ £
Profit and loss account (Account 968) 102,551 102,552 (1)
102,551 102,552 (1)
This page does not form part of the statutory financial statements.
Company registration number: 07728380
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
House of Lions Limited
Pages for filing with the Registrar
Company registration number: 07728380
House of Lions Limited
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 547,880 548,276
547,880 548,276
Current assets
Debtors 14,850 9,016
Cash at bank and in hand 243 7,772
15,093 16,788
Creditors: amounts falling due within one
year 		(217,090) (194,082)
Net current liabilities (201,997) (177,294)
Total assets less current liabilities 345,883 370,982
Creditors: Amounts falling due after more
than one year 		5 (231,556) (266,071)
Provisions for liabilities (3,518) (2,355)
NET ASSETS 110,809 102,556
Capital and reserves
Called up share capital 4 4
Profit and loss account 110,805 102,552
TOTAL EQUITY 110,809 102,556
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: 07728380
House of Lions Limited
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:
Mr G Murton, Director
29 May 2026
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House of Lions Limited
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
House of Lions Limited is a private company registered in England and Wales. Its registered number is 07728380. The company is limited by shares. Its registered office is Ideas House, Eastwood Close, London, E18 1RT.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Land and buildings:
Freehold Property - 0% reducing balance
Plant and machinery etc.:
Tools and Equipment - 15% reducing balance
Fixtures and Fittings - 15% reducing balance
Computer Equipment - 15% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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House of Lions Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 September 2024 544,705 6,625 551,330
Additions - 164 164
At 31 August 2025 544,705 6,789 551,494
Depreciation
At 1 September 2024 - 3,054 3,054
Charge for year - 560 560
At 31 August 2025 - 3,614 3,614
Net book value
At 31 August 2025 544,705 3,175 547,880
At 31 August 2024 544,705 3,571 548,276
If ENTER REVALUED CLASS had not been revalued, it would have been included at the following historical cost:
2025 2024
£ £
Cost 6,626 6,626
Accumulated depreciation 3,054 3,054
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:
2025 2024
£ £
Repayable by instalments
Bank loans 139,753 169,393
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House of Lions Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024.
2025 2024
£ £
Gary Murton
Balance outstanding at start of year (96,277) (97,374)
Amounts advanced 45,245 31,097
Amounts repaid (24,336) (30,000)
Balance outstanding at end of year (75,368) (96,277)
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