LWH JLC EVITA INVESTMENTS LIMITED


Directors	HARRISON, Michael
	LLOYD, James Raymond


Registered Address	S24 Somerset House
	Strand
	London
	WC2R 1LA


Registered Number	16205976 (England and Wales)

Notes to the Financial Statements
for the period ended 30 April 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The financial statements have not been prepared on a going concern basis. The company was established to invest in the theatrical production Evita, which concluded its run during the period. Following the completion of the production, the company will no longer have any trading activity and will cease operations. The directors have decided that the company will be wound up within 12 months of the balance sheet date. As a result, the financial statements have been prepared on a non-going concern basis, and adjustments have been made where necessary to reflect the estimated realizable values of assets and to provide for any additional liabilities arising during the wind-down period. Liabilities have been recognized to the extent where third-party investors are entitled to a share of net assets. No adjustments have been made to reflect any potential future income or expenses that would have occurred if the company were to continue as a going concern. The directors believe that the company will have sufficient resources to meet its obligations as they fall due during the wind-down period.

Going concern

The financial statements have not been prepared on a going concern basis.

The company was established to invest in the theatrical production Evita, which concluded its run during the period. Following the completion of the production, the company will no longer have any trading activity and will cease operations. The directors have decided that the company will be wound up within 12 months of the balance sheet date.

As a result, the financial statements have been prepared on a non-going concern basis, and adjustments have been made where necessary to reflect the estimated realizable values of assets and to provide for any additional liabilities arising during the wind-down period. Liabilities have been recognized to the extent where third-party investors are entitled to a share of net assets. No adjustments have been made to reflect any potential future income or expenses that would have occurred if the company were to continue as a going concern.

The directors believe that the company will have sufficient resources to meet its obligations as they fall due during the wind-down period.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. 

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2026
	Average number of employees during the year	0

3.	Tangible fixed assets
	The company’s investment in subsidiary undertaking is classified as a fixed asset investment, recognised at cost less any provision for impairment.

4.	Fixed asset investments
	Investment in Subsidiary:

	Other investments¹	Total
	£	£
Cost or valuation
Additions	2	2
At 30 April 26	2	2
Net book value
At 30 April 26	2	2

	Notes
	¹Other investments other than loans

5.	Creditors: amounts due within one year

		2026
		£
	Accrued liabilities and deferred income	2,298,314
	Total	2,298,314


	Accrued liabilities are amounts owed to third party investors for their share of the net assets available.

6.	Share capital
	The ordinary share capital of the company during the period was: Allotted called up and fully paid 2 Ordinary Shares of £1

7.	Parent-subsidiary relationships
	The subsidiary undertaking is LWH JLC Evita Limited with registered office address S24 West Wing, Somerset House, London WC2R 1LA. The class of shares held is ordinary and the direct holding is 100%.

	Notes	2026
		£	£
Fixed assets
Investments	4		2
			2
Current assets
Debtors		14,048
Cash at bank and on hand		2,284,266
		2,298,314
Creditors amounts falling due within one year	5	(2,298,314)
Total assets less current liabilities			2
Net assets			2
Capital and reserves
Called up share capital			2
Shareholders' funds			2