LRM Planning Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

LRM Planning Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08618388 . The registered office is 22 Cathedral Road , Pontcanna, Cardiff, CF11 9LJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied :

(i) the amount can be measured reliably;

(ii) it is probable that the Company will receive the consideration due under the contract;

(iii) the stage of completion of the contract at the end of the reporting period can be measured reliably;

(iv) the costs incurred and the costs to complete the contract can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% straight line
Computer Equipment	3 years

2.4. Leasing and Hire Purchase Contracts

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

2.5. 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.

All of the financial instruments applying to the company are basic as defied in the Accounting Standard, and as such are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.

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LRM Planning Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

2.7. Pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.8. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the Balance sheet and the amount of the provision as an expense.

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LRM Planning Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 11)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	11,752	39,448	51,200
Additions	-	8,026	8,026

As at 31 December 2025	11,752	47,474	59,226

Depreciation
As at 1 January 2025	11,743	22,718	34,461
Provided during the period	9	8,516	8,525

As at 31 December 2025	11,752	31,234	42,986

Net Book Value
As at 31 December 2025	-	16,240	16,240

As at 1 January 2025	9	16,730	16,739

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	307,293	416,969
Prepayments and accrued income	38,705	23,764
Other debtors	4,415	2,690
Amounts owed by group undertakings	-	406,234

	350,413	849,657

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	21,224	20,637
Other taxes and social security	107,278	119,847
Other creditors	3,236	3,405
Accruals and deferred income	11,101	4,805
Amounts owed to group undertakings	14,000	75,263

	156,839	223,957

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LRM Planning Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Accelerated capital allowances	4,060	4,185

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 January 2025	4,185	4,185
Deferred taxation	(125 )	(125 )

Balance at 31 December 2025	4,060	4,060

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
10,000 Ordinary Shares of £ 0.01 each	100	100

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	34,801	36,598
Later than one year and not later than five years	8,370	42,346

	43,171	78,944

11. Pension Commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £44,436 (2024 - £38,999). Contributions totalling £2,815 (2024 - £3,405) were payable to the fund at the balance sheet date and are included in creditors.

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LRM Planning Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Related Party Transactions

LMAP Limited

Immediate parent company

A loan of £75,263 had previously been provided by the immediate parent company LMAP Limited. The loan is unsecured, interest free and repayable on demand, £61,263 of this loan was repaid during the reporting period. At the balance sheet date the amount due to LMAP Limited was £14,000 (2024 : £75,263).

LMAP Holdings Limited

Ultimate parent company

The company provided a loan of £406,234 to its ultimate parent company LMAP Holdings Limited on 28 October 2024. The loan was unsecured, interest free and repayable on demand. The loan was repaid in full during the reporting period. At the balance sheet date the amount due from LMAP Holdings Limited was nil (2024: £406,234).

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		16,240		16,739

			16,240		16,739
CURRENT ASSETS
Debtors	5	350,413		849,657
Cash at bank and in hand		571,016		416,874

		921,429		1,266,531
Creditors: Amounts Falling Due Within One Year	6	(156,839 )		(223,957 )

NET CURRENT ASSETS (LIABILITIES)			764,590		1,042,574

TOTAL ASSETS LESS CURRENT LIABILITIES			780,830		1,059,313

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(4,060 )		(4,185 )

NET ASSETS			776,770		1,055,128

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			776,670		1,055,028

SHAREHOLDERS' FUNDS			776,770		1,055,128

Mr N P Mantell Director	Mr T O Jones Director
15 June 2026