REGISTERED NUMBER: 06377188 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

LEXIS LONDON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

L Panteli

SECRETARY:

Mrs E Logara-Panteli

REGISTERED OFFICE:

1st Floor

69 Ballards Lane

Finchley Central

London

N3 1XT

REGISTERED NUMBER:

06377188 (England and Wales)

ACCOUNTANTS:

Chris Skarparis & Co Ltd

Chartered Accountants

2nd Floor

10(b) Aldermans Hill

Palmers Green

London

N13 4PJ

FIXED ASSETS

Intangible assets

4

3,600

-

Tangible assets

5

18,368

20,743

21,968

20,743

CURRENT ASSETS

Stocks

10,000

5,000

Debtors

6

28,793

104,655

Cash at bank

-

12

38,793

109,667

CREDITORS

Amounts falling due within one year

7

61,528

89,414

NET CURRENT (LIABILITIES)/ASSETS

(22,735

)

20,253

TOTAL ASSETS LESS CURRENT LIABILITIES

(767

)

40,996

CREDITORS

Amounts falling due after more than one year

8

89,486

117,363

NET LIABILITIES

(90,253

)

(76,367

)

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

12

(90,353

)

(76,467

)

SHAREHOLDERS' FUNDS

(90,253

)

(76,367

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2026 and were signed by:

L Panteli - Director

1.	STATUTORY INFORMATION

Lexis London Limited is a private company,limited by shares, registered in England and Wales.The company 's registered number is 06377188 and registered office address is 69 Ballards Lane, Finchley Central, London N3 1XT.

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 historical cost convention.

Turnover

Turnover represents net invoiced sales of services.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of nil years.

Website costs

Website development costs are amortised over 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance and 15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The directors have considered the working capital position of the company and future working capital requirements, including any impact from the ongoing conflict in Ukraine and high interest rates in the UK and are satisfied that the company will be able to meet its liabilities as they fall due for a period of not less than one year from date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 October 2024

18,854

Additions

4,500

At 30 September 2025

23,354

AMORTISATION

At 1 October 2024

18,854

Charge for year

900

At 30 September 2025

19,754

NET BOOK VALUE

At 30 September 2025

3,600

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2024

and 30 September 2025

3,300

32,241

35,541

DEPRECIATION

At 1 October 2024

330

14,468

14,798

Charge for year

330

2,045

2,375

At 30 September 2025

660

16,513

17,173

NET BOOK VALUE

At 30 September 2025

2,640

15,728

18,368

At 30 September 2024

2,970

17,773

20,743

6.

DEBTORS

30.9.25

30.9.24

£

£

Amounts falling due within one year:

Amounts recoverable on contract

18,793

-

Directors' current accounts

-

94,655

Prepayments

5,000

5,000

23,793

99,655

30.9.25

30.9.24

£

£

Amounts falling due after more than one year:

Other Debtors - Rent Deposit

5,000

5,000

Aggregate amounts

28,793

104,655

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

33,300

59,509

Other loans

21,844

21,844

Trade creditors

1

2

Tax

(334

)

1,033

Social security and other taxes

1,538

425

Net Wages

4,782

5,797

Pension a/c

160

204

Directors' current accounts

237

-

Accrued expenses

-

600

61,528

89,414

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loan - HSBC

28,584

35,173

Finance cost

(649

)

(649

)

Other loans

61,551

82,839

89,486

117,363

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.9.25

30.9.24

£

£

Within one year

20,000

20,000

10.	FINANCIAL INSTRUMENTS

.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

100

Ordinary

1

100

100

12.

RESERVES

Retained

earnings

£

At 1 October 2024

(76,467

)

Deficit for the year

(13,886

)

At 30 September 2025

(90,353

)

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

£

L Panteli

Balance outstanding at start of year

94,655

51,801

Amounts advanced

-

97,605

Amounts repaid

(94,655

)

(54,751

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

94,655

14.	GOING CONCERN

The financial statements have been prepared on a going concern basis on the assumption that the directors will continue supporting the company. As at 30 September 2025, the company had Net Liabilities of £90,253 (2024: £76,367)

The Company is steadily recovering from major impacts on the English language teaching industry over the last few years; such as the exit from the European Union and high levels of inflation in the UK and globally.

The industry is now stabilising with evident growth in sales and marginal changes in fixed costs for the Company.The UK is leading the way in this recovery, with 2027 expected to demonstrate significant market share increases and revenue/ profit for the Company.

The Company is taking all the steps it can to capitalise on this industry growth and thus protect the future of the business, the director therefore believes that it is appropriate to prepare the accounts on a going concern basis.

In order for the Company to reach its expansion plans, working capital investment has also been sought for sales and marketing purposes.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lexis London Limited for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lexis London Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lexis London Limited and state those matters that we have agreed to state to the director of Lexis London Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lexis London Limited and its director for our work or for this report.

It is your duty to ensure that Lexis London Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Lexis London Limited. You consider that Lexis London Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lexis London Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Chris Skarparis & Co Ltd

Chartered Accountants

2nd Floor

10(b) Aldermans Hill

Palmers Green

London

N13 4PJ

26 June 2026