REGISTERED NUMBER: 14829398 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Lemco Property & Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Lemon

M Lemon

REGISTERED OFFICE:

17 Hillview Grove

Newbottle

Houghton Le Spring

Tyne and Wear

DH4 4SL

REGISTERED NUMBER:

14829398 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Investments

4

2,995,844

2,774,275

Investment property

5

124,935

124,935

3,120,779

2,899,210

CURRENT ASSETS

Debtors

6

270,780

-

Cash at bank

59,018

326,182

329,798

326,182

CREDITORS

Amounts falling due within one year

7

(81,036

)

(11,686

)

NET CURRENT ASSETS

248,762

314,496

TOTAL ASSETS LESS CURRENT LIABILITIES

3,369,541

3,213,706

PROVISIONS FOR LIABILITIES

8

(262,696

)

(281,097

)

NET ASSETS

3,106,845

2,932,609

CAPITAL AND RESERVES

Called up share capital

9

26

26

Revaluation reserve

10

836,217

891,419

Retained earnings

2,270,602

2,041,164

SHAREHOLDERS' FUNDS

3,106,845

2,932,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

M Lemon - Director

1.	STATUTORY INFORMATION

Lemco Property & Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions that were conducted under normal market conditions.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and

subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Managed investments includes stocks, shares and cryptocurrency managed by a broker and actively traded on an investment platform.

Self managed investments includes cryptocurrency managed by the company traded on a cryptocurrency platform

Both managed and self managed investments are held for long term future appreciation.

Cryptocurrencies are held at fair value with any gains/ losses being recognised in the profit and loss account.

Income recognition

Income is recognised when the service has been provided.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	FIXED ASSET INVESTMENTS

2026

2025

£

£

Other investments not loans

2,995,844

2,774,275

Additional information is as follows:

Other

investments

£

COST OR VALUATION

At 1 April 2025

2,774,249

Additions

649,542

Disposals

(354,370

)

Revaluations

(73,603

)

At 31 March 2026

2,995,818

NET BOOK VALUE

At 31 March 2026

2,995,818

At 31 March 2025

2,774,249

Cost or valuation at 31 March 2026 is represented by:

Other

investments

£

Valuation in 2024

424,632

Valuation in 2025

755,770

Valuation in 2026

(73,603

)

Cost

1,889,019

2,995,818

Investments (neither listed nor unlisted) were as follows:

2026

2025

£

£

Investments in associate

26

26

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

124,935

NET BOOK VALUE

At 31 March 2026

124,935

At 31 March 2025

124,935

Directors have assessed the valuation of properties at the year end and considered there to be no material changes.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Directors' current accounts

270,780

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

77,230

8,660

Other creditors

26

26

Accruals and deferred income

3,780

3,000

81,036

11,686

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

262,696

281,097

Deferred

tax

£

Balance at 1 April 2025

281,097

Tax impact of revaluations

(18,401

)

Balance at 31 March 2026

262,696

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

260

Ordinary

£0.10

26

26

10.

RESERVES

Revaluation

reserve

£

At 1 April 2025

891,419

Revaluation of financial asset

(73,603

)

Deferred tax on revaluation

18,401

At 31 March 2026

836,217

Revaluation reserve represents the increase in the fair value of fixed asset investments net of deferred tax

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2026 and the period ended 31 March 2025:

2026

2025

£

£

M Lemon

Balance outstanding at start of year

-

-

Amounts advanced

270,780

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

270,780

-

Interest on the above balance as been charged at 3.75%.