LEX LOCI LIMITED


Director	JOHNSTON, Susan


Company Secretary	JOHNSTON, Michael


Registered Address	The Long Barn
	Harlow Hill
	Newcastle Upon Tyne
	NE15 0QD


Registered Number	05512225 (England and Wales)

Statement of Financial Position
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		254,141		779
			254,141		779
Current assets
Debtors		2,771		207
Cash at bank and on hand		3,412		40
		6,183		247
Creditors amounts falling due within one year	4	(272,734)		(300)
Net current assets (liabilities)			(266,551)		(53)
Total assets less current liabilities			(12,410)		726
Net assets			(12,410)		726
Capital and reserves
Called up share capital			100		100
Profit and loss account			(12,510)		626
Shareholders' funds			(12,410)		726

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 29 July 2026, and are signed on its behalf by:

JOHNSTON, Susan
Director
Registered Company No. 05512225

LEX LOCI LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 August 24	2,678
	Additions	254,360
	Disposals	(778)
	At 31 July 25	254,360
	Depreciation and impairment
	At 01 August 24	1,900
	Charge for year	219
	At 31 July 25	219
	Net book value
	At 31 July 25	254,141
	At 31 July 24	779

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	270,594	-
Accrued liabilities and deferred income	2,140	300
Total	272,734	300


	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.