Lyon & Turnbull Holdings Limited Company accounts

COMPANY REGISTRATION NUMBER: 16005661

Lyon & Turnbull Holdings Limited

Unaudited Abridged Financial Statements

31 July 2025

Lyon & Turnbull Holdings Limited

Abridged Financial Statements

Year ended 31 July 2025

Contents	Page

Directors' report	1

Abridged statement of comprehensive income	2

Abridged statement of financial position	3

Statement of changes in equity	4

Notes to the abridged financial statements	5

Lyon & Turnbull Holdings Limited

Directors' Report

Year ended 31 July 2025

The directors present their report and the unaudited abridged financial statements of the company for the year ended 31 July 2025 .

Directors

The directors who served the company during the year were as follows:

Mr I F Mackinnon	(Appointed 8 October 2024)
Mr E C R Schneider	(Appointed 8 October 2024)
Mr N W Curnow	(Appointed 12 December 2024)
Mr P S Roberts	(Appointed 12 December 2024)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 30 July 2026 and signed on behalf of the board by:

Mr I F Mackinnon

Director

Registered office:

Northwood House

Ward Avenue

Cowes

Isle of Wight

PO31 8AZ

Lyon & Turnbull Holdings Limited

Abridged Statement of Comprehensive Income

Year ended 31 July 2025

	2025
Note	£
Gross profit	–

Administrative expenses	308,279
	---------
Operating loss	( 308,279)

Other interest receivable and similar income	4	2,595
		---------
Loss before taxation		( 305,684)

Tax on loss	–
	---------
Loss for the financial year and total comprehensive income	( 305,684)
	---------

All the activities of the company are from continuing operations.

The company has no other recognised items of income and expenses other than the results for the year as set out above.

Lyon & Turnbull Holdings Limited

Abridged Statement of Financial Position

31 July 2025

	2025
Note	£

Current assets

Debtors	189,613
Cash at bank and in hand	4,704
	---------
	194,317
	---------
Net current assets	194,317
	---------
Total assets less current liabilities	194,317
	---------

Capital and reserves

Called up share capital	500,001
Profit and loss account	( 305,684)
	---------
Shareholders funds	194,317
	---------

These abridged financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 30 July 2026 , and are signed on behalf of the board by:

Mr I F Mackinnon

Director

Company registration number: 16005661

Lyon & Turnbull Holdings Limited

Statement of Changes in Equity

Year ended 31 July 2025

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 August 2024	–	–	–

Loss for the year		( 305,684)	( 305,684)
	----	---------	---------
Total comprehensive income for the year	–	( 305,684)	( 305,684)

Issue of shares	1	–	1
Exercise of options, rights and warrants	500,000	–	500,000
	---------	----	---------
Total investments by and distributions to owners	500,001	–	500,001

	---------	---------	---------
At 31 July 2025	500,001	( 305,684)	194,317
	---------	---------	---------

Lyon & Turnbull Holdings Limited

Notes to the Abridged Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Northwood House, Ward Avenue, Cowes, Isle of Wight, PO31 8AZ.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

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

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

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Other interest receivable and similar income

	2025
	£
Interest on bank deposits	2,595
	-------