COMPANY REGISTRATION NUMBER:
11497650
|
Filleted Unaudited Financial Statements |
|
|
Statement of Financial Position |
|
31 August 2025
Fixed assets
|
Investments |
4 |
500,000 |
500,000 |
|
|
|
|
Current assets
|
Creditors: amounts falling due within one year |
6 |
849,800 |
499,900 |
|
--------- |
--------- |
|
Net current liabilities |
499,900 |
499,900 |
|
--------- |
--------- |
|
Total assets less current liabilities |
100 |
100 |
|
---- |
---- |
|
|
|
|
Capital and reserves
|
Called up share capital |
100 |
100 |
|
---- |
---- |
|
Shareholders funds |
100 |
100 |
|
---- |
---- |
|
|
|
These financial statements have been prepared and delivered 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'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
29 July 2026
, and are signed on behalf of the board by:
Company registration number:
11497650
|
Notes to the Financial Statements |
|
Year ended 31 August 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 The Old Mill, 9 Soar Lane, Leicester, LE3 5DE.
2.
Statement of compliance
These 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 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 financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The companies liabilities exceed its assets by £ as at the year end. The directors have stated that they will continue to support the company and therefore the company will continue on a going concern basis.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
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. 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.
4.
Investments
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 1 September 2024 and 31 August 2025 |
500,000 |
|
--------- |
|
Impairment |
|
|
At 1 September 2024 and 31 August 2025 |
– |
|
--------- |
|
|
|
Carrying amount |
|
|
At 31 August 2025 |
500,000 |
|
--------- |
|
At 31 August 2024 |
500,000 |
|
--------- |
|
|
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
349,900 |
– |
|
--------- |
---- |
|
|
|
6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
849,800 |
499,900 |
|
--------- |
--------- |
|
|
|
7.
Controlling party
The company's immediate parent company is Lambo Investments Limited, registered office The Old Mill, 9 Soar Lane, Leicester LE3 5DE.