Registration number: 14728053

LMA London Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 8

LMA London Limited

Company Information

Director

S Allemann

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Auditor

Brebners Chartered Accountants & Statutory Auditor 130 Shaftesbury Avenue London W1D 5AR

LMA London Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	2,788,387	3,140,608
Investments	6	100	100
		2,788,487	3,140,708
Current assets
Debtors	7	2,856,739	2,358,794
Creditors: Amounts falling due within one year	8	(2,044,871)	(2,225,899)
Net current assets		811,868	132,895
Total assets less current liabilities		3,600,355	3,273,603
Creditors: Amounts falling due after more than one year	8	(3,567,245)	(3,215,745)
Provisions for liabilities	9	(181,718)	(181,718)
Net liabilities		(148,608)	(123,860)
Capital and reserves
Called up share capital		10,000	9,500
Retained earnings		(158,608)	(133,360)
Shareholders' deficit		(148,608)	(123,860)

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of LMA London Limited has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 4 August 2026
 

.........................................

S Allemann

Director

Company registration number: 14728053

LMA London Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is holding of leasehold property and assets utilised within the group for the operation of a restaurant and bar.

2	Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 4 August 2026 was Darren Bond, who signed for and on behalf of Brebners.

3	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Group accounts not prepared

In the opinion of the director, the company and its subsidiary undertakings comprises a small group. The company has therefore taken advantage of the exemption provided by Section 399 of the Companies Act 2006 not to prepare group accounts..

Disclosure of long or short period

The comparatives to these financial statements relate to the 15 month period from 1 October 2023 to 31 December 2024.

LMA London Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Going concern

The company made a loss for the year ended 31 December 2025 and had a deficiency of net assets at that date of £148,608.

The latest management accounts show a break-even position with the company continuing to maintain its position.

The company funds their working capital requirements through interest free loans and advances from former, current and prospective shareholders, who have advanced funds totalling £4,839,766 as at the year end. No matters have been drawn to the attention of the directors to suggest that this funding will not continue on acceptable terms in the future and the directors believe that the company is well placed to meet its commitments.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises recharges of rent and other overhead costs of the company to its subsidiary undertaking for use of the company's facilities and assets. Turnover is charged on a time basis over the lease and use of assets on a straight line basis, and in accordance with the company's lease commitments.

Turnover comprises the fair value of the consideration received or receivable charged in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

LMA London Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	Over period of lease
Furniture, fittings and equipment	20% - 33% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

LMA London Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

4	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

5	Tangible assets

	Leasehold improvements £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	2,817,379	588,086	3,405,465
Additions	20,900	31,688	52,588
At 31 December 2025	2,838,279	619,774	3,458,053
Depreciation
At 1 January 2025	186,959	77,898	264,857
Charge for the year	281,940	122,869	404,809
At 31 December 2025	468,899	200,767	669,666
Carrying amount
At 31 December 2025	2,369,380	419,007	2,788,387
At 31 December 2024	2,630,420	510,188	3,140,608

6	Investments

	2025 £	2024 £
Investments in subsidiaries	100	100