LRM ST IVES LIMITED


Directors	CHAPMAN, Nigel Peter
	NARES, Anthony James Brewis


Company Secretary	KIN COMPANY SECRETARIAL LIMITED


Registered Address	4th Floor, 95 Chancery Lane
	London
	WC2A 1DT


Registered Number	10293807 (England and Wales)

Balance Sheet as at
30 December 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	3	511,238		395,030
Cash at bank and on hand		1,007		51
		512,245		395,081
Creditors amounts falling due within one year	4	(533,926)		(411,066)
Net current assets (liabilities)			(21,681)		(15,985)
Total assets less current liabilities			(21,681)		(15,985)
Creditors amounts falling due after one year	5		-		(4,159)
Net assets			(21,681)		(20,144)
Capital and reserves
Called up share capital			5,000		5,000
Profit and loss account			(26,681)		(25,144)
Shareholders' funds			(21,681)		(20,144)

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 Directors acknowledge 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 financial statements were approved and authorised for issue by the Board of Directors on 4 August 2026, and are signed on its behalf by:

CHAPMAN, Nigel Peter
Director
Registered Company No. 10293807

LRM ST IVES LIMITED

Notes to the Financial Statements
for the year ended 30 December 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	279,130	280,030
Other debtors	58,150	58,000
Prepayments and accrued income	173,958	57,000
Total	511,238	395,030

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	313,365	312,315
Bank borrowings and overdrafts	4,167	10,008
Other creditors	56,267	43,419
Accrued liabilities and deferred income	160,127	45,324
Total	533,926	411,066

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	4,159
Total	-	4,159