Liftex Group Limited
Unaudited Financial Statements
For the period ended 31 October 2025
Pages for Filing with Registrar
Company Registration No. 16041605 (England and Wales)
Liftex Group Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
Liftex Group Limited
Balance Sheet
As at 31 October 2025
Page 1
2025
Notes
£
£
Fixed assets
Investments
3
1,507,778
Current assets
Debtors
4
29,628
Cash at bank and in hand
427
30,055
Creditors: amounts falling due within one year
5
(12,500)
Net current assets
17,555
Net assets
1,525,333
Capital and reserves
Called up share capital
6
895,333
Profit and loss reserves
630,000
Total equity
1,525,333

For the financial period ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 21 August 2026 and are signed on its behalf by:
M Reeves-Hill
Director
Company Registration No. 16041605
Liftex Group Limited
Notes to the Financial Statements
For the period ended 31 October 2025
Page 2
1
Accounting policies
Company information

Liftex Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 3, Viscount Industrial Estate, Poyle, United Kingdom, SL3 0DF.

1.1
Reporting period

The reporting period is from the date of incorporation, being 25 October 2024, to 31 October 2025.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Liftex Group Limited
Notes to the Financial Statements (Continued)
For the period ended 31 October 2025
1
Accounting policies
(Continued)
Page 3
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
0
3
Fixed asset investments
2025
£
Shares in group undertakings and participating interests
1,507,778
Liftex Group Limited
Notes to the Financial Statements (Continued)
For the period ended 31 October 2025
3
Fixed asset investments
(Continued)
Page 4
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 25 October 2024
-
Additions
1,507,778
At 31 October 2025
1,507,778
Carrying amount
At 31 October 2025
1,507,778
4
Debtors
2025
Amounts falling due within one year:
£
Other debtors
29,628
5
Creditors: amounts falling due within one year
2025
£
Amounts owed to group undertakings
12,500
6
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
895,333
895,333
2025-10-31 2024-10-25 false false false 21 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity M Reeves-Hill P Horridge 16041605 2024-10-25 2025-10-31 16041605 2025-10-31 16041605 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 16041605 core:ShareCapital 2025-10-31 16041605 core:RetainedEarningsAccumulatedLosses 2025-10-31 16041605 core:ShareCapitalOrdinaryShareClass1 2025-10-31 16041605 bus:Director1 2024-10-25 2025-10-31 16041605 core:CurrentFinancialInstruments 2025-10-31 16041605 bus:OrdinaryShareClass1 2024-10-25 2025-10-31 16041605 bus:OrdinaryShareClass1 2025-10-31 16041605 bus:PrivateLimitedCompanyLtd 2024-10-25 2025-10-31 16041605 bus:SmallCompaniesRegimeForAccounts 2024-10-25 2025-10-31 16041605 bus:FRS102 2024-10-25 2025-10-31 16041605 bus:AuditExemptWithAccountantsReport 2024-10-25 2025-10-31 16041605 bus:Director2 2024-10-25 2025-10-31 16041605 bus:FullAccounts 2024-10-25 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP