REGISTERED NUMBER: NI626147 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Lexie Trading Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T Kerr

SECRETARY:

REGISTERED OFFICE:

183 Mill Street

Newtownards

Co. Down

BT23 4LN

REGISTERED NUMBER:

NI626147 (Northern Ireland)

ACCOUNTANTS:

MCA Accountants

Skeoge Industrial Estate

Beraghmore Rd

Londonderry

Co. Londonderry

BT48 8SE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

39,369

49,612

39,369

49,612

CURRENT ASSETS

Stocks

99,894

84,895

Debtors

6

87,279

89,179

Cash at bank and in hand

47,840

55,957

235,013

230,031

CREDITORS

Amounts falling due within one year

7

239,277

191,197

NET CURRENT (LIABILITIES)/ASSETS

(4,264

)

38,834

TOTAL ASSETS LESS CURRENT LIABILITIES

35,105

88,446

RESERVES

Retained earnings

35,105

88,446

35,105

88,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2026 and were signed by:

T Kerr - Director

1.	STATUTORY INFORMATION

Lexie Trading Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

10,000

AMORTISATION

At 1 December 2024

and 30 November 2025

10,000

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 December 2024

82,442

21,784

59,072

Additions

-

5,995

6,413

At 30 November 2025

82,442

27,779

65,485

DEPRECIATION

At 1 December 2024

49,465

19,269

47,074

Charge for year

8,244

4,014

11,310

At 30 November 2025

57,709

23,283

58,384

NET BOOK VALUE

At 30 November 2025

24,733

4,496

7,101

At 30 November 2024

32,977

2,515

11,998

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2024

20,900

20,569

204,767

Additions

-

3,931

16,339

At 30 November 2025

20,900

24,500

221,106

DEPRECIATION

At 1 December 2024

20,900

18,447

155,155

Charge for year

-

3,014

26,582

At 30 November 2025

20,900

21,461

181,737

NET BOOK VALUE

At 30 November 2025

-

3,039

39,369

At 30 November 2024

-

2,122

49,612

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

31,901

1,500

Amounts recoverable on contract

3,977

4,860

Other debtors

51,401

82,819

87,279

89,179

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,928

15,860

Trade creditors

172,040

144,062

Taxation and social security

31,000

18,373

Other creditors

30,309

12,902

239,277

191,197