REGISTERED NUMBER: 01244925 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JANUARY 2025 TO 31ST MARCH 2026

FOR

LIXMERE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Shah

Mrs Anya Shah-Spellward

SECRETARY:

Mrs S Shah

REGISTERED OFFICE:

1 Doughty Street

London

WC1N 2PH

REGISTERED NUMBER:

01244925 (England and Wales)

BANKERS:

The Royal Bank of Scotland plc

Lloyds Bank plc

FIXED ASSETS

Investment property

4

1,320,000

1,350,000

CURRENT ASSETS

Debtors

5

53,667

81,949

Cash at bank

101,477

38,462

155,144

120,411

CREDITORS

Amounts falling due within one year

6

926,502

420,250

NET CURRENT LIABILITIES

(771,358

)

(299,839

)

TOTAL ASSETS LESS CURRENT LIABILITIES

548,642

1,050,161

CREDITORS

Amounts falling due after more than one year

7

(13,729

)

(489,439

)

PROVISIONS FOR LIABILITIES

(32,818

)

-

NET ASSETS

502,095

560,722

CAPITAL AND RESERVES

Called up share capital

9

5,000

5,000

Fair value reserve

10

116,744

146,744

Retained earnings

380,351

408,978

SHAREHOLDERS' FUNDS

502,095

560,722

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 14th July 2026 and were signed on its behalf by:

Mrs S Shah - Director

1.	STATUTORY INFORMATION

Lixmere Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 period was 4 (2024 - 4 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2025

1,350,000

Revaluations

(30,000

)

At 31st March 2026

1,320,000

NET BOOK VALUE

At 31st March 2026

1,320,000

At 31st December 2024

1,350,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2012

86,150

Valuation in 2014

15,000

Valuation in 2015

50,000

Valuation in 2017

25,000

Valuation in 2021

20,122

Valuation in 2022

(60,000

)

Valuation in 2024

25,000

Valuation in 2026

(30,000

)

Cost

1,188,728

1,320,000

Investment properties are valued at fair values by the directors of the company.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Other debtors

53,667

81,949

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Bank loans and overdrafts

-

33,600

Taxation and social security

10,300

5,715

Other creditors

916,202

380,935

926,502

420,250

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2024

£

£

Bank loans

-

475,710

Other creditors

13,729

13,729

13,729

489,439

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

333,710

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2024

£

£

Bank loans

-

509,310

The bank loan was secured on one of the the company's freehold land and building and a debenture on the company's assets.The bank loan was fully paid during period to 31 March 2026..

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2024

value:

£

£

5,000

Ordinary shares

£1

5,000

5,000

10.

RESERVES

Fair

value

reserve

£

At 1st January 2025

146,744

Transfer

(30,000

)

At 31st March 2026

116,744

11.	RELATED PARTY DISCLOSURES

During the period, Lixmere Limited undertook the following transactions with another company with common shareholders and directors:

2026

2024

£

£

Management recharges to related party

68,750

55,000

Interest payable on loan received to related party

(62,680

)

(25,576

)

Amount due to related party at balance sheet date:

- loan payable to related party

(860,000

)

(300,000

)

- Interest payable on the loan

(1,860

)

(53,326

)

(861,860

)

(353,326

)

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S Shah.