Company No: 03579722 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Investments	4	200		200
		200		200
Current assets
Debtors	5	161,823		161,823
Cash at bank and in hand	6	133		735
		161,956		162,558
Creditors: amounts falling due within one year	7	( 70,390)		( 370,390)
Net current assets/(liabilities)		91,566		(207,832)
Total assets less current liabilities		91,766		(207,632)
Net assets/(liabilities)		91,766		( 207,632)
Capital and reserves
Called-up share capital	8	58,900		77,500
Capital redemption reserve		18,600		0
Profit and loss account		14,266		( 285,132 )
Total shareholders' funds/(deficit)		91,766		( 207,632)

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Longcrest Limited (registered number: 03579722) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Mark Patrick Leslie Burgin Director

17 August 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Longcrest Limited (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

3 - 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Comprehensive Income as described below.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	3		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	2,075		2,075
At 31 December 2025	2,075		2,075
Accumulated depreciation
At 01 January 2025	2,075		2,075
At 31 December 2025	2,075		2,075
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 January 2025	200
At 31 December 2025	200
Carrying value at 31 December 2025	200
Carrying value at 31 December 2024	200

5. Debtors

	2025		2024
	£		£
Amounts owed by group undertakings	161,823		161,823

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	133		735

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to group undertakings	70,390		370,390

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
58,900 Ordinary shares of £ 1.00 each (2024: 77,500 shares of £ 1.00 each)	58,900		77,500