REGISTERED NUMBER: 02771988 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

The Lippin Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R B Lippin

Mrs R Saarela

REGISTERED OFFICE:

1 Princeton Mews

167-169 London road

Kingston Upon Thames

Surrey

KT2 6PT

BUSINESS ADDRESS:

64 Elizabeth Court

Westbrook Gardens

Margate

CT9 5FN

REGISTERED NUMBER:

02771988 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

525

768

CURRENT ASSETS

Debtors

5

179,129

203,923

Cash at bank

11,805

35,694

190,934

239,617

CREDITORS

Amounts falling due within one year

6

19,539

35,435

NET CURRENT ASSETS

171,395

204,182

TOTAL ASSETS LESS CURRENT LIABILITIES

171,920

204,950

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

170,920

203,950

SHAREHOLDERS' FUNDS

171,920

204,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Mrs R Saarela - Director

1.	STATUTORY INFORMATION

The Lippin Company 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.

Turnover

Turnover represents fees, commissions and expenses in respect of public relations and consultancy services provided during the year and is stated net of value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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.

Going concern

The accounts have been prepared on a going concern basis as the directors have received adequate assurance from the holding company that additional funding will be made available if required to ensure that the company can continue to meet its liabilities as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2025

and 30 June 2026

11,259

5,827

17,086

DEPRECIATION

At 1 July 2025

11,130

5,188

16,318

Charge for year

32

211

243

At 30 June 2026

11,162

5,399

16,561

NET BOOK VALUE

At 30 June 2026

97

428

525

At 30 June 2025

129

639

768

5.

DEBTORS

30.6.26

30.6.25

£

£

Amounts falling due within one year:

Trade debtors

15,600

27,727

Other debtors

-

18

Prepayments and accrued income

1,276

4,073

16,876

31,818

Amounts falling due after more than one year:

Amounts owed by parent company

162,253

172,105

Aggregate amounts

179,129

203,923

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Pension

430

498

VAT

5,746

8,659

Other creditors

1,200

1,200

Accruals and deferred income

12,163

25,078

19,539

35,435

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.26

30.6.25

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme.The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £21,091 (2025: £27,578). The pension contributions outstanding at the year end amounted to £184 (2025 - £213).

9.	RELATED PARTY DISCLOSURES

The company is controlled by its parent company Lippin Group Inc.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is The Lippin Group INC. The registered address is 10675B Santa Monica Blvd, Los Angeles, California 90025, US.