Lakemont Investments Limited

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Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Lakemont Investments Limited for the period 14 January 2025 to 31 May 2026

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lakemont Investments Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made to the directors of Lakemont Investments Limited , as a body, in accordance with the terms of our engagement letter dated 29 January 2025. Our work has been undertaken solely to prepare for your approval the accounts of Lakemont Investments Limited and state those matters that we have agreed to state to the directors of Lakemont Investments Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lakemont Investments Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Lakemont Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Lakemont Investments Limited . You consider that Lakemont Investments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Lakemont Investments Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

8th October 2026

Ascendis Accountants, Business & Tax Advisors Ltd

Chartered Certified Accountants, Taxation and Business Advisors

First Floor, East Wing, Sandfield House

Kings Close, Water Lane

Wilmslow

Cheshire

SK9 5AR

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Lakemont Investments Limited

Balance Sheet

As At 31 May 2026

Balance Sheet

Registered number: 16181964

		31 May 2026
	Notes	£	£
FIXED ASSETS
Investment Properties	4		1,235,000

			1,235,000
CURRENT ASSETS
Debtors	5	1,786
Cash at bank and in hand		86,160

		87,946
Creditors: Amounts Falling Due Within One Year	6	(125,577 )

NET CURRENT ASSETS (LIABILITIES)			(37,631 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,197,369

Creditors: Amounts Falling Due After More Than One Year	7		(933,075 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(66,048 )

NET ASSETS			198,246

CAPITAL AND RESERVES
Called up share capital	10		100
Revaluation reserve			340,806
Profit and Loss Account			(142,660 )

SHAREHOLDERS' FUNDS			198,246

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Lakemont Investments Limited

Balance Sheet (continued)

As At 31 May 2026

For the period ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Nicholson

Director

8th October 2026

The notes on pages 4 to 6 form part of these financial statements.

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Lakemont Investments Limited

Notes to the Financial Statements

For the Period 14 January 2025 to 31 May 2026

Notes to the Financial Statements

1. General Information

Lakemont Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16181964 . The registered office is First Floor, East Wing, Sandfield House, King's Close, Water Lane, Wilmslow, Cheshire, SK9 5AR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account and the revaluation reserve account.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

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Lakemont Investments Limited

Notes to the Financial Statements (continued)

For the Period 14 January 2025 to 31 May 2026

4. Investment Property

	31 May 2026
	£
Fair Value
As at 14 January 2025	-
Additions	780,592
Revaluations	454,408

As at 31 May 2026	1,235,000

5. Debtors

	31 May 2026
	£
Due within one year
Amounts owed by group undertakings	50
Other debtors	1,736

	1,786

6. Creditors: Amounts Falling Due Within One Year

	31 May 2026
	£
Amounts owed to participating interests	119,996
Other creditors	5,581

	125,577

7. Creditors: Amounts Falling Due After More Than One Year

	31 May 2026
	£
Bank loans	933,075

8. Secured Creditors

There is a charge registered at Companies House over all properties.

Of the creditors the following amounts are secured.

	31 May 2026
	£
Bank loans and overdrafts	933,075

9. Provisions for Liabilities


	Deferred Tax	Total
	£	£
Deferred taxation	66,048	66,048

Balance at 31 May 2026	66,048	66,048

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Lakemont Investments Limited

Notes to the Financial Statements (continued)

For the Period 14 January 2025 to 31 May 2026

10. Share Capital

	31 May 2026
Allotted, called up and fully paid	£
50 Ordinary A shares of £ 1 each	50
50 Ordinary B shares of £ 1 each	50

	100


Shares issued during the period:	£
50 Ordinary A shares of £ 1 each	50
50 Ordinary B shares of £ 1 each	50

	100

11. Related Party Transactions

Harlex Estates Limited

Related by virtue of joint control over company

At 31 May 2026, the company owed £119,996 to Harlex Estates Limited, a 50% shareholder. During the year Harlex Estates Limited charged the company loan and administration fees of £22,004, which are included in this balance. The loan is unsecured, has no fixed interest rate or repayment terms, and is repayable on demand.

Diamond Developments and Lettings Limited

Related by virtue of joint control over company

At 31 May 2026, £50 was due from Diamond Developments Limited, a 50% shareholder, in respect of called up share capital not paid.

Harlex Property Limited

Related by virtue of common director/shareholder

During the year, Harlex Property Limited, a company controlled by the shareholders of Harlex Estates Limited, paid expenses of £5,187 on behalf of the company. These were repaid in full during the year, and no balance was outstanding at 31 May 2026. J Nicholson is a director of the company, Harlex Estates Limited and Harlex Property Limited.

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