REGISTERED NUMBER: 11211439 (England and Wales)

Financial Statements

for the Year Ended 28 February 2026

for

LCM Ventures Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L McGrane

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

11211439 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Investments

5

405,154

-

Investment property

6

-

246,430

405,154

246,430

CURRENT ASSETS

Debtors

7

59,904

-

Cash at bank

21,459

47,548

81,363

47,548

CREDITORS

Amounts falling due within one year

8

(222,370

)

(330,344

)

NET CURRENT LIABILITIES

(141,007

)

(282,796

)

TOTAL ASSETS LESS CURRENT LIABILITIES

264,147

(36,366

)

PROVISIONS FOR LIABILITIES

(979

)

-

NET ASSETS/(LIABILITIES)

263,168

(36,366

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

263,068

(36,466

)

SHAREHOLDERS' FUNDS

263,168

(36,366

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2026 and were signed by:

L McGrane - Director

1.	STATUTORY INFORMATION

LCM Ventures Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared under the historical cost convention, modified to include investments at fair value.

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 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.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in the profit and loss account. Transaction costs are expensed to the profit and loss account as incurred.

Listed fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in the profit and loss account. Transaction costs are expenses to the profit and loss account as incurred.

Unlisted fixed asset investments are measured at cost, including transaction costs, and are subsequently assessed for impairment at each reporting date. Any impairment losses or reversals of impairment losses are recognised immediately in the profit and loss account.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

Additions

400,000

Revaluations

5,154

At 28 February 2026

405,154

NET BOOK VALUE

At 28 February 2026

405,154

Cost or valuation at 28 February 2026 is represented by:

Listed

investments

£

Valuation in 2026

5,154

Cost

400,000

405,154

Market value of listed investments at 28 February 2026 - £ 405,154 .

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

246,430

Disposals

(246,430

)

At 28 February 2026

-

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

246,430

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1

-

Other debtors

59,903

-

59,904

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

806

496

Taxation and social security

94,127

-

Other creditors

127,437

329,848

222,370

330,344

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other debtors at the year end is an amount of £59,903 (2025: £161,202 other creditors) due from the director L McGrane. Interest of £1,103 (2025: £nil) has been charged on the overdrawn balance at a rate of 3.75% whist the loan account was overdrawn.

The following advances have taken place during the year which are deemed material;

September 2025 £58,800

There have been no other advances which individually were considered material and no other advances exceeding £10,000 to the director.

It is the intention of the director to repay the balance within nine months of the year end.

10.	RELATED PARTY DISCLOSURES

Included within other creditors at the year end is an amount of £125,935 (2025: £120,500) due to Bestcall Solutions Limited, a company in which L McGrane is a director and shareholder. This amount has been provided unsecured, interest free and is repayable on demand.