LIONSFIELD LIMITED

Items	£	£
	31 October 2025	31 October 2024
Fixed Assets
Tangible assets	1819094.30	1785640.00
Total Fixed Assets	1819094.30	1785640.00

Current assets	0.00	120081.00
Prepayments and accrued income	599.87	0.00

Creditors: amounts falling due within one year	(611434.98)	(236742.00)
Net current assets (liabilities)	(610835.11)	(116661.00)
Total Assets Less Current Liabilities	1208259.19	1668979.00
Creditors: amounts falling due after more than one year	(1768945.11)	(2135457.00)
Accruals and deferred income	(5635.94)	(1680.00)
Net assets (liabilities)	(566321.86)	(468158.00)

Capital and Reserves
Total Capital and Reserves	(566321.86)	(468158.00)

For the period ending 31 October 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 accounts for the period in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have elected not to deliver a copy of the profit and loss account to the Registrar of Companies, as permitted by section 444 of the Companies Act 2006.

Notes to the Accounts

1. Basis of Preparation
These financial statements have been prepared in accordance with the provisions of FRS 105, the Financial Reporting Standard applicable to the Micro-entities Regime, and the micro-entity provisions of the Companies Act 2006. The financial statements are presented in pounds sterling.

2. Statutory Information
LIONSFIELD LIMITED is a private company, limited by shares, registered in England and Wales. The company's registered office is 2a Ramsay Road, Headington, Oxford, OX3 8AX, United Kingdom.

3. Average Number of Employees
The average number of employees during the period was 1.

4. Going Concern
The accounts have been prepared on a going concern basis. Rental income generally covers routine operating and finance payments, although additional funding may be required for property works. At 31 October 2025 the company had net liabilities of £566,321.86, including substantial private borrowing requiring repayment or renegotiation. Continued operation depends on creditor support, agreement over repayment terms and funding for necessary works. These conditions indicate a material uncertainty which may cast significant doubt on the company’s ability to continue as a going concern. The accounts do not include adjustments that would arise if the company were unable to continue.

5. Off Balance Sheet Disclosure
A private lender’s £500,000 loan, recognised within creditors, carries a contingent return described by the directors as 30% of rental profits if profitable. No separate liability for that return has been recognised on the reported loss basis; the amount ultimately payable depends on the contractual definition of profit.

Balance Sheet as at 31 October 2025

Notes to the Accounts