REGISTERED NUMBER: 10576962 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

LGMC ASSET MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Citroni

REGISTERED OFFICE:

Unit 11, Centenary Industrial Estate

Hughes Road

Brighton

BN2 4AW

REGISTERED NUMBER:

10576962 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Investment property

4

10,441,460

10,441,460

CURRENT ASSETS

Debtors

5

2,249

4,110

Cash at bank

114,630

116,834

116,879

120,944

CREDITORS

Amounts falling due within one year

6

(784,110

)

(971,162

)

NET CURRENT LIABILITIES

(667,231

)

(850,218

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,774,229

9,591,242

PROVISIONS FOR LIABILITIES

7

(56,562

)

(56,562

)

NET ASSETS

9,717,667

9,534,680

CAPITAL AND RESERVES

Called up share capital

8

8,665,553

8,665,553

Revaluation reserve

9

169,685

169,685

Retained earnings

882,429

699,442

SHAREHOLDERS' FUNDS

9,717,667

9,534,680

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 director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2026 and were signed by:

G Citroni - Director

1.	STATUTORY INFORMATION

Lgmc Asset Management 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.

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

Monetary amounts in these financial statements are rounded to the nearest pound.

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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates and these estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The items in the financial statements where these judgements and estimates have been made include the recoverability of debtors.

Turnover

Turnover represents rental income from investment properties. Revenue is recognised to the extent that it is

probable that the economic benefits will flow to the Company and the revenue can be reliably measured.

Revenue is measured as the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Investment property

Investment property is carried at fair value determine by external valuers as required and internally derived from the current market rents and investment property yields on comparable real estate, adjusted if necessary for any difference in nature, location of condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the statement of comprehensive income.

Financial instruments

Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2025

and 30 June 2026

10,441,460

NET BOOK VALUE

At 30 June 2026

10,441,460

At 30 June 2025

10,441,460

Fair value at 30 June 2026 is represented by:

£

Valuation in 2022

181,247

Valuation in 2023

45,000

Cost

10,215,213

10,441,460

Investment property was valued on an open market basis basis on 30 June 2026 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

2,249

4,110

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

60,996

31,038

Other creditors

723,114

940,124

784,110

971,162

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

56,562

56,562

Deferred tax

£

Balance at 1 July 2025

56,562

Balance at 30 June 2026

56,562

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

8,665,553

Ordinary

1

8,665,553

8,665,553

9.

RESERVES

Revaluation

reserve

£

At 1 July 2025

and 30 June 2026

169,685

10.	RELATED PARTY DISCLOSURES

Included in other creditors less than one year is an amount of £700,000 (2025: £919,888) owed to Amplicon Group Holdings Limited and £Nil (2025; Nil) owed to Amplicon Liveline Ltd, companies under common control. The loan is interest free and repayable on demand.