REGISTERED NUMBER: SC334498 (Scotland)

Financial Statements

for the Year Ended 31 March 2026

for

Lgd Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M Marsh

SECRETARY:

Mrs M Marsh

REGISTERED OFFICE:

3 St. Patrick Street

Edinburgh

EH8 9ES

REGISTERED NUMBER:

SC334498 (Scotland)

ACCOUNTANTS:

O'Haras Chartered Accountants

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

FIXED ASSETS

Property, plant and equipment

3

56,746

71,536

Investments

4

1

1

56,747

71,537

CURRENT ASSETS

Debtors

5

569,696

580,382

Cash at bank

275,374

157,749

845,070

738,131

CREDITORS

Amounts falling due within one year

6

281,900

210,469

NET CURRENT ASSETS

563,170

527,662

TOTAL ASSETS LESS CURRENT LIABILITIES

619,917

599,199

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

619,916

599,198

SHAREHOLDERS' FUNDS

619,917

599,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 October 2026 and were signed by:

Mrs M Marsh - Director

1.	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.

Going concern

The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue

Revenue represents the amounts derived from the provision of management services to an estate agents, excluding value added tax and trade discounts.

Tangible fixed assets

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

Systems development

-

2% on cost

Office equipment

-

33% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

at varying rates on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Impairment of fixed assets

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2025 - 29 ) .

3.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Systems

Office

and

development

equipment

fittings

£

£

£

COST

At 1 April 2025

39,307

7,382

190,034

Additions

-

-

-

Disposals

-

-

-

At 31 March 2026

39,307

7,382

190,034

DEPRECIATION

At 1 April 2025

39,307

6,068

181,872

Charge for year

-

467

1,685

Eliminated on disposal

-

-

-

At 31 March 2026

39,307

6,535

183,557

NET BOOK VALUE

At 31 March 2026

-

847

6,477

At 31 March 2025

-

1,314

8,162

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

81,427

32,612

350,762

Additions

96,610

3,406

100,016

Disposals

(103,415

)

-

(103,415

)

At 31 March 2026

74,622

36,018

347,363

DEPRECIATION

At 1 April 2025

22,526

29,453

279,226

Charge for year

19,238

1,824

23,214

Eliminated on disposal

(11,823

)

-

(11,823

)

At 31 March 2026

29,941

31,277

290,617

NET BOOK VALUE

At 31 March 2026

44,681

4,741

56,746

At 31 March 2025

58,901

3,159

71,536

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

1

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

123,260

116,735

Other debtors

446,436

463,647

569,696

580,382

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

9,866

7,247

Taxation and social security

78,852

71,992

Other creditors

193,182

131,230

281,900

210,469

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

0.001

1

1

8.	RELATED PARTY DISCLOSURES

There is a balance owed to the directors of £170,000 (2025 - £100,000) as at 31 March 2026. No interest is charged on this balance and there are no formal repayment terms.