L C M (Holdings) Limited - Accounts to registrar (filleted) - small 18.2

L C M (Holdings) Limited - Accounts to registrar (filleted) - small 18.2

LCM (HOLDINGS) LIMITED - Company Information

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REGISTERED NUMBER: 04300235















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2017

FOR

L C M (HOLDINGS) LIMITED
L C M (HOLDINGS) LIMITED (REGISTERED NUMBER: 04300235)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2017










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

L C M (HOLDINGS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2017







DIRECTORS: S.A. Sargeant
D.R. Willmington



SECRETARY: D.R. Willmington



REGISTERED OFFICE: Unit 15
Newport Business Park
Barry Way
Newport
Isle of Wight
PO30 5GY



REGISTERED NUMBER: 04300235



ACCOUNTANTS: Harrison Black Limited
Pyle House
136/137 Pyle Street
Newport
Isle of Wight
PO30 1JW



BANKERS: National Westminister Bank Plc
Exeter Business Centre
59 High Street
Exeter
EX4 3DL
Page 1
L C M (HOLDINGS) LIMITED (REGISTERED NUMBER: 04300235)

STATEMENT OF FINANCIAL POSITION
30TH NOVEMBER 2017

2017 2016
Notes £    £   
FIXED ASSETS
Investments 3 425,472 425,472
TOTAL ASSETS LESS CURRENT
LIABILITIES
425,472
425,472

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Retained earnings 395,472 395,472
SHAREHOLDERS' FUNDS 425,472 425,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19th July 2018 and were signed on its
behalf by:





S.A. Sargeant - Director


The notes form part of these financial statements

Page 2
L C M (HOLDINGS) LIMITED (REGISTERED NUMBER: 04300235)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2017


1. STATUTORY INFORMATION

L C M (Holdings) Limited is a private company, limited by shares , registered in Not specified/Other.
The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

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

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 30th November 2017 are the first that are prepared in
accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance
with UK GAAP, the date of transition to FRS 102 Section 1A is 1st December 2015.

Preparation of consolidated financial statements
The financial statements contain information about L C M (Holdings) Limited as an individual
company and do not contain consolidated financial information as the parent of a group. The company
has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated
financial statements.

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.

Page 3 continued...
L C M (HOLDINGS) LIMITED (REGISTERED NUMBER: 04300235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2017


3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st December 2016
and 30th November 2017 425,472
NET BOOK VALUE
At 30th November 2017 425,472
At 30th November 2016 425,472

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
L C M (HOLDINGS) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Statement of Financial Position. Readers are cautioned that the Income
Statement and certain other primary statements and the Report of the Directors are not required to
be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of L C M (Holdings) Limited for the year ended 30th November 2017
which comprise the Income Statement, Statement of Financial Position 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of L C M (Holdings) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of L C M (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of L C M (Holdings) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than L C M (Holdings) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that L C M (Holdings) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of L C M (Holdings) Limited. You consider that L C M (Holdings) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of L C M (Holdings) 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 statutory financial statements.






Harrison Black Limited
Pyle House
136/137 Pyle Street
Newport
Isle of Wight
PO30 1JW


Date: .............................................

This page does not form part of the statutory financial statements

Page 5