LucyGroup-ARA2024_spreads web ready_FINAL

COMPANY STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024

COMPANY STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2024

BUSINESS OVERVIEW STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDER INFORMATION

Share capital £000

Capital reserve £000

Currency reserve £000

Retained earnings £000

Total equity £000

2024 £000

2023 £000

Note

Assets Non-current assets Intangible assets

At 1 January 2024

492

31

(6,883)

272,258

265,898

31

3 4

79

Profit for the year

–

–

–

45,394

45,394

3,410

Property, plant and equipment

2,948

Investments

Other comprehensive income Fair value change in investments, net of deferred tax Actuarial gain on post employment benefit schemes, net of deferred tax

168,896 110,329 13,644 296,310

Investment property Other investments

5 6

165,939 96,649 12,277 277,892

–

–

–

266

266

Defined benefit pension scheme surplus

16

– – –

– – –

– – –

1,219

1,219

Non-current assets

Total comprehensive income

46,879 (4,388)

46,879 (4,388)

Dividends

Current assets Trade and other receivables Derivative financial instruments

At 31 December 2024

492

31

(6,883)

314,749

308,389

479

7

117 209

–

12

At 1 January 2023

492

31

(6,883)

236,236

229,876

3,735 3,459

Group debtors

7 7 6

3,205 2,310

Prepayments and other debtors Other short-term financial assets

Profit for the year

–

–

–

38,007

38,007

30,453 28,502 66,628 362,938

10,000 23,398 39,239 317,131

Cash and cash equivalents

Other comprehensive income Fair value change in investments, net of deferred tax Actuarial gain on post employment benefit schemes, net of deferred tax

Current assets

–

–

–

139

139

Total assets

– – –

– – –

– – –

709

709

Liabilities Non-current liabilities Provisions

Total comprehensive income

38,855 (2,833)

38,855 (2,833)

Dividends

413

9

2,390

At 31 December 2023

492

31

(6,883)

272,258

265,898

12,029 21,987 34,429

Borrowings

11 10

13,959 21,138 37,487

Deferred tax liabilities Non-current liabilities

Current liabilities Trade and other payables

12,621

8 8

8,410

937 592

Current tax liabilities

459

Derivative financial instruments

12

–

5,970

Other liabilities

8

4,877

Current liabilities Total liabilities

20,120 54,549 308,389

13,746 51,233 265,898

Net assets

Equity

492

Share capital Other reserves

15

492

(6,852)

(6,852)

314,749 308,389

Retained earnings

272,258 265,898

Total equity

Approved by the Board of Directors on 20 March 2025 and signed on its behalf

C R Dick

G D Ashton

Executive Chairman

Group Finance Director

120

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Lucy Group Ltd Annual Report & Accounts 2024

LUCYGROUP.COM

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