LONDON FINANCE & INVESTMENT GROUP LIMITED

Company number

00201151

Status

Active

Incorporation

1924-10-22

Last accounts made up

2024-06-30

Account category

GROUP

Primary SIC

64999

Hubs

UK Fintech

Accounting basis

IFRS

Reporting scope

Consolidated (group)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the directors' assessment of the group's and parent company's ability to continue to adopt the going concern basis of accounting included: Reviewing management's assessment of going concern, evaluating, and challenging management's key assumptions and inputs in their consideration of the future financial performance and cash flow requirements; and Assessing factors available to management including their ability to generate cash from their investment portfolio, should that be required. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Subsidiaries

• Lonfin Investments Limited · 100% held · United Kingdom · Investment holding
• City Group PLC · 100% held · United Kingdom · Management services

Significant events

• “Early in 2022, Russia invaded Ukraine and, at the date of this report, the war between Russia and Ukraine shows no sign of abating. On 7 October 2023, the world saw horrific terrorist attacks by Hamas, the government of Gaza, on Israel. These attacks and those of Hezbollah, another Islamist militia in Lebanon, as well as those of the Houthi in Yemen on commercial shipping in the Red Sea and on Israel, has led to severely heightened global tensions. Iran has carried out combined mass ballistic missile, drone and rocket attacks on Israel and these have been, to date, repulsed by a coalition of countries including the United Kingdom.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers