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REGISTERED NUMBER: 10256218 (England and Wales)















LPS Holdings Limited

Unaudited Financial Statements for the Year Ended 30 June 2024






LPS Holdings Limited (Registered number: 10256218)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

LPS Holdings Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: L P Soave





SECRETARY: Mrs S V Soave





REGISTERED OFFICE: 42 Bretforton Road
Badsey
Evesham
Worcestershire
WR11 7XQ





REGISTERED NUMBER: 10256218 (England and Wales)





ACCOUNTANTS: D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE

LPS Holdings Limited (Registered number: 10256218)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 510,863 501,716

CURRENT ASSETS
Cash at bank 26,714 18,639

CREDITORS
Amounts falling due within one year 5 51,927 65,732
NET CURRENT LIABILITIES (25,213 ) (47,093 )
TOTAL ASSETS LESS CURRENT LIABILITIES 485,650 454,623

CREDITORS
Amounts falling due after more than one year 6 300,000 300,000
NET ASSETS 185,650 154,623

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 185,530 154,503
185,650 154,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 1 March 2025 and were signed by:





L P Soave - Director


LPS Holdings Limited (Registered number: 10256218)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

LPS Holdings 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance, 15% on reducing balance and Straight line over 3 years

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 457,376 46,345 503,721
Additions - 10,303 10,303
At 30 June 2024 457,376 56,648 514,024
DEPRECIATION
At 1 July 2023 - 2,005 2,005
Charge for year - 1,156 1,156
At 30 June 2024 - 3,161 3,161
NET BOOK VALUE
At 30 June 2024 457,376 53,487 510,863
At 30 June 2023 457,376 44,340 501,716

LPS Holdings Limited (Registered number: 10256218)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,582 2,219
Taxation and social security 9,694 19,155
Other creditors 40,651 44,358
51,927 65,732

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 300,000 300,000

7. RELATED PARTY DISCLOSURES

The Director has a loan to the Company at 30 June 2024 of £316,125 (2023 £326,593). Interest is being charged on this loan at a rate of 2.5% per annum.

LPS Holdings Limited

Report of the Accountants to the Director of
LPS Holdings Limited


The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2024 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE


1 March 2025