IRIS Accounts Production v25.1.4.42 04058689 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040586892023-12-31040586892024-12-31040586892024-01-012024-12-31040586892022-12-31040586892023-01-012023-12-31040586892023-12-3104058689ns15:EnglandWales2024-01-012024-12-3104058689ns14:PoundSterling2024-01-012024-12-3104058689ns10:Director12024-01-012024-12-3104058689ns10:Director22024-01-012024-12-3104058689ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3104058689ns10:SmallEntities2024-01-012024-12-3104058689ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3104058689ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3104058689ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3104058689ns10:FullAccounts2024-01-012024-12-3104058689ns10:OrdinaryShareClass12024-01-012024-12-3104058689ns5:CurrentFinancialInstruments2024-12-3104058689ns5:CurrentFinancialInstruments2023-12-3104058689ns5:ShareCapital2024-12-3104058689ns5:ShareCapital2023-12-3104058689ns5:CapitalRedemptionReserve2024-12-3104058689ns5:CapitalRedemptionReserve2023-12-3104058689ns5:RetainedEarningsAccumulatedLosses2024-12-3104058689ns5:RetainedEarningsAccumulatedLosses2023-12-3104058689ns5:LandBuildingsns5:ShortLeaseholdAssets2024-01-012024-12-3104058689ns5:PlantMachinery2024-01-012024-12-3104058689ns5:FurnitureFittings2024-01-012024-12-3104058689ns5:MotorVehicles2024-01-012024-12-3104058689ns5:ComputerEquipment2024-01-012024-12-3104058689ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3104058689ns5:PlantMachinery2023-12-3104058689ns5:FurnitureFittings2023-12-3104058689ns5:LandBuildingsns5:ShortLeaseholdAssets2024-12-3104058689ns5:PlantMachinery2024-12-3104058689ns5:FurnitureFittings2024-12-3104058689ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3104058689ns5:PlantMachinery2023-12-3104058689ns5:FurnitureFittings2023-12-3104058689ns5:MotorVehicles2023-12-3104058689ns5:ComputerEquipment2023-12-3104058689ns5:MotorVehicles2024-12-3104058689ns5:ComputerEquipment2024-12-3104058689ns5:MotorVehicles2023-12-3104058689ns5:ComputerEquipment2023-12-3104058689ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3104058689ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3104058689ns5:WithinOneYear2024-12-3104058689ns5:WithinOneYear2023-12-3104058689ns5:BetweenOneFiveYears2024-12-3104058689ns5:BetweenOneFiveYears2023-12-3104058689ns5:AllPeriods2024-12-3104058689ns5:AllPeriods2023-12-3104058689ns5:DeferredTaxation2023-12-3104058689ns5:DeferredTaxation2024-01-012024-12-3104058689ns5:DeferredTaxation2024-12-3104058689ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 04058689 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LAN SERVICES LIMITED

LAN SERVICES LIMITED (REGISTERED NUMBER: 04058689)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Balance sheet 1

Notes to the financial statements 3


LAN SERVICES LIMITED (REGISTERED NUMBER: 04058689)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 379,115 242,480

Current assets
Stocks 508,515 560,430
Debtors 5 280,326 226,066
Cash at bank 494,768 467,642
1,283,609 1,254,138
Creditors
Amounts falling due within one year 6 1,019,623 1,127,542
Net current assets 263,986 126,596
Total assets less current liabilities 643,101 369,076

Provisions for liabilities 8 92,286 46,699
Net assets 550,815 322,377

Capital and reserves
Called up share capital 9 90 90
Capital redemption reserve 10 10
Retained earnings 550,715 322,277
Shareholders' funds 550,815 322,377

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

LAN SERVICES LIMITED (REGISTERED NUMBER: 04058689)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2025 and were signed on its behalf by:




Mr A J Seddon - Director



Mr M A Seddon - Director


LAN SERVICES LIMITED (REGISTERED NUMBER: 04058689)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. Statutory information

Lan Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04058689. The registered office address and business address is Unit B Technology House, Innovation Park, Technology Road, Poole, Dorset, BH17 7DA.

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 represents income receivable from the sale and installation of washroom equipment, net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Website costs - 33% on reducing balance

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

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.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

LAN SERVICES LIMITED (REGISTERED NUMBER: 04058689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. Accounting policies - continued

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3. Employees and directors

The average number of employees during the year was 34 (2023 - 32 ) .

4. Tangible fixed assets
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
Cost
At 1 January 2024 48,834 11,739 35,149
Additions - 53,644 8,993
Disposals - - (550 )
At 31 December 2024 48,834 65,383 43,592
Depreciation
At 1 January 2024 4,619 1,709 12,518
Charge for year 4,883 4,721 4,587
Eliminated on disposal - - (400 )
At 31 December 2024 9,502 6,430 16,705
Net book value
At 31 December 2024 39,332 58,953 26,887
At 31 December 2023 44,215 10,030 22,631

LAN SERVICES LIMITED (REGISTERED NUMBER: 04058689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. Tangible fixed assets - continued

Motor Website
vehicles costs Totals
£    £    £   
Cost
At 1 January 2024 227,796 111,045 434,563
Additions 117,913 30,794 211,344
Disposals - - (550 )
At 31 December 2024 345,709 141,839 645,357
Depreciation
At 1 January 2024 86,461 86,776 192,083
Charge for year 50,345 10,023 74,559
Eliminated on disposal - - (400 )
At 31 December 2024 136,806 96,799 266,242
Net book value
At 31 December 2024 208,903 45,040 379,115
At 31 December 2023 141,335 24,269 242,480

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 190,739 134,169
Amounts owed by group undertakings 1,495 -
Staff loans 3,802 2,900
Rent deposit 27,810 30,610
Other debtors 3,039 1,867
Prepayments 53,441 56,520
280,326 226,066

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 379,416 341,305
Amounts owed to group undertakings 40,000 250,000
Tax 159,209 140,811
Social security and other taxes 33,291 27,832
Pensions 4,362 3,474
VAT 105,527 79,889
Other creditors 12,395 9,124
Accruals 21,596 3,000
Deferred income 263,827 272,107
1,019,623 1,127,542

LAN SERVICES LIMITED (REGISTERED NUMBER: 04058689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 101,271 92,500
Between one and five years 217,561 285,208
318,832 377,708

8. Provisions for liabilities
2024 2023
£    £   
Deferred tax 92,286 46,699

Deferred
tax
£   
Balance at 1 January 2024 46,699
Charge to Income statement during year 45,587
Balance at 31 December 2024 92,286

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
90 Ordinary £1 90 90

10. Ultimate controlling party

The company is controlled by the directors, Mr Andrew Seddon and Mr Mark Seddon, by virtue of their 100% ownership of the issued voting share capital of the parent company, Lans Holdings Ltd.

The parent company's registered office address is Unit B Technology House, Innovation Park, Technology Road, Poole, Dorset, BH17 7DA.