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Company Registration No. 03720763 (England and Wales)
LS Express Limited Unaudited accounts for the year ended 31 March 2025
LS Express Limited Unaudited accounts Contents
Page
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LS Express Limited Company Information for the year ended 31 March 2025
Directors
Mr S M Dean Mrs J A Dean
Company Number
03720763 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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LS Express Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
236,805 
246,327 
Current assets
Debtors
1,008,198 
736,856 
Cash at bank and in hand
725,319 
245,047 
1,733,517 
981,903 
Creditors: amounts falling due within one year
(1,850,575)
(1,100,575)
Net current liabilities
(117,058)
(118,672)
Total assets less current liabilities
119,747 
127,655 
Creditors: amounts falling due after more than one year
(2,390)
(12,392)
Provisions for liabilities
Deferred tax
(4,982)
(5,927)
Net assets
112,375 
109,336 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
111,375 
108,336 
Shareholders' funds
112,375 
109,336 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by
Mr S M Dean Director Company Registration No. 03720763
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LS Express Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
LS Express Limited is a private company, limited by shares, registered in England and Wales, registration number 03720763. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% pa on a straight line basis
Plant & machinery
25% pa on a reducing balance basis
Fixtures & fittings
25% pa on a reducing balance basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the beenefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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LS Express Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
287,100 
37,693 
87,083 
411,876 
At 31 March 2025
287,100 
37,693 
87,083 
411,876 
Depreciation
At 1 April 2024
64,487 
35,465 
65,597 
165,549 
Charge for the year
5,742 
557 
3,223 
9,522 
At 31 March 2025
70,229 
36,022 
68,820 
175,071 
Net book value
At 31 March 2025
216,871 
1,671 
18,263 
236,805 
At 31 March 2024
222,613 
2,228 
21,486 
246,327 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
6,112 
Trade debtors
269,799 
231,770 
Accrued income and prepayments
21,090 
1,663 
Other debtors
717,309 
497,311 
1,008,198 
736,856 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,110 
10,107 
VAT
8,033 
- 
Trade creditors
869,878 
594,617 
Amounts owed to group undertakings and other participating interests
668,455 
364,655 
Taxes and social security
29,928 
21,730 
Other creditors
237,223 
99,616 
Accruals
26,948 
9,850 
1,850,575 
1,100,575 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
2,390 
12,392 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
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LS Express Limited Notes to the Accounts for the year ended 31 March 2025
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr S M Dean
Short term loan repayable upon demand
25,462 
123,279 
71,680 
77,061 
Mrs J A Dean
Short term loan repayable upon demand
25,462 
123,279 
71,680 
77,061 
50,924 
246,558 
143,360 
154,122 
The short term loans to both directors brought forward were repaid in full on 15th April 2024. Further short terms loans to both directors were taken in the year and the loans at 31st March 2025 were repaid in full on 10th April 2025.
10
Transactions with related parties
L S Express Group Limited is the ultimate holding company of L S Express Limited. During the year L S Express Limited declared a dividend of £75,000 ( 2024 £41,000) to L S Express Group Limited. At the balance sheet date L S Express Limited owed £666,241 ( 2024 £362,441) to L S Express Group Limited. The loan is repayable upon demand and subject to interest at a commercial rate. Solar International Freight Limited is an associated company to LS Express Limited. Solar International Freight Limited made a loan to LS Express Limited of which £2,214 ( 2024 £2,214 ) was still outstanding at the balance sheet date. The loan is repayable upon demand and subject to interest at a commercial rate.
11
Controlling party
The ultimate holding company is L S Express Group Limited, a company incorporated in England and Wales, Company Number 07547155. L S Express Group Limited owns 100% of the issued share capital in L S Express Limited.
12
Average number of employees
During the year the average number of employees was 6 (2024: 9).
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