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REGISTERED NUMBER: 05941029 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Lemon Business Solutions Ltd

Lemon Business Solutions Ltd (Registered number: 05941029)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lemon Business Solutions Ltd

Company Information
for the Year Ended 31 May 2025







DIRECTORS: M J Anderson
Mrs L A Anderson
J L Cummins





REGISTERED OFFICE: Unit 1 Lockheed Court
Preston Farm Industrial Estate
Stockton-On-Tees
Cleveland
TS18 3SH





REGISTERED NUMBER: 05941029 (England and Wales)





ACCOUNTANTS: Anderson Barrowcliff Limited
Chartered Accountants
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX

Lemon Business Solutions Ltd (Registered number: 05941029)

Balance Sheet
31 May 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 130,588 37,128
130,588 37,128

CURRENT ASSETS
Debtors 6 419,134 308,854
Cash at bank 230,860 383,123
649,994 691,977
CREDITORS
Amounts falling due within one year 7 530,159 409,064
NET CURRENT ASSETS 119,835 282,913
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,423

320,041

CREDITORS
Amounts falling due after more than one
year

8

(129,991

)

(100,000

)

PROVISIONS FOR LIABILITIES (8,930 ) (9,282 )
NET ASSETS 111,502 210,759

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 110,502 209,759
111,502 210,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

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 Board of Directors and authorised for issue on 8 August 2025 and were signed on its behalf by:



M J Anderson - Director


Lemon Business Solutions Ltd (Registered number: 05941029)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

Lemon Business Solutions Ltd 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.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that is likely to be recovered.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Website & software - 20% on reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 104 (2024 - 88 ) .

Lemon Business Solutions Ltd (Registered number: 05941029)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2024
and 31 May 2025 120,000
AMORTISATION
At 1 June 2024
and 31 May 2025 120,000
NET BOOK VALUE
At 31 May 2025 -
At 31 May 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Website & and Motor Computer
software fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2024 117,661 98,630 - 161,521 377,812
Additions 2,058 - 115,693 - 117,751
At 31 May 2025 119,719 98,630 115,693 161,521 495,563
DEPRECIATION
At 1 June 2024 87,089 92,200 - 161,395 340,684
Charge for year 6,233 3,470 14,462 126 24,291
At 31 May 2025 93,322 95,670 14,462 161,521 364,975
NET BOOK VALUE
At 31 May 2025 26,397 2,960 101,231 - 130,588
At 31 May 2024 30,572 6,430 - 126 37,128

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 305,991 294,053
Other debtors 113,143 14,801
419,134 308,854

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 60,000 60,000
Hire purchase contracts 16,025 -
Trade creditors 26,709 26,296
Taxation and social security 370,905 293,839
Other creditors 56,520 28,929
530,159 409,064

Lemon Business Solutions Ltd (Registered number: 05941029)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 40,000 100,000
Hire purchase contracts 89,991 -
129,991 100,000