REGISTERED NUMBER: 05285829 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LSG HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr RJC Bowyer

REGISTERED OFFICE:

Unit 40

Coalcart Road

Birstall

Leicestershire

LE4 3BY

REGISTERED NUMBER:

05285829 (England and Wales)

FIXED ASSETS

Investments

4

210,000

210,000

Investment property

5

281,734

281,734

491,734

491,734

CURRENT ASSETS

Debtors

6

187,981

196,260

Cash at bank

120,784

12,112

308,765

208,372

CREDITORS

Amounts falling due within one year

7

432,171

432,454

NET CURRENT LIABILITIES

(123,406

)

(224,082

)

TOTAL ASSETS LESS CURRENT LIABILITIES

368,328

267,652

CREDITORS

Amounts falling due after more than one year

8

103,401

107,477

NET ASSETS

264,927

160,175

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

264,926

160,174

SHAREHOLDERS' FUNDS

264,927

160,175

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 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 14 August 2025 and were signed by:

Mr RJC Bowyer - Director

1.	STATUTORY INFORMATION

LSG 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.

Preparation of consolidated financial statements

The financial statements contain information about LSG Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Investments

Investments are included at cost. Profits or losses arising from disposals of fixed asset investments are treated as part of the result from ordinary activities.

Investment income

Investment income comprises dividends and is accounted for on a receivable basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2024

and 31 December 2024

210,000

NET BOOK VALUE

At 31 December 2024

210,000

At 31 December 2023

210,000

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

281,734

NET BOOK VALUE

At 31 December 2024

281,734

At 31 December 2023

281,734

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

187,981

196,260

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,000

4,000

Trade creditors

4,368

-

Taxation and social security

33,985

38,636

Other creditors

389,818

389,818

432,171

432,454

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

103,401

107,477

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalment

87,401

91,477

87,401

91,477

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

107,401

111,477

The bank loan is secured by way of a fixed and floating charge on the investment property.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Retained

earnings

£

At 1 January 2024

160,174

Profit for the year

294,752

Dividends

(190,000

)

At 31 December 2024

264,926

12.	RELATED PARTY DISCLOSURES

Included in other creditors is £105,000 (2023: £105,000) of loan notes owing to Mr and Mrs GW Bowyer (parents of Mr RJC Bowyer, director and shareholder) as deferred consideration for the share capital of ACVR Services Limited.

13.	ULTIMATE CONTROLLING PARTY