Registration number: 15866917

LGD Consulting Ltd

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account and Statement of Retained Earnings	4
Balance Sheet	5
Notes to the Unaudited Financial Statements	6 to 8
Detailed Profit and Loss Account	9 to 10

LGD Consulting Ltd

Company Information

Director

LG Douglas

Registered office

54 Castle Street Kendal LA9 7AS

Accountants

Stables Thompson & Briscoe Limited Chartered Accountants & Business AdvisersLowther House Lowther Street Kendal Cumbria LA9 4DX

LGD Consulting Ltd

Director's Report for the Period from 30 July 2024 to 5 April 2025

The director presents his report and the financial statements for the period from 30 July 2024 to 5 April 2025.

Incorporation

The company was incorporated on 30 July 2024.

Director of the company

The director who held office during the period was as follows:

LG Douglas (appointed 30 July 2024)

Principal activity

The principal activity of the company is Providing technical consultancy services to the infant formula industry.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 9 July 2025
 

......................................... LG Douglas Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
LGD Consulting Ltd
for the Period Ended 5 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LGD Consulting Ltd for the period ended 5 April 2025 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of LGD Consulting Ltd, as a body, in accordance with the terms of our engagement letter dated 22 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of LGD Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of LGD Consulting Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LGD Consulting Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that LGD Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of LGD Consulting Ltd. You consider that LGD Consulting Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of LGD Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Stables Thompson & Briscoe Limited
Chartered Accountants & Business Advisers
Lowther House
Lowther Street
Kendal
Cumbria
LA9 4DX

Date:.............................

LGD Consulting Ltd

Profit and Loss Account and Statement of Retained Earnings for the Period from 30 July 2024 to 5 April 2025

	Note	2025 £
Turnover		48,246
Administrative expenses		(13,857)
Operating profit		34,389
Profit before tax		34,389
Taxation		(6,534)
Profit for the financial period		27,855
Retained earnings brought forward		-
Dividends paid		(23,838)
Retained earnings carried forward		4,017

LGD Consulting Ltd

(Registration number: 15866917)
Balance Sheet as at 5 April 2025

	Note	2025 £
Fixed assets
Tangible assets	4	1,622
Current assets
Debtors	5	9,950
Creditors: Amounts falling due within one year	6	(7,511)
Net current assets		2,439
Total assets less current liabilities		4,061
Provisions for liabilities		(43)
Net assets		4,018
Capital and reserves
Called up share capital		1
Retained earnings		4,017
Shareholders' funds		4,018

For the financial period ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 9 July 2025
 

......................................... LG Douglas Director

LGD Consulting Ltd

Notes to the Unaudited Financial Statements for the Period from 30 July 2024 to 5 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
54 Castle Street
Kendal
LA9 7AS

These financial statements were authorised for issue by the director on 9 July 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

LGD Consulting Ltd

Notes to the Unaudited Financial Statements for the Period from 30 July 2024 to 5 April 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	33% straight line basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

LGD Consulting Ltd

Notes to the Unaudited Financial Statements for the Period from 30 July 2024 to 5 April 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	2,097	2,097
At 5 April 2025	2,097	2,097
Depreciation
Charge for the period	475	475
At 5 April 2025	475	475
Carrying amount
At 5 April 2025	1,622	1,622

5

Debtors

Current	2025 £
Trade debtors	5,950
Other debtors	4,000
	9,950

6

Creditors

Creditors: amounts falling due within one year

	2025 £
Due within one year
Taxation and social security	6,491
Accruals and deferred income	1,020
	7,511

LGD Consulting Ltd

Detailed Profit and Loss Account for the Period from 30 July 2024 to 5 April 2025

	2025 £
Turnover (analysed below)	48,246
Gross profit (%)	100%
Administrative expenses
General administrative expenses (analysed below)	(13,382)
Depreciation costs (analysed below)	(475)
	(13,857)
Operating profit	34,389
Profit before tax	34,389

LGD Consulting Ltd

Detailed Profit and Loss Account for the Period from 30 July 2024 to 5 April 2025

2025 £

Turnover
Sales	48,246

General administrative expenses
Directors pensions (Defined contribution)	(10,800)
Insurance	(274)
Use of home as office	(234)
Telephone	(376)
Travel and subsistence	(678)
Accountancy fees	(1,020)
	(13,382)

Depreciation costs
Depreciation of office equipment	(475)