REGISTERED NUMBER: 13257177 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

La Fabrications (South East) Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

A W Waugh

L Winter

REGISTERED OFFICE:

5 West Court

Enterprise Road

Maidstone

United Kingdom

ME15 6JD

REGISTERED NUMBER:

13257177 (England and Wales)

ACCOUNTANTS:

Henry Reeves & Co Limited

Chartered Certified Accountants

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

FIXED ASSETS

Tangible assets

4

474,143

508,897

CURRENT ASSETS

Debtors

5

917,090

500,750

Cash at bank

1,460

47,852

918,550

548,602

CREDITORS

Amounts falling due within one year

6

1,423,571

1,097,085

NET CURRENT LIABILITIES

(505,021

)

(548,483

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(30,878

)

(39,586

)

CREDITORS

Amounts falling due after more than one year

7

485,258

477,666

NET LIABILITIES

(516,136

)

(517,252

)

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

(516,156

)

(517,272

)

(516,136

)

(517,252

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 September 2025 and were signed on its behalf by:

A W Waugh - Director

L Winter - Director

1.	STATUTORY INFORMATION

La Fabrications (South East) 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.

Turnover

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

Turnover in respect of the rendering of services is recognised by reference to the stage of completion of the transaction at the end of the reporting period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Equipment - 20% Reducing Balance

Computer Equipment - 25% Reducing Balance

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.

Going concern

The company is reliant on the continued support of its trade creditors and bankers. The directors have considered the year ahead and are confident of this continued support. In making their assessment of going concern the directors have also considered the day to day working capital requirements of the business and consider they can meet their liabilities as they fall due. The financial statements have therefore been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

17,594

549,243

566,837

Additions

-

27,593

27,593

At 31 March 2025

17,594

576,836

594,430

DEPRECIATION

At 1 April 2024

1,173

56,767

57,940

Charge for year

1,173

61,174

62,347

At 31 March 2025

2,346

117,941

120,287

NET BOOK VALUE

At 31 March 2025

15,248

458,895

474,143

At 31 March 2024

16,421

492,476

508,897

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

463,709

271,030

Amounts owed by related parties

81

81

Other debtors

453,300

229,639

917,090

500,750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

387,985

178,965

Hire purchase contracts (see note 8)

108,345

118,976

Trade creditors

381,124

348,309

Taxation and social security

140,092

55,654

Other creditors

406,025

395,181

1,423,571

1,097,085

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

399,821

477,666

Other creditors

85,437

-

485,258

477,666

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

75,750

134,571

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2025

2024

£

£

Net obligations repayable:

Within one year

108,345

118,976

Between one and five years

324,071

343,095

In more than five years

75,750

134,571

508,166

596,642

Non-cancellable

operating leases

2025

2024

£

£

Within one year

132,827

83,021

Between one and five years

531,310

531,310

In more than five years

1,096,057

1,212,282

1,760,194

1,826,613

Operating leases are in respect of office rent, vehicles and equipment.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is £122,582 (2024: £78,559) owed to the company by A Waugh in respect of his director's loan account. The loan is unsecured, interest free and repayable on demand.

Included in other debtors is £123,855 (2024: £78,947) owed to the company by L Winter in respect of his director's loan account. The loan is unsecured, interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES