Lexden Engineering Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 00616264

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,008		2,231

			2,008		2,231
CURRENT ASSETS
Stocks	5	1,446		1,537
Debtors	6	1,072		488
Cash at bank and in hand		18,985		20,589

		21,503		22,614
Creditors: Amounts Falling Due Within One Year	7	(6,900 )		(7,763 )

NET CURRENT ASSETS (LIABILITIES)			14,603		14,851

TOTAL ASSETS LESS CURRENT LIABILITIES			16,611		17,082

Creditors: Amounts Falling Due After More Than One Year	8		(4,385 )		(4,385 )

NET ASSETS			12,226		12,697

CAPITAL AND RESERVES
Called up share capital	9		4,000		4,000
Profit and Loss Account			8,226		8,697

SHAREHOLDERS' FUNDS			12,226		12,697

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Lexden Engineering Company Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gordon Law

Director

09/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Lexden Engineering Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00616264 . The registered office is 277 Crescent Drive, Petts Wood, Orpington, Kent, BR5 1AY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% reducing balance
Fixtures & Fittings	10% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	23,991	10,706	34,697

As at 31 December 2024	23,991	10,706	34,697

Depreciation
As at 1 January 2024	22,377	10,089	32,466
Provided during the period	161	62	223

As at 31 December 2024	22,538	10,151	32,689

Net Book Value
As at 31 December 2024	1,453	555	2,008

As at 1 January 2024	1,614	617	2,231

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Lexden Engineering Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Stocks

	2024	2023
	£	£
Stock	1,446	1,537

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	1,072	488

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	171	181
Corporation tax	59	18
Other taxes and social security	265	86
Other creditors	6,325	7,398
Accruals and deferred income	80	80

	6,900	7,763

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	4,385	4,385

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	4,000	4,000

10. Directors Advances, Credits and Guarantees

Dividends paid to director

	2024	2023
	£	£
Mr Gordon Law	500	1,000

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