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Company Registration No. 09462450 (England and Wales)
Lh Sourcing Ltd Unaudited accounts for the year ended 28 February 2025
Lh Sourcing Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Lh Sourcing Ltd Company Information for the year ended 28 February 2025
Director
Sun Mi Hong
Company Number
09462450 (England and Wales)
Registered Office
49 Willow Road New Malden KT3 3RR United Kingdom
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Lh Sourcing Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
37
56
Current assets
Debtors
5
32,825
69,469
Cash at bank and in hand
13,721
1,171
46,546
70,640
Creditors: amounts falling due within one year
6
(17,324)
(25,060)
Net current assets
29,222
45,580
Total assets less current liabilities
29,259
45,636
Creditors: amounts falling due after more than one year
7
(52,665)
(51,292)
Net liabilities
(23,406)
(5,656)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(23,407)
(5,657)
Shareholders' funds
(23,406)
(5,656)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 September 2025 and were signed on its behalf by
Sun Mi Hong Director Company Registration No. 09462450
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Lh Sourcing Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Lh Sourcing Ltd is a private company, limited by shares, registered in England and Wales, registration number 09462450. The registered office is 49 Willow Road, New Malden, KT3 3RR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight-line
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 March 2024
682
At 28 February 2025
682
Depreciation
At 1 March 2024
626
Charge for the year
19
At 28 February 2025
645
Net book value
At 28 February 2025
37
At 29 February 2024
56
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Lh Sourcing Ltd Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
4,242
984
Trade debtors
27,582
68,485
31,824
69,469
Amounts falling due after more than one year
Accrued income and prepayments
1,001
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
15,124
25,060
Other creditors
2,200
-
17,324
25,060
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
12,998
23,125
Loans from directors
39,667
28,167
52,665
51,292
8
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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