REGISTERED NUMBER: 05219611 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Lothar Bohm Associates Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Miss M Furness

A N Goldthorpe

A K Sharma

SECRETARY:

A K Sharma

REGISTERED OFFICE:

c/o Day & Co

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

REGISTERED NUMBER:

05219611 (England and Wales)

SENIOR STATUTORY AUDITOR:

Michael Richard George

AUDITORS:

Michael George & Co.

Statutory Auditor

Dawes Court House

Dawes Court High Street

Esher

Surrey

KT10 9QD

ACCOUNTANT:

Day & Co

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

CURRENT ASSETS

Debtors

7

959,197

1,554,125

Cash at bank and in hand

1,316,854

835,909

2,276,051

2,390,034

CREDITORS

Amounts falling due within one year

8

267,898

469,878

NET CURRENT ASSETS

2,008,153

1,920,156

TOTAL ASSETS LESS CURRENT LIABILITIES

2,008,153

1,920,156

CAPITAL AND RESERVES

Called up share capital

9

2,750

2,750

Capital redemption reserve

7,250

7,250

Retained earnings

1,998,153

1,910,156

SHAREHOLDERS' FUNDS

2,008,153

1,920,156

2,008,153

1,920,156

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 and Statement of Total Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

A N Goldthorpe - Director

1.	STATUTORY INFORMATION

Lothar Bohm Associates Limited is a private company, limited by shares, registered in England and Wales, Company Registered Number: 05219611. The company's registered office address is: c/o Day & Co, Scottish Provident House, 76-80 College Road, Harrow, Middlesex, HA1 1BQ and its principal place of business is 57 Hatton Garden, London, EC1N 8HP.

The principal activity of the company in the year under review was that of Consultants in Brand Design.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material departures from that standard.

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.

Turnover

The turnover shown in the profit and loss account represents revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, has been

amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Fixed Assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets , less their estimated residual value, over their expected useful lives on the following basis :-

Leasehold property - over 2 years

Office Equipment - 33%

Furniture & Fixtures - 25%

Computer Equipment - 1 Year

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 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 statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange gains and losses are recognised in the profit and loss account.

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.

Government grants

Government grants are recognised at their fair value in profit or loss where there is a reasonable assurance that the grant will be received and the Company has complied with all attached conditions.

Revenue Grants are credited to income so as to match them with the expenditure to which they relate. Government grants received are included in 'other income' in profit or loss.

Leasing

Rental payments under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 25 ) .

4.	AUDITORS' REMUNERATION

31.12.24

31.12.23

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

9,000

8,000

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

50,000

AMORTISATION

At 1 January 2024

and 31 December 2024

50,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	TANGIBLE FIXED ASSETS

Plant and

Leasehold

machinery

property

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

13,450

93,970

107,420

DEPRECIATION

At 1 January 2024

and 31 December 2024

13,450

93,970

107,420

NET BOOK VALUE

At 31 December 2024

-

-

-

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

9,065

DEPRECIATION

At 1 January 2024

and 31 December 2024

9,065

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

830,584

1,332,132

Other debtors

77,408

147,812

Prepayments

51,205

74,181

959,197

1,554,125

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

67,174

115,790

Corporation Tax

112,515

137,917

Social security and other taxes

51,943

51,175

VAT

14,347

83,997

Other creditors

7,968

8,549

Finance Lease

-

870

Accrued expenses

13,951

71,580

267,898

469,878

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2,750

Ordinary

£1

2,750

2,750

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

Senior statutory auditor: MICHAEL GEORGE

Firm: Michael George & Co

Date of audit report: 5 September 2025

11.	TRANSACTIONS WITH DIRECTORS

Mr A N Goldthorpe and Miss M Furness were members of company's money purchase pension scheme during the year and the contributions paid in the year amounted to £18,652 (2023-£15,989).

12.	RELATED PARTY DISCLOSURES

Dividends of £444,560 (2023=£564,500) were paid to director shareholders during the year.

13.	POST BALANCE SHEET EVENTS

In March 2025 the company acquired an office property in Clerkenwell, London, on a lease of 999 years. The total net consideration was £1,478,446 and the purchase was financed in part by a loan facility of £1,050,000.

This is a non-adjusting event under FRS 102. No adjustments have been made to the financial statements for the year ended 31 December 2024

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Director Mr. A N Goldthorpe.