REGISTERED NUMBER: 11969686 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

L Firth Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs L Firth

REGISTERED OFFICE:

2 Borough Street

Kegworth

Derby

Derbyshire

DE74 2FF

REGISTERED NUMBER:

11969686 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

144

180

CURRENT ASSETS

Debtors

5

43,717

98,693

Cash at bank

319,929

216,443

363,646

315,136

CREDITORS

Amounts falling due within one year

6

87,385

33,672

NET CURRENT ASSETS

276,261

281,464

TOTAL ASSETS LESS CURRENT LIABILITIES

276,405

281,644

CAPITAL AND RESERVES

Called up share capital

7

100

1

Retained earnings

276,305

281,643

276,405

281,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2025 and were signed by:

Mrs L Firth - Director

1.	STATUTORY INFORMATION

L Firth 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2024

and 30 April 2025

225

125

350

DEPRECIATION

At 1 May 2024

45

125

170

Charge for year

36

-

36

At 30 April 2025

81

125

206

NET BOOK VALUE

At 30 April 2025

144

-

144

At 30 April 2024

180

-

180

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

43,717

72,469

Prepayments and accrued income

-

26,224

43,717

98,693

Other than stated above, no other amounts directly / indirectly relate to a director.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

39,976

-

Tax

33,566

25,517

VAT

12,349

6,781

Accruals and deferred income

1,494

1,374

87,385

33,672

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

-

1

76

Ordinary A

£1

76

-

12

Ordinary B

£1

12

-

12

Ordinary C

£1

12

-

100

1

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Mrs L Firth

Balance outstanding at start of year

72,469

55,588

Amounts advanced

50,447

83,073

Amounts repaid

(79,199

)

(66,192

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

43,717

72,469

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum to 5th April 2025 and 3.75% thereafter.