Registration number: 08220907

Lonson Engineering Limited

(Registration number: 08220907)

Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	114,908	64,927
Current assets
Debtors	4	241,780	308,864
Cash at bank and in hand		56,680	2,957
		298,460	311,821
Creditors: Amounts falling due within one year	5	(145,113)	(20,402)
Net current assets		153,347	291,419
Total assets less current liabilities		268,255	356,346
Creditors: Amounts falling due after more than one year	5	(34,116)	(53,098)
Provisions for liabilities		(23,187)	(12,366)
Net assets		210,952	290,882
Capital and reserves
Called up share capital		100	100
Retained earnings		210,852	290,782
Shareholders' funds		210,952	290,882

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

Lonson Engineering Limited

(Registration number: 08220907)

Balance Sheet as at 28 February 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 12 September 2025 and signed on its behalf by:
 

.........................................

Mr M H Hudson

Director

Lonson Engineering Limited

Notes to the Financial Statements for the Year Ended 28 February 2025

1	Accounting policies

Statutory information

Lonson Engineering Limited is a private company, limited by shares, domiciled in England and Wales, company number 08220907. The registered office is at 5 Sidings Court, White Rose Way, Doncaster, DN4 5NU.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

Government grants

Grants that do not impose specified future performance-related conditions are recognised in income when the grant proceeds are received or receivable. Grants that impose specified future performance-related conditions are recognised in income only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

Tax

The tax expense for the period comprises current tax. Tax is recognised in statement of income and retained earnings, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Lonson Engineering Limited

Notes to the Financial Statements for the Year Ended 28 February 2025 (continued)

1	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	33% straight line per annum
Office equipment	33% straight line per annum
Motor vehicles	25% straight line per annum

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Lonson Engineering Limited

Notes to the Financial Statements for the Year Ended 28 February 2025 (continued)

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

3	Tangible assets

	Fixtures & fittings  £	Motor vehicles  £	Office equipment  £	Total £
Cost
At 1 March 2024	11,377	146,459	8,197	166,033
Additions	-	78,780	-	78,780
Disposals	-	(33,089)	-	(33,089)
At 28 February 2025	11,377	192,150	8,197	211,724
Depreciation
At 1 March 2024	11,377	81,532	8,197	101,106
Charge for the year	-	28,799	-	28,799
Eliminated on disposal	-	(33,089)	-	(33,089)
At 28 February 2025	11,377	77,242	8,197	96,816
Carrying amount
At 28 February 2025	-	114,908	-	114,908
At 29 February 2024	-	64,927	-	64,927

4

Debtors

	2025 £	2024 £
Trade debtors	52,622	23,664
Amounts owed by parent undertaking	166,250	153,196
Prepayments	3,549	2,511
Other debtors	19,359	129,493
	241,780	308,864

Amounts due from parent undertakings are repayable after more than one year.

Lonson Engineering Limited

Notes to the Financial Statements for the Year Ended 28 February 2025 (continued)

5

Creditors

	2025  £	2024  £
Due within one year
HP and finance lease liability	58,372	4,431
Trade creditors	48,028	1,028
Social security and other taxes	11,026	7,284
Outstanding defined contribution pension costs	497	233
Accrued expenses	4,134	3,887
Corporation tax liability	22,995	-
Amounts owed to related parties	-	1,966
Other payables	61	1,573
	145,113	20,402
Due after one year
HP and finance lease liability	34,116	53,098

HP and finance lease liabilities

The HP and finance lease liabilities are secured on the assets to which they relate.

6	Parent and ultimate parent undertaking

The company's immediate parent is Londar Holdings Limited, incorporated in England & Wales.