LSU: Love, Support, Unite Africa Ltd

	Page
Company Information	1
Directors' Report	2—3
Accountant's Report	4
Profit and Loss Account	5
Balance Sheet	6—7
Statement of Changes in Equity	8
Notes to the Financial Statements	9—11

Page 1

Page 2

Company No. 08812384

Directors' Report For The Year Ended 31 March 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors

The directors who held office during the year were as follows:

James Colvin

Alice Pulford

Nina Roots

Sophie-Larissa Houghton

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 2

Page 3

LSU: Love, Support, Unite Africa Ltd

Directors' Report (continued)

For The Year Ended 31 March 2025

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has 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.

On behalf of the board

Alice Pulford

Director

23/09/2025

Page 3

Page 4

LSU: Love, Support, Unite Africa Ltd

Accountant's Report

For The Year Ended 31 March 2025

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of LSU: Love, Support, Unite Africa Ltd For The Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of LSU: Love, Support, Unite Africa Ltd For The Year Ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of LSU: Love, Support, Unite Africa Ltd , as a body, in accordance with the terms of our engagement letter dated 20 December 2024. Our work has been undertaken solely to prepare for your approval the accounts of LSU: Love, Support, Unite Africa Ltd and state those matters that we have agreed to state to the directors of LSU: Love, Support, Unite Africa Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LSU: Love, Support, Unite Africa Ltd and its directors, as a body, for our work or for this report.

It is your duty to ensure that LSU: Love, Support, Unite Africa Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of LSU: Love, Support, Unite Africa Ltd . You consider that LSU: Love, Support, Unite Africa Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of LSU: Love, Support, Unite Africa Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

23/09/2025

Third Sector Accountancy Limited

Holyoake House

Hanover Street

Manchester

M60 0AS

Page 4

Page 5

LSU: Love, Support, Unite Africa Ltd

Profit and Loss Account

For The Year Ended 31 March 2025

Profit and Loss Account

		31 March 2025	31 March 2024
	Notes	£	£
TURNOVER		57,644	32,514
Cost of sales		(15,189 )	(12,570 )

GROSS PROFIT		42,455	19,944

Administrative expenses		(13,191 )	(14,641 )
Other operating income		2,500	5

OPERATING PROFIT		31,764	5,308
Interest payable and similar charges		(16 )	-

PROFIT BEFORE TAXATION		31,748	5,308
Tax on Profit		-	(288 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		31,748	5,020

The notes on pages 9 to 11 form part of these financial statements.

Page 5

Page 6

LSU: Love, Support, Unite Africa Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,088		320

			1,088		320
CURRENT ASSETS
Stocks	5	8,679		13,500
Debtors	6	6,578		833
Cash at bank and in hand		4,417		4,939

		19,674		19,272
Creditors: Amounts Falling Due Within One Year	7	(14,522 )		(14,708 )

NET CURRENT ASSETS (LIABILITIES)			5,152		4,564

TOTAL ASSETS LESS CURRENT LIABILITIES			6,240		4,884

NET ASSETS			6,240		4,884

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			6,238		4,882

SHAREHOLDERS' FUNDS			6,240		4,884

Page 6

Page 7

LSU: Love, Support, Unite Africa Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Alice Pulford

Director

23/09/2025

The notes on pages 9 to 11 form part of these financial statements.

Page 7

Page 8

LSU: Love, Support, Unite Africa Ltd

Statement of Changes in Equity

For The Year Ended 31 March 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 July 2023	2	19,574	19,576
Profit for the period and total comprehensive income	-	5,020	5,020

Donations to parent	-	(19,712)	(19,712)

As at 31 March 2024 and 1 April 2024	2	4,882	4,884


Profit for the year and total comprehensive income	-	31,748	31,748

Donations to parent	-	(30,392)	(30,392)

As at 31 March 2025	2	6,238	6,240

Page 8

Page 9

LSU: Love, Support, Unite Africa Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

LSU: Love, Support, Unite Africa Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08812384 . The registered office is Stabl Tanrallt, Ty Hen Road, Bryngwran, Holyhead, LL65 3PU.

The company is wholly owned by the Love Support Unite Africa Foundation, a registered charity number 1162406, registered with the Charity Commission.

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 generated through the sale of specialist glasses and other merchandise. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

The company does not currently provide services.

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:

Fixtures & Fittings	25% reducing balance
Computer Equipment	25% straight line

2.4. Stocks and Work in Progress

Stocks 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. There is no work-in-progress.

Page 9

Page 10

LSU: Love, Support, Unite Africa Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

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 year 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	1,058	2,218	3,276
Additions	-	850	850

As at 31 March 2025	1,058	3,068	4,126

Depreciation
As at 1 April 2024	738	2,218	2,956
Provided during the period	80	2	82

As at 31 March 2025	818	2,220	3,038

...CONTINUED

Page 10

Page 11

LSU: Love, Support, Unite Africa Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	240	848	1,088

As at 1 April 2024	320	-	320

5. Stocks

	31 March 2025	31 March 2024
	£	£
Stock	8,679	13,500

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	6,578	833

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	16	-
Corporation tax	-	288
Accruals and deferred income	1,141	1,055
Amounts owed to parent undertaking	13,365	13,365

	14,522	14,708

8. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	2	2

Page 11