REGISTERED NUMBER: 09748397 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Lonco Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M W J Shanley

REGISTERED OFFICE:

40 Westgate

First Floor

Cable House

Skelmlersdale

WN8 8AZ

REGISTERED NUMBER:

09748397 (England and Wales)

ACCOUNTANTS:

DJH Liverpool

3rd Floor Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Tangible assets

4

19,497

27,851

CURRENT ASSETS

Debtors

5

18,878

20,122

Cash at bank and in hand

19,672

18,594

38,550

38,716

CREDITORS

Amounts falling due within one year

6

48,839

49,787

NET CURRENT LIABILITIES

(10,289

)

(11,071

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,208

16,780

CREDITORS

Amounts falling due after more than one year

7

9,001

17,198

NET ASSETS/(LIABILITIES)

207

(418

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

205

(420

)

207

(418

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2025 and were signed by:

M W J Shanley - Director

1.	STATUTORY INFORMATION

Lonco Ltd 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.

Plant and machinery etc

-

20% on reducing balance and 15% on reducing balance

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 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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2024

653

73,518

1,977

76,148

Additions

-

10,000

-

10,000

Disposals

-

(28,950

)

-

(28,950

)

At 31 August 2025

653

54,568

1,977

57,198

DEPRECIATION

At 1 September 2024

511

46,265

1,521

48,297

Charge for year

21

4,758

114

4,893

Eliminated on disposal

-

(15,489

)

-

(15,489

)

At 31 August 2025

532

35,534

1,635

37,701

NET BOOK VALUE

At 31 August 2025

121

19,034

342

19,497

At 31 August 2024

142

27,253

456

27,851

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

7,577

11,321

Other debtors

11,301

8,801

18,878

20,122

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

15,200

15,200

Hire purchase contracts

2,000

-

Trade creditors

41

4,366

Taxation and social security

7,176

24,938

Other creditors

24,422

5,283

48,839

49,787

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

1,834

17,198

Hire purchase contracts

7,167

-

9,001

17,198

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M W J Shanley.