Company Registration No. 04252588 (England and Wales)
LANE FINANCIAL MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 August 2025
LANE FINANCIAL MANAGEMENT LIMITED
Unaudited accounts
Contents
LANE FINANCIAL MANAGEMENT LIMITED
Company Information
for the year ended 31 August 2025
Directors
Carl Rivers
James Rivers
Company Number
04252588 (England and Wales)
Registered Office
1 Portchester Rise
Eastleigh
Hampshire
SO50 4QS
England
Accountants
Bucks Tax And Payroll Services Limited
217 Dundrum Road
Newcastle
Down
BT33 0LW
LANE FINANCIAL MANAGEMENT LIMITED
Statement of financial position
as at 31 August 2025
Tangible assets
20,453
24,487
Cash at bank and in hand
269,264
164,559
Creditors: amounts falling due within one year
(109,717)
(109,640)
Net current assets
182,947
103,108
Total assets less current liabilities
203,400
127,595
Provisions for liabilities
Deferred tax
(5,113)
(5,792)
Net assets
198,287
121,803
Called up share capital
160
160
Profit and loss account
188,227
111,743
Shareholders' funds
198,287
121,803
For the year ending 31 August 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by
Carl Rivers
Director
Company Registration No. 04252588
LANE FINANCIAL MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 August 2025
LANE FINANCIAL MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04252588. The registered office is 1 Portchester Rise, Eastleigh, Hampshire, SO50 4QS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% per annum of cost
Fixtures & fittings
25% per annum of cost
Computer equipment
25% per annum of cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
LANE FINANCIAL MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
23,645
39,490
10,266
73,401
At 31 August 2025
23,645
39,490
11,463
74,598
At 1 September 2024
4,730
39,490
4,694
48,914
Charge for the year
2,365
-
2,866
5,231
At 31 August 2025
7,095
39,490
7,560
54,145
At 31 August 2025
16,550
-
3,903
20,453
At 31 August 2024
18,915
-
5,572
24,487
Amounts falling due within one year
Other debtors
23,400
48,189
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
26,500
Taxes and social security
107,683
83,140
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150
150
10 B Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).