REGISTERED NUMBER: 13550683 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 August 2025

for

LHSM Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs K Brown

REGISTERED OFFICE:

Unit 6

Sherwood Industrial Estate

Robin Hood

Wakefield

WF3 3EL

REGISTERED NUMBER:

13550683 (England and Wales)

ACCOUNTANTS:

Equate Limited

Chartered Certified Accountants

The Hive Wakefield

142 Thornes Lane

Wakefield

West Yorkshire

WF2 7RE

FIXED ASSETS

Tangible assets

4

48,434

72,503

CURRENT ASSETS

Stocks

23,525

12,637

Debtors

5

175,688

170,575

Cash at bank

391

11,391

199,604

194,603

CREDITORS

Amounts falling due within one year

6

146,083

155,685

NET CURRENT ASSETS

53,521

38,918

TOTAL ASSETS LESS CURRENT LIABILITIES

101,955

111,421

CREDITORS

Amounts falling due after more than one year

7

(21,675

)

(36,355

)

PROVISIONS FOR LIABILITIES

(12,109

)

(12,766

)

NET ASSETS

68,171

62,300

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

68,170

62,299

68,171

62,300

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

Mrs K Brown - Director

1.	STATUTORY INFORMATION

LHSM 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

100,303

1,635

101,938

Additions

10,898

-

10,898

Disposals

(24,500

)

-

(24,500

)

At 31 August 2025

86,701

1,635

88,336

DEPRECIATION

At 1 September 2024

28,620

815

29,435

Charge for year

20,646

540

21,186

Eliminated on disposal

(10,719

)

-

(10,719

)

At 31 August 2025

38,547

1,355

39,902

NET BOOK VALUE

At 31 August 2025

48,154

280

48,434

At 31 August 2024

71,683

820

72,503

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

104,338

103,022

Other debtors

70,755

67,446

Prepayments and accrued income

595

107

175,688

170,575

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

14,681

13,643

Trade creditors

27,139

5,611

Tax

10,526

-

Social security and other taxes

28,003

3,408

VAT

26,873

41,745

Other creditors

1,408

-

Directors' current accounts

36,158

89,983

Accruals and deferred income

1,295

1,295

146,083

155,685

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

21,675

36,355