REGISTERED NUMBER: 12221315 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LPE GROUP HOLDINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C D Sharkey

Miss L E Birch

Mr A L McCallion

REGISTERED OFFICE:

Units A & B

Mill Lane Industrial Park

Beverley

HU17 9DH

REGISTERED NUMBER:

12221315 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Investments

4

30,370

30,370

CURRENT ASSETS

Debtors

5

253,841

39,945

Cash at bank

2,508

5,131

256,349

45,076

CREDITORS

Amounts falling due within one year

6

216,847

9,190

NET CURRENT ASSETS

39,502

35,886

TOTAL ASSETS LESS CURRENT LIABILITIES

69,872

66,256

CAPITAL AND RESERVES

Called up share capital

370

370

Retained earnings

69,502

65,886

SHAREHOLDERS' FUNDS

69,872

66,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mr C D Sharkey - Director

1.	STATUTORY INFORMATION

LPE Group Ltd is a private company limited by shares, incorporated and domiciled in England. It has its registered office and principal place of business at Units A & B, Mill Lane Industrial Park, Beverley, England, HU17 9DH.

The principal activity of the company is that of a management company.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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 (2023 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

30,370

NET BOOK VALUE

At 31 December 2024

30,370

At 31 December 2023

30,370

Investments in subsidiaries are accounted for at cost less impairment.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

31,375

-

Amounts owed by group undertakings

214,485

31,930

Other debtors

7,981

8,015

253,841

39,945

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

6,875

-

Amounts owed to group undertakings

201,869

-

Taxation and social security

5,781

6,912

Other creditors

2,322

2,278

216,847

9,190

7.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed by a subsidiary Laser Products Europe Limited £17,195 (2023: £22,886), Shark eBites Ltd £197,290 (2023: NIL) and owes a subsidiary Leading Production Equipment Limited £201,869 (2023: £9,044).

The loan is free from interest and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY