The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Larsen Building Products Limited is a private company limited by shares incorporated in Northern Ireland. The registered office is West Bank Road, Belfast Harbour Industrial Estate, Belfast, BT3 9JL.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

The average monthly number of persons (including directors) employed by the company during the year was:

At the balance sheet date the company's immediate parent undertaking was Larsen Associates Limited, and its ultimate parent undertaking was Larsen Newco 5 Limited, both companies are incorporated in Northern Ireland.

Larsen Newco 3 Limited's issued ordinary share capital is owned 75% by Larsen Newco 5 Limited and 25% by the director, Mr D Wright. Larsen Newco 3 Limited owns 100% of the issued ordinary share capital of Larsen Associates Limited. Larsen Newco 3 Limited owns 24% and Larsen Associates Limited owns 76% of the issued ordinary share capital of the company.

Larsen Newco 5 Limited is the smallest and largest group in which the results of the company are consolidated. The consolidated financial statements of Larsen Newco 5 Limited can be obtained from its registered office at Alfred House, 19 Alfred Street, Belfast, BT2 8EQ.