REGISTERED NUMBER: 02324536 (England and Wales)

Lady Lodge Systems Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

8

Directors:

R I Brown

P King

Registered office:

Bridge House

Bridge Street

Kings Cliffe

Peterborough

Cambs

PE8 6XH

Registered number:

02324536 (England and Wales)

Accountants:

Moore Thompson

7 Swan Court

Forder Way, Cygnet Park

Hampton

Peterborough

Cambridgeshire

PE7 8GX

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lady Lodge Systems Limited for the year ended 31 December 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Lady Lodge Systems Limited, as a body, in accordance with the terms of our engagement letter dated 15 August 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Lady Lodge Systems Limited and state those matters that we have agreed to state to the Board of Directors of Lady Lodge Systems Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lady Lodge Systems Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lady Lodge Systems Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lady Lodge Systems Limited. You consider that Lady Lodge Systems Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lady Lodge Systems Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

7 Swan Court

Forder Way, Cygnet Park

Hampton

Peterborough

Cambridgeshire

PE7 8GX

29 September 2025

Fixed assets

Tangible assets

5

189,038

225,059

Investments

6

183,492

175,090

372,530

400,149

Current assets

Stocks

7,390

6,420

Debtors

7

793,638

1,025,716

Cash at bank

3,697,271

2,955,288

4,498,299

3,987,424

Creditors

Amounts falling due within one year

8

417,959

391,147

Net current assets

4,080,340

3,596,277

Total assets less current liabilities

4,452,870

3,996,426

Provisions for liabilities

31,068

33,320

Net assets

4,421,802

3,963,106

Capital and reserves

Called up share capital

9

1,500

1,500

Capital redemption reserve

10

500

500

Retained earnings

10

4,419,802

3,961,106

Shareholders' funds

4,421,802

3,963,106

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

R I Brown - Director

1.	Statutory information

Lady Lodge Systems Limited 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.

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

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Long leasehold

-

5% on a straight line basis

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4.	Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

5.	Tangible fixed assets

Long

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2024

278,104

46,052

195,175

771

520,102

Additions

-

13,194

-

-

13,194

At 31 December 2024

278,104

59,246

195,175

771

533,296

Depreciation

At 1 January 2024

189,669

42,494

62,366

514

295,043

Charge for year

13,905

3,351

31,702

257

49,215

At 31 December 2024

203,574

45,845

94,068

771

344,258

Net book value

At 31 December 2024

74,530

13,401

101,107

-

189,038

At 31 December 2023

88,435

3,558

132,809

257

225,059

6.	Fixed asset investments

Other

investments

£

Cost or valuation

At 1 January 2024

175,090

Revaluations

8,402

At 31 December 2024

183,492

Net book value

At 31 December 2024

183,492

At 31 December 2023

175,090

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2024

183,492

7.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

793,418

1,025,496

Other debtors

220

220

793,638

1,025,716

8.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

7,685

6,266

Corporation Tax

159,785

129,332

Social security and other taxes

62,378

58,284

VAT

176,090

187,765

Credit card account

7,998

5,697

Pension creditor

257

257

Directors' loan accounts

46

46

Accrued expenses

3,720

3,500

417,959

391,147

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,500

Ordinary

1

1,500

1,500

10.

Reserves

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2024

3,961,106

500

3,961,606

Profit for the year

458,696

458,696

At 31 December 2024

4,419,802

500

4,420,302