REGISTERED NUMBER: 15370925 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 27 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

LION EXPRESS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Monger

E Trappitt

SECRETARY:

REGISTERED OFFICE:

Chestnut Lodge

Stockers Hill Road

Sittingbourne

ME9 0PJ

REGISTERED NUMBER:

15370925 (England and Wales)

ACCOUNTANTS:

Xeinadin South East Ltd

Create Business Hub

Ground Floor

5 Rayleigh Road

Hutton, Brentwood.

Essex

CM13 1AB

FIXED ASSETS

Tangible assets

4

286,885

CURRENT ASSETS

Debtors

5

506,778

Cash at bank and in hand

8,219

514,997

CREDITORS

Amounts falling due within one year

6

497,112

NET CURRENT ASSETS

17,885

TOTAL ASSETS LESS CURRENT LIABILITIES

304,770

CREDITORS

Amounts falling due after more than one year

7

160,623

NET ASSETS

144,147

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

144,047

SHAREHOLDERS' FUNDS

144,147

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

The members have not required the company to obtain an audit of its financial statements for the period 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 11 August 2025 and were signed on its behalf by:

E Trappitt - Director

1.	STATUTORY INFORMATION

Lion Express 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.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

382,513

At 31 December 2024

382,513

DEPRECIATION

Charge for period

95,628

At 31 December 2024

95,628

NET BOOK VALUE

At 31 December 2024

286,885

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

59,882

Amounts owed by group undertakings

446,896

506,778

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

92,188

Trade creditors

166,112

Amounts owed to group undertakings

41,890

Social security and other taxes

3,846

VAT

188,717

Other creditors

359

Accruals and deferred income

4,000

497,112

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

160,623