| Registered Number:07693549 |
For the year ended 31 July 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2025
Lakeland Blinds Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Lakeland Blinds Limited
Statement of Financial Position
2024
2025
12,000
12,000
2
| Property, plant and equipment |
22,507
49,070
3
34,507
61,070
1,660
1,724
4
| Trade and other receivables |
4,039
639
5
7,552
| Cash and cash equivalents |
9,944
12,307
13,251
| Trade and other payables: amounts falling due within one |
| year |
(30,574)
(28,358)
6
(17,323)
(16,051)
Net current liabilities
| Total assets less current liabilities |
18,456
43,747
| Trade and other payables: amounts falling due after more |
| than one year |
(28,966)
(11,890)
7
6,566
Net assets
14,781
1,152
1,152
5,414
13,629
6,566
14,781
Shareholders' funds
| For the year ended 31 July 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 July 2025
Lakeland Blinds Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 11 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 July 2025
Lakeland Blinds Limited
Notes to the Financial Statements
Statutory Information
| Lakeland Blinds Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 07693549. |
Wyncroft
The Hill
Millom
Cumbria
LA18 5HG
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and |
| the Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
| The financial statements have been prepared on a going concern basis as the directors believe that no material |
| uncertainties exist. The directors have considered the level of funds held and the expected level of income and |
| expenditure for 12 months from authorising these financial statements and have concluded that the company is |
| able to continue as a going concern. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and equipment
| 25%-33% per annum on cost |
Motor vehicles
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For the year ended 31 July 2025
Lakeland Blinds Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
12,000
12,000
12,000
12,000
| 3. Property, plant and equipment |
Motor vehicles
73,580
71,566
2,014
24,636
22,495
2,141
(53,806)
-
(53,806)
4,155
40,255
44,410
| Provision for depreciation and impairment |
24,510
22,622
1,888
Charge for year
2,255
1,875
380
(4,862)
(4,862)
-
21,903
19,635
2,268
1,887
20,620
22,507
126
48,944
49,070
2024
2025
1,724
1,660
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For the year ended 31 July 2025
Lakeland Blinds Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2024
2025
| Taxation and social security |
-
3,058
639
981
4,039
639
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
11,517
11,127
| Taxation and social security |
8,582
4,099
1,920
1,592
6,339
13,756
28,358
30,574
| 7. Trade and other payables: amounts falling due after more than one year |
2024
2025
28,966
11,890
| Obligations under HP/Financial leases |
| 8. Average number of persons employed |
During the year the average number of employees were 2 (2024 : 3)
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