Registration number: 09527673

Lark Topsham Limited

Contents

Company Information	1
Director's Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 7

Lark Topsham Limited

Company Information

Director

Mrs C Hayler

Registered office

16 Fore Street Topsham Exeter Devon EX3 0HF

Accountants

Harland Accountants Ground Floor, Unit 3 Southview House St Austell Enterprise Park Carclaze Down St Austell Cornwall PL25 4EJ

Lark Topsham Limited

Director's Report for the Period from 1 April 2024 to 31 August 2025

The director presents her report and the financial statements for the period from 1 April 2024 to 31 August 2025.

Director of the company

The director who held office during the period was as follows:

Mrs C Hayler

Principal activity

The principal activity of the company is retail of gifts.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 3 October 2025
 

......................................... Mrs C Hayler Director

Lark Topsham Limited

(Registration number: 09527673)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	898
Current assets
Stocks		-	3,000
Cash at bank and in hand		-	2,324
		-	5,324
Creditors: Amounts falling due within one year		(978)	(8,300)
Net current liabilities		(978)	(2,976)
Total assets less current liabilities		(978)	(2,078)
Provisions for liabilities		-	(66)
Net liabilities		(978)	(2,144)
Capital and reserves
Called up share capital	5	100	100
Retained earnings		(1,078)	(2,244)
Shareholders' deficit		(978)	(2,144)

For the financial period ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Lark Topsham Limited

(Registration number: 09527673)
Balance Sheet as at 31 August 2025

Approved and authorised by the director on 3 October 2025
 

......................................... Mrs C Hayler Director

Lark Topsham Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
16 Fore Street
Topsham
Exeter
Devon
EX3 0HF

These financial statements were authorised for issue by the director on 3 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Lark Topsham Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 August 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	15% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Lark Topsham Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 August 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2 (2024 - 3).

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	2,426	2,426
Disposals	(2,426)	(2,426)
At 31 August 2025	-	-
Depreciation
At 1 April 2024	1,528	1,528
Eliminated on disposal	(1,528)	(1,528)
At 31 August 2025	-	-
Carrying amount
At 31 August 2025	-	-
At 31 March 2024	898	898

5	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100