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Registration number: SC624320

Lescot Group Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Lescot Group Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Lescot Group Ltd

Company Information

Directors | Mrs Leanne Fulton Mr Scott McWilliams

Registered office | Suite 2/3 48 West George Street Glasgow G2 1BP

Accountants | Clyde Business Services 159 King Street Glasgow Lanarkshire G73 1BZ

Lescot Group Ltd

(Registration number: SC624320)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,088 | 133
Current assets |  |  |
Debtors | 5 | 43,424 | 72,108
Cash at bank and in hand |  | 169,651 | 207,838
|  | 213,075 | 279,946
Creditors: Amounts falling due within one year | 6 | (80,581) | (133,854)
Net current assets |  | 132,494 | 146,092
Total assets less current liabilities |  | 136,582 | 146,225
Creditors: Amounts falling due after more than one year | 6 | (20,585) | (21,985)
Net assets |  | 115,997 | 124,240
Capital and reserves |  |  |
Called up share capital | 7 | 2 | 2
Retained earnings |  | 115,995 | 124,238
Shareholders' funds |  | 115,997 | 124,240

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 August 2025 and signed on its behalf by:

Lescot Group Ltd

(Registration number: SC624320)
Balance Sheet as at 31 March 2025

......................................... Mrs Leanne Fulton Director
......................................... Mr Scott McWilliams Director

Lescot Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Suite 2/3
48 West George Street
Glasgow
G2 1BP

These financial statements were authorised for issue by the Board on 4 August 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

The financial statements have been prepared on a going concern basis.

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.

Tax

The tax expense for the period comprises current 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.

Lescot Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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
equipment | 20% 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Lescot Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Lescot Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2024 | 406 | - | 406
Additions | 803 | 4,175 | 4,978
At 31 March 2025 | 1,209 | 4,175 | 5,384
Depreciation
At 1 April 2024 | 273 | - | 273
Charge for the year | 188 | 835 | 1,023
At 31 March 2025 | 461 | 835 | 1,296
Carrying amount
At 31 March 2025 | 748 | 3,340 | 4,088
At 31 March 2024 | 133 | - | 133

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 2,259 | 30,943
Other debtors | 41,165 | 41,165
| 43,424 | 72,108

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 2,294 | 27,138
Taxation and social security | 77,982 | 86,425
Other creditors | 305 | 20,291
| 80,581 | 133,854

Creditors: amounts falling due after more than one year

Lescot Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 20,585 | 21,985

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 20,585 | 21,985

9 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £20,000.00 (2024 - £10,000.00) per ordinary share |  | 40,000 |  | 20,000

10 | Related party transactions

Lescot Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 25,140 | 25,140