REGISTERED NUMBER: 05522617 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

FOR

LOMAS & GARNER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I G Hunt

Mrs L E McColl

R J G Hunt

SECRETARY:

Mrs L E McColl

REGISTERED OFFICE:

5 Beaumont Gate

Shenley Hill

Radlett

WD7 7AR

REGISTERED NUMBER:

05522617 (England and Wales)

ACCOUNTANTS:

Nagler Simmons

Chartered Accountants

5 Beaumont Gate

Shenley Hill

Radlett

WD7 7AR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,920

4,737

4,920

4,737

CURRENT ASSETS

Stocks

54,514

32,254

Debtors

6

468,618

466,233

Cash at bank

475,104

574,264

998,236

1,072,751

CREDITORS

Amounts falling due within one year

7

188,984

221,266

NET CURRENT ASSETS

809,252

851,485

TOTAL ASSETS LESS CURRENT LIABILITIES

814,172

856,222

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

814,072

856,122

SHAREHOLDERS' FUNDS

814,172

856,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 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 8th October 2025 and were signed on its behalf by:

I G Hunt - Director

1.	STATUTORY INFORMATION

Lomas & Garner 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.	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.

Goodwill

Goodwill represents the amount paid for the acquisition of the business in 2006 and has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% 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.

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 year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st May 2024

and 30th April 2025

180,000

AMORTISATION

At 1st May 2024

and 30th April 2025

180,000

NET BOOK VALUE

At 30th April 2025

-

At 30th April 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2024

13,679

Additions

730

At 30th April 2025

14,409

DEPRECIATION

At 1st May 2024

8,942

Charge for year

547

At 30th April 2025

9,489

NET BOOK VALUE

At 30th April 2025

4,920

At 30th April 2024

4,737

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

190,342

175,631

Other debtors

278,276

290,602

468,618

466,233

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

148,925

180,445

Taxation and social security

21,782

28,016

Other creditors

18,277

12,805

188,984

221,266

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2025 and 30th April 2024:

30.4.25

30.4.24

£

£

Mrs L E McColl

Balance outstanding at start of year

200,000

200,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

200,000

200,000

R J G Hunt

Balance outstanding at start of year

17,247

29,813

Amounts repaid

(12,542

)

(12,566

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,705

17,247

The advances are interest free.