A & A Lamb Limited

Registered number

03955578

A & A Lamb Limited

Report and Financial Statements

31 March 2025

A & A Lamb Limited
Report and accounts
Contents




Page

Company information	1
Directors' report	2
Strategic report	3
Independent auditor's report	4 to 6
Income statement	7
Statement of financial position	8
Statement of changes in equity	9
Statement of cash flows	10
Notes to the financial statements	11 to 19

The following pages do not form part of the statutory accounts:

Detailed profit and loss account	20 to 21

A & A Lamb Limited

Company Information

Directors

M A Stacey

J Murgatroyd

Auditors

AccountAbility gb Limited

Portland House

21 Narborough Road

Cosby

Leicester

LE9 1TA

Bankers

HSBC

2-6 Gallowtree Gate

Leicester

LE1 1DA

Registered office

Walton New Road

Upper Bruntingthorpe

Lutterworth

Leicestershire

LE17 5RD

Registered number

03955578

A & A Lamb Limited
Registered number:		03955578
Directors' Report

The directors present their report and financial statements for the year ended 31 March 2025.

Principal activities
The company's principal activity during the year continued to be that of fencing contractors.

Dividends
Dividends declared and paid in the year amounted to £1,200,000 (2024 - £1,700,000).

Directors
The following persons served as directors during the year:

	M A Stacey
	J Murgatroyd

Directors' responsibilities

The directors are responsible for preparing the report and financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
●	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


Disclosure of information to auditors

Each person who was a director at the time this report was approved confirms that:
●	so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
●	he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.


This report was approved by the board on 21 October 2025 and signed on its behalf.

M A Stacey
Director

A & A Lamb Limited
Strategic Report

The directors present their strategic report on the company for the year ended 31 March 2025.

Review of the business
The company's principle activity is that of a fencing contractor. The director looks to identify opportunities for growth within the business with a view to increase its business with current customers and to add further quality customers to its customer base. The company will continue to prioritise service and quality of goods to its current customers.

Results and performance
The results of the company, as set out on page 8, show a profit on ordinary activity before tax of £2,015,915 (2024: £1,799,411). The company is based in the midlands and is strategically placed to take on contracts nationwide.

Key Performance Indicators ("KPI's")
Operating profit has decreased to £2,075,664 (12.30%) (2024: £1,813,305 (12.18%)). Profit on ordinary activities before taxation has decreased to £2,015,915 (11.94%) (2024: £1,799,411 (12.09%)). The decrease is attributable to certain customers struggling in the current climate and therefore the amount of work available has decreased. The profit for the year, after taxation, amounted to £1,511,465 (2024: £1,348,046). Ordinary dividends paid during the year amounted to £1,200,000 (2024: £1,700,000). Return on capital employed has decreased to 86.68% (2024: 71.43%). Return on capital employed is calculated as profit before interest and tax, divided by capital employed, which is taken to be total assets less current liabilities, less investments, less cash, plus overdrafts and other short term borrowings.

Business environment
The company operates in a competitive market against companies of various sizes. The market does change and continues to be highly competitive and therefore it is necessary to ensure the company continues to evolve and meet the requirements of the customers.

Principle risks and uncertainties
The company has identified its principle risks and uncertainties as strong competition for sales combined with availability of workers and availability of products. The company maintains a robust position by ensuring stock levels are maintained to prevent shortfalls and purchasing in advance for large contracts to ensure pricing is maintained. The company works closely with its work force and many have worked for the company for a number of years. It is necessary to ensure the company continues to evolve and provide a quality service to the customer. The company has a strong balance sheet, a high quality customer base and has continued to trade strongly. It is anticipated that the company will continue as a going concern.

This report was approved by the board on 21 October 2025 and signed on its behalf.

M A Stacey
Director

A & A Lamb Limited
Independent auditor's report
to the members of A & A Lamb Limited

Opinion

We have audited the financial statements of A & A Lamb Limited (the 'company') for the year ended 31 March 2025 which comprise the Income Statement, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
●	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;
●	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
●	have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
●	the information given in the strategic report and the directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
●	the strategic report and the directors’ report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
●	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
●	the financial statements are not in agreement with the accounting records and returns; or
●	certain disclosures of directors’ remuneration specified by law are not made; or
●	we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We evaluated the director's and management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to management override of controls, for example posting manual journal entries to manipulate financial performance, risk of fraud in revenue recognition in relation to cut off and significant one-off or unusual transactions.
Our audit procedures were designed to respond to those identified risks, including non-compliance with laws and regulations (irregularities) and fraud that are material to the financial statements. Our audit procedures included but were not limited to:
●	Discussing with the directors and management their policies and procedures regarding compliance with laws and regulations;
●	Communicating identified laws and regulations throughout our engagement team and remaining alert to any indications of non-compliance throughout our audit; and
●	Considering the risk of acts by the company which were contrary to applicable laws and regulations, including fraud.

Our audit procedures in relation to fraud included but were not limited to:
●	Making enquiries of the directors and management on whether they had knowledge of any actual, suspected or alleged fraud;
●	Gaining an understanding of the internal controls established to mitigate risks related to fraud;
●	Discussing amongst the engagement team the risks of fraud; and
●	Addressing the risks of fraud through management override of controls by performing journal entry testing.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is available on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.


Kay O'Brien BA BFP FCA
(Senior Statutory Auditor)		Portland House
for and on behalf of		21 Narborough Road
AccountAbility gb Limited		Cosby
Statutory Auditor		Leicester
21 October 2025		LE9 1TA

A & A Lamb Limited
Income Statement
for the year ended 31 March 2025


Notes		2025		2024
£			£

Turnover	3	16,879,565		14,881,934

Cost of sales		(12,680,372)		(10,549,310)

Gross profit		4,199,193		4,332,624

Administrative expenses		(2,123,529)		(2,519,319)

Operating profit	4	2,075,664		1,813,305

(Loss)/profit on sale of fixed assets		(11,570)		23,763
Interest receivable		18,529		21,037
Interest payable	7	(66,708)		(58,694)

Profit on ordinary activities before taxation		2,015,915		1,799,411

Tax on profit on ordinary activities	8	(504,450)		(451,365)

Profit for the financial year		1,511,465		1,348,046

A & A Lamb Limited
Statement of Financial Position
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	9		1,035,374			1,177,451

Current assets
Stocks	10	404,183			436,017
Debtors	11	3,599,264			3,562,602
Cash at bank and in hand		757,883			317,132
		4,761,330			4,315,751

Creditors: amounts falling due within one year	12	(2,713,183)			(2,656,845)

Net current assets			2,048,147			1,658,906

Total assets less current liabilities			3,083,521			2,836,357

Creditors: amounts falling due after more than one year	13		(40,357)			(67,089)

Provisions for liabilities
Deferred taxation	15		(252,017)			(289,586)

Net assets			2,791,147			2,479,682

Capital and reserves
Called up share capital	16		1,000			1,000
Profit and loss account	17		2,790,147			2,478,682

Total equity			2,791,147			2,479,682




M A Stacey
Director
Approved by the board and authorised for issue on 21 October 2025

A & A Lamb Limited
Statement of Changes in Equity
for the year ended 31 March 2025

Share		Profit		Total
capital		and loss
account
£		£		£

At 1 April 2023	1,000		2,830,636		2,831,636

Profit for the financial year			1,348,046		1,348,046

Dividends			(1,700,000)		(1,700,000)

At 31 March 2024	1,000		2,478,682		2,479,682



At 1 April 2024	1,000		2,478,682		2,479,682

Profit for the financial year			1,511,465		1,511,465

Dividends			(1,200,000)		(1,200,000)

At 31 March 2025	1,000		2,790,147		2,791,147

A & A Lamb Limited
Statement of Cash Flows
for the year ended 31 March 2025

Notes	2025		2024
£		£
Operating activities
Profit for the financial year	1,511,465		1,348,046

Adjustments for:
Loss/(profit) on sale of fixed assets	11,570		(23,763)
Interest receivable	(18,529)		(21,037)
Interest payable	66,708		58,694
Tax on profit on ordinary activities	504,450		451,365
Depreciation	323,085		313,848
Decrease in stocks	31,834		31,287
(Increase)/decrease in debtors	(36,662)		850,605
Increase/(decrease) in creditors	21,812		(1,579,833)
	2,415,733		1,429,212

Interest received	18,529		21,037
Interest paid	(58,435)		(52,213)
Interest element of finance lease payments	(8,273)		(6,481)
Corporation tax paid	(481,877)		(653,768)

Cash generated by operating activities	1,885,677		737,787

Investing activities
Payments to acquire tangible fixed assets	(202,828)		(608,635)
Proceeds from sale of tangible fixed assets	46,750		216,875

Cash used in investing activities	(156,078)		(391,760)

Financing activities
Equity dividends paid	(1,200,000)		(1,700,000)
Capital element of finance lease payments	(88,848)		(83,844)

Cash used in financing activities	(1,288,848)		(1,783,844)

Net cash generated/(used)
Cash generated by operating activities	1,885,677		737,787
Cash used in investing activities	(156,078)		(391,760)
Cash used in financing activities	(1,288,848)		(1,783,844)

Net cash generated/(used)	440,751		(1,437,817)

Cash and cash equivalents at 1 April	317,132		1,754,949
Cash and cash equivalents at 31 March	757,883		317,132

Cash and cash equivalents comprise:
Cash at bank	757,883		317,132

A & A Lamb Limited
Notes to the Accounts
for the year ended 31 March 2025

1	Summary of significant accounting policies

	Basis of preparation
	The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets

	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant, equipment and fixtures			15% and 25% on written down values
	Motor vehicles			25% on written down values
	Leasehold improvements			10% on cost


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Critical accounting estimates and judgements

	There are not considered to be any key judgements or assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


3	Analysis of turnover					2025		2024
£							£

	Revenue from construction contracts					16,879,565		14,881,934

	By geographical market:

	UK					16,879,565		14,881,934


4	Operating profit					2025		2024
£							£
	This is stated after charging:

	Depreciation of owned fixed assets					241,497		271,336
	Depreciation of assets held under finance leases and hire purchase contracts					81,588		42,512
	Operating lease rentals - land and buildings					62,000		62,000
	Auditors' remuneration for audit services					13,230		14,600
	Auditors' remuneration for other services					5,060		4,800
	Key management personnel compensation (including directors' emoluments)					170,378		157,561
	Carrying amount of stock sold					7,966,063		6,577,873


5	Directors' emoluments					2025		2024
£							£

	Emoluments					146,258		96,804
	Company contributions to defined contribution pension plans					11,321		22,380
						157,579		119,184


	Number of directors to whom retirement benefits accrued:					2025		2024
Number							Number

	Defined contribution plans					2		2


6	Staff costs					2025		2024
£							£

	Wages and salaries					2,157,629		2,151,667
	Subcontractors					3,136,382		2,337,364
	Social security costs					223,880		222,086
	Other pension costs					62,772		87,392
						5,580,663		4,798,509


	Average number of employees during the year					Number	Number

	Administration and office based					17		15
	Director					2		2
	On site					38		41
						57		58


7	Interest payable					2025		2024
£							£

	Other loans					58,435		52,213
	Finance charges payable under finance leases and hire purchase contracts					8,273		6,481
						66,708		58,694


8	Taxation					2025		2024
£							£
	Analysis of charge in period
	Current tax:
	UK corporation tax on profits of the period					542,020		401,767

	Deferred tax:
	Origination and reversal of timing differences					(37,570)		49,598


	Tax on profit on ordinary activities					504,450		451,365


8 Cont.

	Factors affecting tax charge for period
	The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows:

						2025		2024
£							£
	Profit on ordinary activities before tax					2,015,915		1,799,411

	Standard rate of corporation tax in the UK					25%		25%

£							£
	Profit on ordinary activities multiplied by the standard rate of corporation tax					503,979		449,853

	Effects of:
	Expenses not deductible for tax purposes					315		698
	Depreciation on assets not attracting capital allowances					156		814
	Current tax charge for period					504,450		451,365


	Factors that may affect future tax charges
	There are no further significant changes expected that will affect future tax charges.


9	Tangible fixed assets
		Leasehold improvements		Motor vehicles		Plant, equipment and fixtures		Total
		At cost		At cost		At cost
£			£		£		£
	Cost or valuation
	At 1 April 2024	39,439		1,163,675		757,925		1,961,039
	Additions	-		118,981		120,347		239,328
	Disposals	-		(118,711)		(22,741)		(141,452)
	At 31 March 2025	39,439		1,163,945		855,531		2,058,915

	Depreciation
	At 1 April 2024	39,436		260,502		483,650		783,588
	Charge for the year	-		241,918		81,167		323,085
	On disposals	-		(63,529)		(19,603)		(83,132)
	At 31 March 2025	39,436		438,891		545,214		1,023,541

	Carrying amount
	At 31 March 2025	3		725,054		310,317		1,035,374
	At 31 March 2024	3		903,173		274,275		1,177,451

	Amounts shown in leasehold improvements relate to short leasehold land and building improvements.

9 Cont.
						2025		2024
£							£
	Carrying value of plant and machinery and motor vehicles included above held under finance leases and hire purchase contracts					266,051		320,988


10	Stocks					2025		2024
£							£

	Raw materials and consumables					404,183		436,017


11	Debtors					2025		2024
£							£

	Trade debtors					3,350,792		3,352,051
	Other debtors					231,449		199,678
	Prepayments and accrued income					17,023		10,873
						3,599,264		3,562,602


12	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					56,318		81,934
	Trade creditors					1,534,088		1,010,412
	Corporation tax					261,909		201,767
	Other taxes and social security costs					77,926		69,881
	Other creditors					460,973		986,118
	Accruals and deferred income					321,969		306,733
						2,713,183		2,656,845


13	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					40,357		67,089


14	Obligations under finance leases and hire purchase					2025		2024
	contracts					£	£

	Amounts payable:
	Within one year					56,318		81,934
	Within two to five years					40,357		67,089
						96,675		149,023

	The obligations under finance lease and hire purchase contracts totalling £96,675 (2024 - £149,023) are secured on the assets concerned.


15	Deferred taxation					2025		2024
£							£

	Accelerated capital allowances					252,017		289,586


						2025		2024
£							£

	At 1 April					289,586		239,989
	(Credited)/charged to the profit and loss account					(37,569)		49,597

	At 31 March					252,017		289,586

	The deferred tax liability on accelerated capital allowances is expected to decrease as the depreciation rates are in excess of writing down allowances.


16	Share capital	Nominal		2025		2025		2024
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary shares	£1 each		500		500		500
	B Ordinary shares	£1 each		500		500		500
						1,000		1,000


17	Profit and loss account					2025		2024
£							£

	At 1 April					2,478,682		2,830,636
	Profit for the financial year					1,511,465		1,348,046
	Dividends					(1,200,000)		(1,700,000)

	At 31 March					2,790,147		2,478,682

	Includes all current and prior year retained profit and losses. All amounts are distributable.


18	Dividends					2025		2024
£							£

	Dividends on ordinary shares (note 17)					1,200,000		1,700,000



19	Capital commitments					2025		2024
£							£

	Amounts contracted for but not provided in the accounts					49,395		12,100


20	Defined contribution pension plans

	The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund. Contributions payable by the company for the year amounted to £62,772 (2024 - £87,392).


21	Other financial commitments

	Total future minimum lease payments under non-cancellable operating leases:

		Land and buildings		Land and buildings	Other		Other
		2025		2024		2025		2024
£			£		£		£
	Falling due:
	within one year	62,000		62,000		1,026		-
	within two to five years	248,000		248,000		3,591		-
	in over five years	67,167		129,167		-		-
		377,167		439,167		4,617		-


22	Related party transactions					2025		2024
£							£

Key management personnel of the company
Interest is paid on the in hand loan account balances at 4.00% (2024: 4.00%) and amounted to £36,983 (2024: £52,213). The outstanding balances are unsecured and repayable on demand.

Amount due (to) the related parties	(429,638)	(953,626)

Other related parties
Rent was paid of £62,000 (2024: £62,000). Purchases were made of £84,419 (2024: £87,292). Sales were made of £33,867 (2024: £10,870). The outstanding balances are unsecured and repayable on demand.

Amount due from the related parties	325	729



23	Controlling party

	Throughout the year the company was controlled by M A Stacey a major shareholder and director of the company.


24	Presentation currency

	The financial statements are presented in Sterling.


25	Legal form of entity and country of incorporation

	A & A Lamb Limited is a private company limited by shares and incorporated in England.


26	Principal place of business

	The address of the company's principal place of business and registered office is:

	Walton New Road
	Upper Bruntingthorpe
	Lutterworth
	Leicestershire
	LE17 5RD