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Company registration number: 08756997

Expert Project Solutions Limited
Filleted Annual Report and Financial Statements
for the Year Ended 31 December 2024

Expert Project Solutions Limited

Contents

Balance Sheet | 1
Notes to the Financial Statements | 2 to 5

Expert Project Solutions Limited

(Registration number: 08756997)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Current assets |  |  |
Debtors | 4 | 3,964,255 | 2,378,288
Cash at bank and in hand |  | 820,876 | 171,440
|  | 4,785,131 | 2,549,728
Creditors: Amounts falling due within one year | 5 | (1,238,989) | (867,464)
Net assets |  | 3,546,142 | 1,682,264
Capital and reserves |  |  |
Profit and loss account |  | 3,546,142 | 1,682,264
Total equity |  | 3,546,142 | 1,682,264

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:

E Parkes Director |  |

Expert Project Solutions Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024

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:
138 Cheapside
6th Floor
London
EC2V 6BJ
England

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.

These financial statements are presented in Sterling (£).
The company is a wholly owned subsidiary of the LHi Group and the directors are confident that this group will be able to provide financial support if required. The directors have therefore prepared the financial statements on a going concern basis.

Name of parent of group

These financial statements are consolidated in the financial statements of LHi Group Limited.

The financial statements of LHi Group Limited may be obtained from Companies House.

Turnover 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.

Expert Project Solutions Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises tax. Tax is recognised in the profit and loss account, 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 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 on timing differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.
Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

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.

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.

Expert Project Solutions Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

Reserves

Called up share capital represents the nominal value of shares that have been issued.
Profit and loss account includes all current and prior period profits and losses.

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 present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 2 (2023 - 2). The company utilises resources from fellow group companies to deliver its services.

4 | Debtors

| 2024 £ | 2023 £
Trade debtors | 3,132,941 | 1,821,542
Other debtors | 607,412 | 556,746
Amounts owed by group undertakings | 223,902 | -
| 3,964,255 | 2,378,288

Expert Project Solutions Limited

Notes to the Financial Statements
for the Year Ended 31 December 2024

5 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Trade creditors | 818,724 | 132,993
Amounts owed to group undertakings and undertakings in which the company has a participating interest | - | 7,520
Taxation and social security | 69,260 | 89,016
Accruals and deferred income | 344,077 | 637,935
Other creditors | 6,928 | -
| 1,238,989 | 867,464

6 | Related party transactions

Summary of transactions with parent

The company has taken advantage of not disclosing transactions with its parent company on the grounds it is a wholly owned subsidiary.

7 | Relationship between entity and parents

The parent of the largest group in which these financial statements are consolidated is LHi Group Limited, incorporated in England and Wales.

The address of LHi Group Limited is:
138 Cheapside
6th Floor
London
EC2V 6BJ

8 | Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 30 September 2025 was Christopher Walford FCA, who signed for and on behalf of Albert Goodman LLP.