Lemon And Honey Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13887391

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,721,095		1,802,261

			1,721,095		1,802,261
CURRENT ASSETS
Stocks	5	31,232		18,229
Debtors	6	52,316		37,015
Cash at bank and in hand		15,987		23,278

		99,535		78,522
Creditors: Amounts Falling Due Within One Year	7	(1,930,284 )		(1,300,647 )

NET CURRENT ASSETS (LIABILITIES)			(1,830,749 )		(1,222,125 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(109,654 )		580,136

Creditors: Amounts Falling Due After More Than One Year	8		(2,000,000 )		(2,000,000 )

NET LIABILITIES			(2,109,654 )		(1,419,864 )

CAPITAL AND RESERVES
Called up share capital	9		4		4
Share premium account			39,996		39,996
Profit and Loss Account			(2,149,654 )		(1,459,864 )

SHAREHOLDERS' FUNDS			(2,109,654)		(1,419,864)

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Lemon And Honey Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Peter Millican

Director

22/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Lemon And Honey Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13887391 . The registered office is Veale Wasbrough Vizards Llp Narrow Quay House, Narrow Quay, Bristol, BS1 4QA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	25 years straight line
Plant & Machinery	5 years straight line
Fixtures & Fittings	5 years straight line
Computer Equipment	4 years straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 30 (2024: 30)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	1,705,747	218,686	28,577	23,102	1,976,112
Additions	14,471	-	30,057	-	44,528

As at 31 March 2025	1,720,218	218,686	58,634	23,102	2,020,640

...CONTINUED

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Lemon And Honey Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	99,413	64,449	3,627	6,362	173,851
Provided during the period	68,471	43,737	7,710	5,776	125,694

As at 31 March 2025	167,884	108,186	11,337	12,138	299,545

Net Book Value
As at 31 March 2025	1,552,334	110,500	47,297	10,964	1,721,095

As at 1 April 2024	1,606,334	154,237	24,950	16,740	1,802,261

5. Stocks

	2025	2024
	£	£
Finished goods	31,232	18,229

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	2,683
Prepayments and accrued income	50,659	31,151
Other debtors	1,657	-
VAT	-	3,181

	52,316	37,015

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	224,382	309,123
VAT	17,915	-
Other creditors	41,401	57,977
Accruals and deferred income	86,123	110,294
Directors' loan accounts	1,560,463	823,253

	1,930,284	1,300,647

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	2,000,000	2,000,000

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

10. Related Party Transactions

Peter Millican is also a director of Parabola Limited, who have provided a £2,000,000 loan to Lemon & Honey Limited.

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