2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-08-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 11450611 2024-08-01 2025-03-31 11450611 2025-03-31 11450611 2024-07-31 11450611 2023-08-01 2024-07-31 11450611 2024-07-31 11450611 2023-07-31 11450611 core:PlantMachinery 2024-08-01 2025-03-31 11450611 core:FurnitureFittings 2024-08-01 2025-03-31 11450611 core:MotorVehicles 2024-08-01 2025-03-31 11450611 bus:Director1 2024-08-01 2025-03-31 11450611 core:WithinOneYear 2025-03-31 11450611 core:WithinOneYear 2024-07-31 11450611 core:AfterOneYear 2025-03-31 11450611 core:AfterOneYear 2024-07-31 11450611 core:ShareCapital 2025-03-31 11450611 core:ShareCapital 2024-07-31 11450611 core:RevaluationReserve 2024-07-31 11450611 core:RetainedEarningsAccumulatedLosses 2025-03-31 11450611 core:RetainedEarningsAccumulatedLosses 2024-07-31 11450611 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 11450611 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 11450611 core:Non-currentFinancialInstruments 2025-03-31 11450611 bus:SmallEntities 2024-08-01 2025-03-31 11450611 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-03-31 11450611 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-03-31 11450611 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-03-31 11450611 bus:AbridgedAccounts 2024-08-01 2025-03-31
COMPANY REGISTRATION NUMBER: 11450611

LMT EAST MIDLANDS LTD

FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS

31 March 2025

LMT EAST MIDLANDS LTD

ABRIDGED STATEMENT OF FINANCIAL POSITION

31 March 2025

| 31 Mar 25 | 31 Jul 24
Note | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 5 |  | 75,016 |  | 306,115
Investments | 6 |  | 50 |  | –
|  | --------- |  | ----------
|  | 75,066 |  | 306,115

CURRENT ASSETS

Debtors | 235,984 |  | 174,416 |
Cash at bank and in hand | 48,537 |  | 53,064 |
| ---------- |  | ---------- |
| 284,521 |  | 227,480 |

CREDITORS: amounts falling due within one year | 128,937 |  | 120,469 |
| ---------- |  | ---------- |
NET CURRENT ASSETS |  | 155,584 |  | 107,011
|  | ---------- |  | ----------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 230,650 |  | 413,126

CREDITORS: amounts falling due after more than one year |  | 34,848 |  | 210,114
|  | ---------- |  | ----------
NET ASSETS |  | 195,802 |  | 203,012
|  | ---------- |  | ----------

CAPITAL AND RESERVES

Called up share capital |  | 190 |  | 190
Revaluation reserve |  | – |  | 85,076
Profit and loss account |  | 195,612 |  | 117,746
|  | ---------- |  | ----------
SHAREHOLDERS FUNDS |  | 195,802 |  | 203,012
|  | ---------- |  | ----------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

LMT EAST MIDLANDS LTD

ABRIDGED STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025
For the period 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 abridged financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the period ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 9 November 2025 , and are signed on behalf of the board by:

Mr R Thornton |
Director |

Company registration number: 11450611

LMT EAST MIDLANDS LTD

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

PERIOD FROM 1 AUGUST 2024 TO 31 MARCH 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 1 Derby Road, Eastwood, Nottingham, NG163PA, England.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% straight line
| Fixtures and fittings | - | 25% straight line
| Motor vehicles | - | 25% reducing balance

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the abridged statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 (2024: 2 ).
5. Tangible assets

| £
Cost |
At 1 August 2024 | 308,661
Additions | 46,085
Disposals | ( 267,977)
| ----------
At 31 March 2025 | 86,769
| ----------
Depreciation |
At 1 August 2024 | 2,546
Charge for the period | 11,598
Disposals | ( 2,391)
| ----------
At 31 March 2025 | 11,753
| ----------
Carrying amount |
At 31 March 2025 | 75,016
| ----------
At 31 July 2024 | 306,115
| ----------

6. Investments

| £
Cost |
At 1 August 2024 | –
Additions | 50
| ----
At 31 March 2025 | 50
| ----
Impairment |
At 1 August 2024 and 31 March 2025 | –
| ----
Carrying amount |
At 31 March 2025 | 50
| ----

7. Directors' advances, credits and guarantees
Included within debtors is an amount owed by the directors of £26,034 (2024: £4,416 Cr). This amount is unsecured and repayable upon demand. Interest has been charged at the beneficial loan interest rate.