1 April 2024 false No description of principal activity Taxfiler 2024.6 04068599business:PrivateLimitedCompanyLtd2024-04-012025-03-31 040685992024-03-31 040685992024-04-012025-03-31 04068599business:AuditExemptWithAccountantsReport2024-04-012025-03-31 04068599business:FilletedAccounts2024-04-012025-03-31 040685992025-03-31 04068599business:Director32024-04-012025-03-31 04068599business:Director42024-04-012025-03-31 04068599business:Director52024-04-012025-03-31 04068599business:RegisteredOffice2024-04-012025-03-31 040685992024-03-31 04068599core:WithinOneYear2025-03-31 04068599core:WithinOneYear2024-03-31 04068599core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 04068599core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04068599core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 04068599core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04068599core:PreviouslyStatedAmount2025-03-31 04068599core:PreviouslyStatedAmount2024-03-31 04068599business:SmallEntities2024-04-012025-03-31 04068599countries:EnglandWales2024-04-012025-03-31 04068599core:PlantMachinery2024-04-012025-03-31 04068599core:MotorVehicles2024-04-012025-03-31 04068599core:PlantMachinery2024-03-31 04068599core:MotorVehicles2024-03-31 04068599core:PlantMachinery2025-03-31 04068599core:MotorVehicles2025-03-31 040685992023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04068599 (England and Wales)
LMFS TRADING LTD Unaudited accounts for the year ended 31 March 2025
LMFS TRADING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LMFS TRADING LTD Company Information for the year ended 31 March 2025
Directors
G Davies N Taylor M Stoodley
Company Number
04068599 (England and Wales)
Registered Office
Unit F, Seacroft Ind. Estate Coal Road Leeds LS14 2AQ United Kingdom
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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LMFS TRADING LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
10,352 
8,907 
Debtors
5
11,558 
3,617 
Cash at bank and in hand
33,356 
16,127 
55,266 
28,651 
Creditors: amounts falling due within one year
6
(36,419)
(11,020)
Net current assets
18,847 
17,631 
Net assets
18,847 
17,631 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
18,845 
17,629 
Shareholders' funds
18,847 
17,631 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
G Davies Director Company Registration No. 04068599
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LMFS TRADING LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
LMFS TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 04068599. The registered office is Unit F, Seacroft Ind. Estate, Coal Road, Leeds, LS14 2AQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straightline over 5 years
Motor vehicles
Straightline over 4 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
11,579 
11,149 
22,728 
Disposals
- 
(11,149)
(11,149)
At 31 March 2025
11,579 
- 
11,579 
Depreciation
At 1 April 2024
11,579 
11,149 
22,728 
On disposals
- 
(11,149)
(11,149)
At 31 March 2025
11,579 
- 
11,579 
Net book value
At 31 March 2025
- 
- 
- 
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LMFS TRADING LTD Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,077 
2,136 
Amounts due from group undertakings etc.
6 
6 
Other debtors
1,475 
1,475 
11,558 
3,617 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,413 
622 
Trade creditors
971 
6,022 
Taxes and social security
244 
- 
Other creditors
3,890 
- 
Accruals
27,901 
4,376 
36,419 
11,020 
7
Transactions with related parties
Included in overheads are recharges from the company's holding company, Leeds and Moortown Furniture Store Limited, of £54,000 (2024 - £32,250). These recover a proportion of salaries and other overheads incurred by the holding charity that can be identified as relating to the company. The balance owing as at the year was £26,361 (2024 : £2,861).
8
Controlling party
The controlling party is the company's holding company, Leeds and Moortown Furniture Store Limited, Registered in England & Wales with company number 03285971, a registered charity, whose Registered Office is Unit F - Seacroft Industrial Estate, Leeds, LS14 2AQ. The accounts of the holding company are available to the public. Details of intercompany transactions are shown under the 'Related party' note above.
9
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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