Ladbrooke 98 Ltd - Filleted accounts

Registered number

03536234

Ladbrooke 98 Ltd

Unaudited Filleted Accounts

31 August 2025

Ladbrooke 98 Ltd
Registered number:		03536234
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		61,818			60,666

Current assets
Stocks		46,085			29,741
Debtors	4	47,241			102,089
Cash at bank and in hand		43,631			130,332
		136,957			262,162

Creditors: amounts falling due within one year	5	(91,633)			(138,577)

Net current assets			45,324			123,585

Total assets less current liabilities			107,142			184,251

Creditors: amounts falling due after more than one year	6		-			(9,809)

Provisions for liabilities			(11,000)			(9,795)


Net assets			96,142			164,647

Capital and reserves
Called up share capital			4			4
Profit and loss account			96,138			164,643

Shareholders' funds			96,142			164,647

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Skidmore
Director
Approved by the board on 27 November 2025

Ladbrooke 98 Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts 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 (as applied to small entities by section 1A of the standard).

	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	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, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Premises improvements			over 10 years
	Plant and machinery			25% reducing balance
	Office equipment			over 3 years

	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. 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. Current and deferred tax liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

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


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		6


3	Tangible fixed assets
		Premises improvements		Plant and machinery etc		Office equipment		Total
£			£		£		£
	Cost
	At 1 September 2024	35,142		75,267		7,815		118,224
	Additions	-		11,950		3,905		15,855
	Disposals	-		-		(7,815)		(7,815)
	At 31 August 2025	35,142		87,217		3,905		126,264

	Depreciation
	At 1 September 2024	13,654		36,089		7,815		57,558
	Charge for the year	3,516		10,543		644		14,703
	On disposals	-		-		(7,815)		(7,815)
	At 31 August 2025	17,170		46,632		644		64,446

	Net book value
	At 31 August 2025	17,972		40,585		3,261		61,818
	At 31 August 2024	21,488		39,178		-		60,666


4	Debtors					2025		2024
£							£

	Trade debtors					27,324		85,489
	Other debtors					19,917		16,600
						47,241		102,089


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

	Bank loans					9,646		10,104
	Trade creditors					51,039		50,024
	Taxation and social security costs					9,764		57,420
	Other creditors					21,184		21,029
						91,633		138,577


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

	Bank loans					-		9,809


7	Controlling party

	The company is not under the control of any single shareholder.


8	Other information

	Ladbrooke 98 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Grange
	Exhall, Alcester
	Warwickshire
	B49 6EA