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Company Registration No. 10706892 (England and Wales)
LS COMPOSITES LTD Unaudited accounts for the year ended 30 April 2025
LS COMPOSITES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LS COMPOSITES LTD Company Information for the year ended 30 April 2025
Director
LEE SAUNDERS
Company Number
10706892 (England and Wales)
Registered Office
16 BRIDGE STREET HUNGERFORD BERKSHIRE RG17 0EG ENGLAND
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED 16 BRIDGE STREET HUNGERFORD BERKSHIRE RG17 0EG
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LS COMPOSITES LTD Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
1,092
Current assets
Debtors
5
-
2,360
Cash at bank and in hand
-
1,289
-
3,649
Creditors: amounts falling due within one year
6
(1,393)
(4,641)
Net current liabilities
(1,393)
(992)
Net (liabilities)/assets
(1,393)
100
Capital and reserves
Called up share capital
100
100
Profit and loss account
(1,493)
-
Shareholders' funds
(1,393)
100
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 1 December 2025 and were signed on its behalf by
LEE SAUNDERS Director Company Registration No. 10706892
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LS COMPOSITES LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
LS COMPOSITES LTD is a private company, limited by shares, registered in England and Wales, registration number 10706892. The registered office is 16 BRIDGE STREET, HUNGERFORD, BERKSHIRE, RG17 0EG, ENGLAND.
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
Straight line basis over five years
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 May 2024
2,730
At 30 April 2025
2,730
Depreciation
At 1 May 2024
1,638
Charge for the year
1,092
At 30 April 2025
2,730
Net book value
At 30 April 2025
-
At 30 April 2024
1,092
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
2,360
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LS COMPOSITES LTD Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
(83)
365
Taxes and social security
186
3,436
Other creditors
(37)
-
Loans from directors
427
-
Accruals
900
840
1,393
4,641
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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