Lotus Styling Limited

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

Registered number: 04472013

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		462,543		463,785

			462,543		463,785
CURRENT ASSETS
Stocks	6	3,866		9,057
Cash at bank and in hand		73,413		76,085

		77,279		85,142
Creditors: Amounts Falling Due Within One Year	7	(34,026 )		(47,789 )

NET CURRENT ASSETS (LIABILITIES)			43,253		37,353

TOTAL ASSETS LESS CURRENT LIABILITIES			505,796		501,138

Creditors: Amounts Falling Due After More Than One Year	8		(35,597 )		(45,036 )

NET ASSETS			470,199		456,102

CAPITAL AND RESERVES
Called up share capital	9		599		599
Profit and Loss Account			469,600		455,503

SHAREHOLDERS' FUNDS			470,199		456,102

Page 1

Page 2

Lotus Styling 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 D Terry

Director

8th December 2025

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

1. General Information

Lotus Styling Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04472013 . The registered office is Devon House, 45 Aldwick Road, Bognor Regis, West Sussex, PO21 2NJ.

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 represents income earned from the sale of goods and services in the period.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been amortised evenly over its estimated useful life of ten years.

2.4. 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:

Plant & Machinery

20% reducing balance

No depreciation is provided on freehold land and buildings.

Land is considered to have a infinite useful life and the depreciation of buildings is considered to be immaterial given that residual values are similar to cost.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	60,000

As at 31 March 2025	60,000

Amortisation
As at 1 April 2024	60,000

As at 31 March 2025	60,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

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Lotus Styling Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	457,579	19,452	477,031

As at 31 March 2025	457,579	19,452	477,031

Depreciation
As at 1 April 2024	-	13,246	13,246
Provided during the period	-	1,242	1,242

As at 31 March 2025	-	14,488	14,488

Net Book Value
As at 31 March 2025	457,579	4,964	462,543

As at 1 April 2024	457,579	6,206	463,785

6. Stocks

	2025	2024
	£	£
Stock	3,866	9,057

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	24	-
Bank loans and overdrafts	7,133	12,408
Other creditors	1,750	8,643
Taxation and social security	25,119	26,738

	34,026	47,789

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

	2025	2024
	£	£
Bank loans	35,597	45,036

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	599	599

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