REGISTERED NUMBER: 08519233 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lavant Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs D Steer

Mr G Steer

REGISTERED OFFICE:

24-26 Mansfield Road

Rotherham

South Yorkshire

S60 2DT

REGISTERED NUMBER:

08519233 (England and Wales)

ACCOUNTANTS:

SMH Haywood & Co Limited

24-26 Mansfield Road

Rotherham

South Yorkshire

S60 2DT

FIXED ASSETS

Tangible assets

3

908

1,211

CURRENT ASSETS

Stocks

-

46,262

Debtors

4

234,543

397,970

Cash at bank and in hand

16

20,690

234,559

464,922

CREDITORS

Amounts falling due within one year

5

(95,153

)

(246,145

)

NET CURRENT ASSETS

139,406

218,777

TOTAL ASSETS LESS CURRENT LIABILITIES

140,314

219,988

CREDITORS

Amounts falling due after more than one year

6

(22,259

)

(31,524

)

NET ASSETS

118,055

188,464

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

118,053

188,462

SHAREHOLDERS' FUNDS

118,055

188,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by:

Mr G Steer - Director

Mrs D Steer - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

6,299

DEPRECIATION

At 1 April 2024

5,088

Charge for year

303

At 31 March 2025

5,391

NET BOOK VALUE

At 31 March 2025

908

At 31 March 2024

1,211

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

9,375

Other debtors

234,543

388,595

234,543

397,970

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,982

10,171

Trade creditors

10,558

1,435

Taxation and social security

70,213

115,191

Other creditors

5,400

119,348

95,153

246,145

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

22,259

31,524

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

2,520

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

-

100,000

The other loans are secured on property owned by the company and a company under common control.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr G Steer and Mrs D Steer

Balance outstanding at start of year

101,695

-

Amounts advanced

153,800

171,695

Amounts repaid

(245,767

)

(70,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,728

101,695

Interest has been charged on the loan at the official rate and the loan has been repaid within 9 months.