L.H. Ransom, Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00645804

L.H. Ransom, Limited

Filleted Unaudited Financial Statements

31 March 2025

L.H. Ransom, Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	6,550	7,076

Current assets

Debtors	6	14,601	13,324
Cash at bank and in hand		20,137	21,423
		--------	--------
		34,738	34,747

Creditors: amounts falling due within one year	7	31,269	32,257
		--------	--------
Net current assets		3,469	2,490
		--------	-------
Total assets less current liabilities		10,019	9,566
		--------	-------
Net assets		10,019	9,566
		--------	-------

Capital and reserves

Called up share capital	536	536
Share premium account	4,824	4,824
Profit and loss account	4,659	4,206
	--------	-------
Shareholders funds	10,019	9,566
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

L.H. Ransom, Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 11 November 2025 , and are signed on behalf of the board by:

J W Ransom

Director

Company registration number: 00645804

L.H. Ransom, Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 436 Hook Road, Chessington, Surrey, KT19 1NA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents Fees derived from Management, Secretarial and Office Services rendered.

Tangible assets

Depreciation: Furniture - 10% Straight Line; Computer Equipment - 25% Straight Line. Assets when fully depreciated are deleted after 10 years. Freehold Property - this is occupied and used for the purposes of the Group Companies businesses and is included at Cost. No depreciation has been provided on the Building content of Cost as this is considered negligible in relation to the total Cost. The Freehold was valued by Boyce Thornton, Chartered Surveyors, at £600,000 at 31st March 2023. If sold at this valuation, Capital Gains Tax of £134,241 would be due.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 4 ).

5. Tangible assets

	Freehold property	Furniture	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	4,954	3,968	8,922
	-------	-------	-------
Depreciation
At 1 April 2024	–	1,846	1,846
Charge for the year	–	526	526
	-------	-------	-------
At 31 March 2025	–	2,372	2,372
	-------	-------	-------
Carrying amount
At 31 March 2025	4,954	1,596	6,550
	-------	-------	-------
At 31 March 2024	4,954	2,122	7,076
	-------	-------	-------

6. Debtors

	2025	2024
	£	£
Related Parties	14,536	12,981
Other debtors	65	343
	--------	--------
	14,601	13,324
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Related Parties	25,379	28,522
Other creditors	5,890	3,735
	--------	--------
	31,269	32,257
	--------	--------

8. Related parties

The following are Related Parties in so far as the Company acts in providing management services to these Companies whose shareholders are related to the Directors of the Company. Brockett Investment Co. Limited Norsette Investment Co. Limited L H Development Co. Limited Ransoms (Hook) Limited is a related party in so far as its major shareholder is the major shareholder of Ransoms Enterprises Limited, its Parent Company. Management Services are also provided to it. Total Management Services were £24,957 (2024 - £22,259) for the year.

9. Ultimate holding company

The ultimate Holding Company at Balance Sheet date is Ransoms Enterprises Limited incorporated in England which holds all of the Issued Share Capital.