LILLIAN STANLEY FINANCIAL SERVICES LIMITED


Director	KELLY, Helen


Registered Address	Unit 1 The Old Forge, Priory London Road
	Canwell
	Sutton Coldfield
	B75 5SH


Registered Number	11867992 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		22,880		20,606
			22,880		20,606
Current assets
Debtors	4	186,754		79,703
Cash at bank and on hand		15,516		76,405
		202,270		156,108
Creditors amounts falling due within one year	5	(93,865)		(76,042)
Net current assets (liabilities)			108,405		80,066
Total assets less current liabilities			131,285		100,672
Creditors amounts falling due after one year	6		(21,923)		(27,600)
Provisions for liabilities			(2,436)		(1,560)
Net assets			106,926		71,512
Capital and reserves
Called up share capital			1		1
Profit and loss account			106,925		71,511
Shareholders' funds			106,926		71,512

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 11 December 2025, and are signed on its behalf by:

KELLY, Helen
Director
Registered Company No. 11867992

LILLIAN STANLEY FINANCIAL SERVICES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Deferred tax
	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. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

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. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		4

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	22,490
	Additions	5,195
	At 31 March 25	27,685
	Depreciation and impairment
	At 01 April 24	1,884
	Charge for year	2,921
	At 31 March 25	4,805
	Net book value
	At 31 March 25	22,880
	At 31 March 24	20,606

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	62,620	32,110
Other debtors	113,742	45,592
Prepayments and accrued income	10,392	2,001
Total	186,754	79,703

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	39,957	23,942
Bank borrowings and overdrafts	5,837	5,837
Taxation and social security	27,725	44,405
Other creditors	17,876	58
Accrued liabilities and deferred income	2,470	1,800
Total	93,865	76,042

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	21,923	27,600
Total	21,923	27,600

7.	Obligations under finance leases