L.B. INTERIORS LIMITED

Company Registration Number:
02990963 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

L.B. INTERIORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

L.B. INTERIORS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 60,142 95,667
Total fixed assets: 60,142 95,667
Current assets
Debtors:   90,455 199,327
Cash at bank and in hand: 162,079 182,974
Total current assets: 252,534 382,301
Creditors: amounts falling due within one year:   (261,539) (402,187)
Net current assets (liabilities): (9,005) (19,886)
Total assets less current liabilities: 51,137 75,781
Creditors: amounts falling due after more than one year:   (2,449) (12,630)
Total net assets (liabilities): 48,688 63,151
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 48,588 63,051
Shareholders funds: 48,688 63,151

The notes form part of these financial statements

L.B. INTERIORS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 16 December 2025
and signed on behalf of the board by:

Name: L Bowen
Status: Director

The notes form part of these financial statements

L.B. INTERIORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Fixtures and fittings 25% reducing balance Motor vehicles 25% reducing balance

L.B. INTERIORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 11 13

L.B. INTERIORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 259,302
Disposals (66,970)
At 31 March 2025 192,332
Depreciation
At 01 April 2024 163,635
Charge for year 20,049
On disposals (51,494)
At 31 March 2025 132,190
Net book value
At 31 March 2025 60,142
At 31 March 2024 95,667