REGISTERED NUMBER: 04707492 (England and Wales)

PJ Lyons Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr. M Lyons

Mr. P J Lyons

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

04707492 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

22,824

25,075

Current assets

Stocks

4,900

7,100

Debtors

5

14,156

13,826

Cash at bank

22,507

5,633

41,563

26,559

Creditors

Amounts falling due within one year

6

29,880

20,213

Net current assets

11,683

6,346

Total assets less current liabilities

34,507

31,421

Creditors

Amounts falling due after more than one year

7

(3,528

)

(6,389

)

Provisions for liabilities

(5,705

)

(6,269

)

Net assets

25,274

18,763

Capital and reserves

Called up share capital

10

10

Retained earnings

25,264

18,753

25,274

18,763

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd December 2025 and were signed on its behalf by:

Mr. P J Lyons - Director

1.	Statutory information

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

2.	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 the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

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

4.	Tangible fixed assets

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1st April 2024

19,057

44,307

4,929

68,293

Additions

1,530

-

3,830

5,360

At 31st March 2025

20,587

44,307

8,759

73,653

Depreciation

At 1st April 2024

13,672

27,619

1,927

43,218

Charge for year

1,729

4,173

1,709

7,611

At 31st March 2025

15,401

31,792

3,636

50,829

Net book value

At 31st March 2025

5,186

12,515

5,123

22,824

At 31st March 2024

5,385

16,688

3,002

25,075

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

13,384

13,560

Other debtors

772

266

14,156

13,826

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

3,523

4,166

Trade creditors

13,516

7,135

Taxation and social security

2,158

2,982

Other creditors

10,683

5,930

29,880

20,213

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

3,528

6,389