REGISTERED NUMBER: 06551100 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Lion Electrics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L C Catt

SECRETARY:

L C Catt

REGISTERED OFFICE:

Bank House

Southwick Square

Southwick

West Sussex

BN42 4FN

REGISTERED NUMBER:

06551100 (England and Wales)

ACCOUNTANT:

P.A. Scammell

Accountant

Bank House

Southwick Square

Southwick

West Sussex

BN42 4FN

FIXED ASSETS

Tangible assets

4

8,726

11,519

CURRENT ASSETS

Debtors

5

31,245

12,905

Investments

6

40,000

40,000

Cash at bank

4,074

45,279

75,319

98,184

CREDITORS

Amounts falling due within one year

7

20,924

31,150

NET CURRENT ASSETS

54,395

67,034

TOTAL ASSETS LESS CURRENT LIABILITIES

63,121

78,553

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

63,021

78,453

63,121

78,553

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 director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

L C Catt - Director

1.	STATUTORY INFORMATION

Lion Electrics 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 each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

31,364

Additions

916

Disposals

(899

)

At 31 March 2025

31,381

DEPRECIATION

At 1 April 2024

19,845

Charge for year

3,709

Eliminated on disposal

(899

)

At 31 March 2025

22,655

NET BOOK VALUE

At 31 March 2025

8,726

At 31 March 2024

11,519

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

30,489

12,146

Other debtors

756

759

31,245

12,905

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

40,000

40,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

6,507

1,747

Taxation and social security

12,032

10,583

Other creditors

2,385

18,820

20,924

31,150