REGISTERED NUMBER: 05624705 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Limesharp Internet Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Cockton

Mr E Bull

REGISTERED OFFICE:

65 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

REGISTERED NUMBER:

05624705 (England and Wales)

ACCOUNTANTS:

Godfrey Laws & Co Limited

65 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

4

33,501

32,214

CURRENT ASSETS

Debtors

5

326,667

339,214

Cash at bank

185,975

81,609

512,642

420,823

CREDITORS

Amounts falling due within one year

6

277,665

280,457

NET CURRENT ASSETS

234,977

140,366

TOTAL ASSETS LESS CURRENT LIABILITIES

268,478

172,580

PROVISIONS FOR LIABILITIES

8,375

8,053

NET ASSETS

260,103

164,527

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

259,603

164,027

SHAREHOLDERS' FUNDS

260,103

164,527

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 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 23 December 2025 and were signed on its behalf by:

Mr E Bull - Director

1.	STATUTORY INFORMATION

Limesharp Internet 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

-

20% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024

38,072

Additions

11,126

Disposals

(648

)

At 31 March 2025

48,550

DEPRECIATION

At 1 April 2024

5,858

Charge for year

9,253

Eliminated on disposal

(62

)

At 31 March 2025

15,049

NET BOOK VALUE

At 31 March 2025

33,501

At 31 March 2024

32,214

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

267,718

306,544

Amounts owed by group undertakings

44,847

14,937

Directors' current accounts

2,728

-

Prepayments

11,374

17,733

326,667

339,214

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

12,278

12,541

Tax

85,829

46,935

Social security and other taxes

23,525

24,954

VAT

96,854

74,789

Other creditors

23,397

19,956

Directors' current accounts

3,464

17,994

Accruals and deferred income

-

81,187

Accrued expenses

32,318

2,101

277,665

280,457

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

11,462

12,504

Between one and five years

-

11,462

11,462

23,966

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr R Cockton

Balance outstanding at start of year

(10,535

)

19,702

Amounts advanced

7,071

-

Amounts repaid

-

(30,237

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,464

)

(10,535

)

Mr E Bull

Balance outstanding at start of year

(7,459

)

17,537

Amounts advanced

10,186

-

Amounts repaid

-

(24,996

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,727

(7,459

)

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.