The London Embroidery Studio Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11823182 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE LONDON EMBROIDERY STUDIO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

A J Kenny

REGISTERED OFFICE:

38 Ermine Mews

Laburnum Street

London

E2 8BF

REGISTERED NUMBER:

11823182 (England and Wales)

ACCOUNTANTS:

Dataday Accountability

Accountants & Businees Consultants

2 Seabraes Lane

Dundee

Angus

DD1 4AB

FIXED ASSETS

Tangible assets

4

20,471

45,906

CURRENT ASSETS

Stocks

1,250

Debtors

5

93,731

183,827

Cash at bank

131,937

3,454

226,918

188,531

CREDITORS

Amounts falling due within one year

6

(110,308

)

(114,292

)

NET CURRENT ASSETS

116,610

74,239

TOTAL ASSETS LESS CURRENT
LIABILITIES

137,081

120,145

CREDITORS

Amounts falling due after more than one
year

7

-

(8,266

)

NET ASSETS

137,081

111,879

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

10

137,079

111,877

SHAREHOLDERS' FUNDS

137,081

111,879

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 29 December 2025 and were signed by:

A J Kenny - Director

1.	STATUTORY INFORMATION

The London Embroidery Studio Ltd 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.

Improvements to property

-

20% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

20% on cost

Office equipment

-

50% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Office

property

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

4,706

226,525

9,800

4,716

245,747

DEPRECIATION

At 1 April 2024

4,706

180,879

9,540

4,716

199,841

Charge for year

-

25,175

260

-

25,435

At 31 March 2025

4,706

206,054

9,800

4,716

225,276

NET BOOK VALUE

At 31 March 2025

-

20,471

-

20,471

At 31 March 2024

-

45,646

260

-

45,906

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

88,731

171,157

Payments on account

-

12,670

Trade loan

5,000

-

93,731

183,827

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Bank loans and overdrafts (see note 8)

8,266

12,400

Other loans (see note 8)

58,810

52,700

Tax

13,385

4,010

Social security and other taxes

3,143

3,421

Pensions

1,588

774

VAT

23,053

8,558

Director's loan

-

366

Dividends payable

-

30,000

Accrued expenses

2,063

110,308

114,292

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/3/25

31/3/24

£

Bank loans (see note 8)

-

8,266

8.

LOANS

An analysis of the maturity of loans is given below:

31/3/25

31/3/24

£

Amounts falling due within one year or on demand:

Bank loans

8,266

12,400

Other loans

58,810

52,700

67,076

65,100

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

8,266

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

2

Ordinary

1.00

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

111,877

Profit for the year

25,202

At 31 March 2025

137,079

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Dataday Accountability

Accountants & Businees Consultants

2 Seabraes Lane

Dundee

Angus

DD1 4AB

29 December 2025