05752023falsesignage construction2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 05752023

Lakeside Signs Ltd

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

Staffer Mayled & Co Ltd

46-48

Station Road

Cardiff

CF14 5LU

Lakeside Signs Ltd

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DIRECTORS

Jackson Patrick Harris

REGISTERED OFFICE

46-48 Station Road

Llanishen

Cardiff

CF14 5LU

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 05752023

ACCOUNTANTS

Staffer Mayled & Co Ltd

46-48

Station Road

Cardiff

CF14 5LU

Lakeside Signs Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Lakeside Signs Ltd

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		2				32,654				29,352
Investment Assets		3				1,000				2,200
						33,654				31,552
CURRENT ASSETS
Stock				3,200				2,100
Debtors		5		797,470				782,998
Cash at bank and in hand				397,918				265,485
				1,198,588				1,050,583
CREDITORS: Amounts falling due within one year		6		688,274				692,643
NET CURRENT ASSETS						510,314				357,940
TOTAL ASSETS LESS CURRENT LIABILITIES						543,968				389,492
CREDITORS: Amounts falling due after more than one year		7				9,007				58,385
PROVISIONS FOR LIABILITIES AND CHARGES		9				10,539				9,493
NET ASSETS						524,422				321,614
CAPITAL AND RESERVES
Called up share capital		10				100				100
Profit and loss account						524,322				321,514
SHAREHOLDERS' FUNDS						524,422				321,614
For the year ending 31/03/2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/12/2025 and signed on their behalf by
.............................
Jackson Patrick Harris
Director

Lakeside Signs Ltd

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Long Leasehold Properties		reducing balance 15%
Plant and Machinery		reducing balance 25%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1e. Investments

Lakeside Signs Ltd

2. TANGIBLE FIXED ASSETS
		Long Leasehold		Plant and
		Properties		Machinery		Total
		£		£		£
Cost
At 01/04/2024		-		90,900		90,900
Additions		1,955		11,735		13,690
At 31/03/2025		1,955		102,635		104,590
Depreciation
At 01/04/2024		-		61,548		61,548
For the year		98		10,290		10,388
At 31/03/2025		98		71,838		71,936
Net Book Amounts
At 31/03/2025		1,857		30,797		32,654
At 31/03/2024		-		29,352		29,352

3. FINANCIAL ASSETS
		Loans		Total
		£		£
Cost
At 01/04/2024		2,200		2,200
Disposals		(1,200)		(1,200)
At 31/03/2025		1,000		1,000
Amortisation
Net Book Amounts
At 31/03/2025		1,000		1,000
At 31/03/2024		2,200		2,200

4. STOCK				2025		2024
				£		£
Stock comprises:
Stock				3,200		2,100
				3,200		2,100

Lakeside Signs Ltd

5. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				415,595		399,711
Salaries and wages control				-		372
Other debtors				82,226		82,226
Directors current account				299,649		300,689
				797,470		782,998

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
UK corporation tax				147,162		80,717
VAT				6,044		28,304
PAYE control				19,819		18,305
Bank Loan				56,874		56,874
Trade creditors				431,735		484,763
Accruals				26,640		23,680
				688,274		692,643

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Bank loans (unsecured) >1yr				9,007		58,385
				9,007		58,385
On the 13 May 2020 the company secured a Coronavirus business interruption loan of £177,000. There are no capital repayments for the first 12 months followed 60 monthly repayments of £2,950. Interest is charged at 3.99% per annum over the Bank of England Base Rate.On the 19 May 2020 the company secured a Coronavirus business interruption loan of £100,000. There are no capital repayments for the first 12 months followed 60 monthly repayments of £1,791.28 inclusive of interest charged at a fixed rate of 2% per annum.

8. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				16		16

Lakeside Signs Ltd

9. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Pensions				2,376		2,155
Deferred taxation				8,163		7,338
				10,539		9,493

10. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100

11. CONTROLLING PARTY

Are the directors and shareholders of the company