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Registration number: 00803038

Long Bros (Leicester) Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Long Bros (Leicester) Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Long Bros (Leicester) Limited

Company Information

Directors | C. G. Long J. G. Long

Registered office | Westwood House 78 Loughborough Road Quorn Loughborough Leicestershire LE12 8DX

Accountants | Robert Whowell & Partners LLP Chartered AccountantsWestwood House 78 Loughborough Road Quorn Loughborough Leicestershire LE12 8DX

Long Bros (Leicester) Limited

(Registration number: 00803038)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 29,140 | 50,321
Current assets |  |  |
Stocks | 5 | 493,092 | 11,675
Debtors | 6 | 235,585 | 340,093
Cash at bank and in hand |  | 43,434 | 2,144
|  | 772,111 | 353,912
Creditors: Amounts falling due within one year | 7 | (697,716) | (259,811)
Net current assets |  | 74,395 | 94,101
Total assets less current liabilities |  | 103,535 | 144,422
Creditors: Amounts falling due after more than one year | 7 | (6,693) | (31,326)
Net assets |  | 96,842 | 113,096
Capital and reserves |  |  |
Called up share capital | 8 | 1,530 | 1,530
Capital redemption reserve |  | 70 | 70
Retained earnings |  | 95,242 | 111,496
Shareholders' funds |  | 96,842 | 113,096

Long Bros (Leicester) Limited

(Registration number: 00803038)
Balance Sheet as at 30 April 2025

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 December 2025 and signed on its behalf by:

......................................... C. G. Long Director

Long Bros (Leicester) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Westwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

These financial statements were authorised for issue by the Board on 23 December 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Long Bros (Leicester) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold improvements | Over 6 years
Fixtures, fittings and equipment | 15% reducing balance
Motor vehicles | 20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the trade debtors.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in the profit and loss account.

Long Bros (Leicester) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated over the useful life of the asset. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Long Bros (Leicester) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Long Bros (Leicester) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Leasehold improvements £ | Fixtures, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 May 2024 | 27,500 | 181,978 | 49,445 | 258,923
Additions | - | 691 | - | 691
Disposals | - | - | (19,695) | (19,695)
At 30 April 2025 | 27,500 | 182,669 | 29,750 | 239,919
Depreciation
At 1 May 2024 | 9,180 | 177,817 | 21,605 | 208,602
Charge for the year | 4,590 | 862 | 3,810 | 9,262
Eliminated on disposal | - | - | (7,085) | (7,085)
At 30 April 2025 | 13,770 | 178,679 | 18,330 | 210,779
Carrying amount
At 30 April 2025 | 13,730 | 3,990 | 11,420 | 29,140
At 30 April 2024 | 18,320 | 4,161 | 27,840 | 50,321

5 | Stocks

| 2025 £ | 2024 £
Work in progress | 485,442 | 4,025
Finished goods and goods for resale | 7,650 | 7,650
| 493,092 | 11,675

Long Bros (Leicester) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 10 | 229,476 | 334,236
Prepayments |  | 1,691 | 628
Other debtors |  | 4,418 | 5,229
|  | 235,585 | 340,093

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 460,434 | 19,044
Trade creditors |  | 32,867 | 16,484
Taxation and social security |  | 1,719 | 3,541
Accruals and deferred income |  | 3,500 | 30,783
Other creditors |  | 199,196 | 189,959
|  | 697,716 | 259,811

Creditors include bank loans and net obligations under hire purchase contracts which are secured of £240,184 (2024 - £9,294).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 6,693 | 31,326

Creditors include net obligations under hire purchase contracts which are secured of £1,339 (2024 - £15,228).

Long Bros (Leicester) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1,530 | 1,530 | 1,530 | 1,530

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 5,354 | 16,098
Hire purchase contracts | 1,339 | 15,228
| 6,693 | 31,326

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 245,079 | 9,750
Hire purchase contracts | 5,355 | 9,294
Other borrowings | 210,000 | -
| 460,434 | 19,044

10 | Related party transactions

Summary of transactions with all entities with joint control or significant interest

At the year end a company under common control owed Long Bros (Leicester) Limited £222,661 (2024 - £222,881). At the year end of the company under common control, 31 March 2024, there was a balance sheet deficiency amounting to £222,661 (2024 - £222,861).
At the year end an associated company owed Long Brothers (Leicester) Limited £6,815 (2024 - £111,375).
During the year the directors received dividends amounting to £1,000 (2024 - £2,000).