LC Plant Services Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10895552

LC Plant Services Ltd

Filleted unaudited financial statements

30 September 2025

LC Plant Services Ltd

Statement of financial position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		343,489		325,073

Current assets

Debtors	6	164,282	191,767
Cash at bank and in hand		80,728	144,014
		---------	---------
		245,010	335,781

Creditors: amounts falling due within one year	7	89,797		359,042
		---------		---------
Net current assets/(liabilities)			155,213		( 23,261)
			---------		---------
Total assets less current liabilities			498,702		301,812

Creditors: amounts falling due after more than one year	8		220,045		–

Provisions

Taxation including deferred tax	9,506	–
	---------	---------
Net assets	269,151	301,812
	---------	---------

Capital and reserves

Called up share capital	5	2
Profit and loss account	269,146	301,810
	---------	---------
Shareholders funds	269,151	301,812
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30th September 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

LC Plant Services Ltd

Statement of financial position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

Mr L E Clark	Mrs S E Clark
Director	Director

Company registration number: 10895552

LC Plant Services Ltd

Notes to the financial statements

Year ended 30th September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Kershaw Lane, Knottingley, WF11 0PG, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue is recognised once the value of the transaction can be reliably measured and the significant risks and rewards of ownership of the goods have transferred.

Income tax

Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset is realised.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	Straight line over the remaining life of lease
Plant and machinery	-	25% straight line
Motor vehicles	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Basic financial instruments are recognised at amortised cost. The company holds the following financial assets and liabilities: Cash Short-term trade and other debtors and creditors Cash in the balance sheet comprises cash at bank. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 8 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1st October 2024	298,583	43,029	70,265	411,877
Additions	–	–	47,694	47,694
Disposals	–	–	( 21,500)	( 21,500)
	---------	--------	--------	---------
At 30th September 2025	298,583	43,029	96,459	438,071
	---------	--------	--------	---------
Depreciation
At 1st October 2024	3,177	35,340	48,287	86,804
Charge for the year	3,176	4,337	21,765	29,278
Disposals	–	–	( 21,500)	( 21,500)
	---------	--------	--------	---------
At 30th September 2025	6,353	39,677	48,552	94,582
	---------	--------	--------	---------
Carrying amount
At 30th September 2025	292,230	3,352	47,907	343,489
	---------	--------	--------	---------
At 30th September 2024	295,406	7,689	21,978	325,073
	---------	--------	--------	---------

The leashold property is held under lease on a peppercorn rent basis, due to expire 18th December 2117.

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30th September 2025	35,771
	--------
At 30th September 2024	–
	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	127,349	121,035
Other debtors	36,933	70,732
	---------	---------
	164,282	191,767
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	14,550	265,335
Trade creditors	36,406	17,142
Corporation tax	5,188	42,841
Social security and other taxes	17,210	28,311
Other creditors	16,443	5,413
	--------	---------
	89,797	359,042
	--------	---------

In December 2024 a loan agreement was signed to secure finance of £225,000 to refinance the purchase of the leasehold property. As of 30th September 2025, all of the loan had been drawn down. The loan is subject to an interest charge of 2.35% per annum over base rate and is repayable 180 months from the date of the initial drawdown. The loan is currently being repaid in monthly instalments of £1,966 including interest. The security for the loan is a charge on the leasehold property and a company debenture.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	203,947	–
Other creditors	16,098	–
	---------	--------
	220,045	–
	---------	--------

In January 2025 a hire purchase agreement was signed to secure finance of £35,255 towards the purchase of a motor vehicle. The hire purchase agreement is repayable by 36 monthly instalments of £1,037 and the security for the loan is the vehicle concerned.

9. Directors' advances, credits and guarantees

The joint Directors' loan account became overdrawn by £4,702 in July 2025 and was overdrawn to the extent of £6,164 as of 30th September 2025. The loan was repaid in December 2025. No interest was charged on the overdrawn balance.

10. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
SLI Properties Ltd	40,000	34	28,434	68,434
	--------	--------	--------	--------

Two of the company directors are also directors of SLI Properties Ltd with which the company operates a loan account. The loan is interest free and repayable on demand. As of 30th September 2025 the outstanding balance owed by SLI Properties on the loan was £28,434 (2024 - £68,434).