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Company Registration No. SC508363 (Scotland)
LAM Forestry Limited Unaudited accounts for the year ended 31 December 2025
LAM Forestry Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LAM Forestry Limited Company Information for the year ended 31 December 2025
Directors
Graham Lockhart Allen Amy Frances Allen
Company Number
SC508363 (Scotland)
Registered Office
5 GILLSLAND ROAD EDINBURGH EH10 5BW SCOTLAND
Accountants
Oak Team Associates Limited Clyde Offices 48 West George Street Glasgow G2 1BP
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LAM Forestry Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
30,407
13,058
Current assets
Cash at bank and in hand
38,190
36,688
Creditors: amounts falling due within one year
5
(13,650)
(12,156)
Net current assets
24,540
24,532
Total assets less current liabilities
54,947
37,590
Creditors: amounts falling due after more than one year
6
(21,645)
(5,250)
Net assets
33,302
32,340
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
33,300
32,338
Shareholders' funds
33,302
32,340
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2026 and were signed on its behalf by
Graham Lockhart Allen Director Company Registration No. SC508363
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LAM Forestry Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
LAM Forestry Limited is a private company, limited by shares, registered in Scotland, registration number SC508363. The registered office is 5 GILLSLAND ROAD, EDINBURGH, EH10 5BW, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on a straight line basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
12,995
10,270
23,265
Additions
46,595
-
46,595
Disposals
(25,590)
-
(25,590)
At 31 December 2025
34,000
10,270
44,270
Depreciation
At 1 January 2025
5,198
5,009
10,207
Charge for the year
6,800
2,054
8,854
On disposals
(5,198)
-
(5,198)
At 31 December 2025
6,800
7,063
13,863
Net book value
At 31 December 2025
27,200
3,207
30,407
At 31 December 2024
7,797
5,261
13,058
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LAM Forestry Limited Notes to the Accounts for the year ended 31 December 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,250
7,500
VAT
2,515
4,656
Obligations under finance leases and hire purchase contracts
6,660
-
Other creditors
225
-
13,650
12,156
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
5,250
Obligations under finance leases and hire purchase contracts
21,645
-
21,645
5,250
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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