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Company Registration No. 09557876 (England and Wales)
LCS Energy Ltd Unaudited Financial Statements for the year ended 31 July 2025
LCS Energy Ltd Unaudited Financial Statements Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
LCS Energy Ltd Company Information for the year ended 31 July 2025
Directors
James Martin Gareth Stephens
Company Number
09557876 (England and Wales)
Registered Office
UNIT 11 HARVARD INDUSTRIAL ESTATE KIMBOLTON HUNTINGDON PE28 0NJ ENGLAND
Accountants
Infinity Accounting Ltd Eventus Sunderland Road Market Deeping Peterborough PE6 8FD
- 3 -
LCS Energy Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
57,805
67,733
Current assets
Inventories
11,000
11,000
Debtors
5
356,765
461,593
Cash at bank and in hand
900,160
551,641
1,267,925
1,024,234
Creditors: amounts falling due within one year
6
(485,709)
(260,209)
Net current assets
782,216
764,025
Total assets less current liabilities
840,021
831,758
Creditors: amounts falling due after more than one year
7
(23,322)
(45,321)
Provisions for liabilities
Deferred tax
(6,326)
(11,491)
Net assets
810,373
774,946
Capital and reserves
Called up share capital
8
205
205
Profit and loss account
810,168
774,741
Shareholders' funds
810,373
774,946
For the year ending 31 July 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
James Martin Director Company Registration No. 09557876
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LCS Energy Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
LCS Energy Ltd is a private company, limited by shares, registered in England and Wales, registration number 09557876. The registered office is UNIT 11 HARVARD INDUSTRIAL ESTATE, KIMBOLTON, HUNTINGDON, PE28 0NJ, ENGLAND.
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.
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:
Plant & machinery
25% on reducing balance
Motor vehicles
20% on reducing balance
Computer equipment
25% on reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Deferred taxation
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.
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LCS Energy Ltd Notes to the Accounts for the year ended 31 July 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
53,485
37,705
24,808
115,998
Additions
-
6,999
-
6,999
At 31 July 2025
53,485
44,704
24,808
122,997
Depreciation
At 1 August 2024
15,799
14,225
18,241
48,265
Charge for the year
9,422
5,863
1,642
16,927
At 31 July 2025
25,221
20,088
19,883
65,192
Net book value
At 31 July 2025
28,264
24,616
4,925
57,805
At 31 July 2024
37,686
23,480
6,567
67,733
2025
2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
-
11,598
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
22,289
34,414
Trade debtors
308,247
408,831
Accrued income and prepayments
11,680
12,008
Other debtors
4,549
6,340
346,765
461,593
Amounts falling due after more than one year
Other debtors
10,000
-
- 6 -
LCS Energy Ltd Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,333
10,035
Obligations under finance leases and hire purchase contracts
3,624
3,624
Trade creditors
276,766
167,001
Taxes and social security
196,543
75,683
Other creditors
139
358
Loans from directors
304
304
Accruals
-
3,204
485,709
260,209
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
8,374
Obligations under finance leases and hire purchase contracts
3,322
6,947
Other creditors
20,000
30,000
23,322
45,321
Warranty provision is made for estimated warranty claims in respect of products sold which are still under warranty at the end of the reporting period.
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary of £0.10 each
100
100
500 Ordinary B of £0.10 each
50
50
500 Ordinary C of £0.10 each
50
50
50 Ordinary G of £0.10 each
5
5
205
205
9
Transactions with related parties
Included in other creditors is an amount owed to Mr G Stephens, director, of £152 (2024: £152). This loan is interest free and repayable on demand. Included in other creditors is an amount owed to Mr J Martin, director, of £152 (2024: £152). This loan is interest free and repayable on demand. During the year, rent was charged at market rate by Jagen Holdings Limited, a company owned by Mr J Martin, director, totalling £15,990. During the year, rent was charged at market rate by Stephen 39 Investments Limited, a company owned by Mr G Stephens, director, totalling £15,990.
10
Controlling party
The controlling parties are Jagen Holdings Limited and Stephens 39 Investments Limited, by virtue of the ownership of issued ordinary share capital.
- 7 -
LCS Energy Ltd Notes to the Accounts for the year ended 31 July 2025
11
Average number of employees
During the year the average number of employees was 24 (2024: 24).
- 8 -