Company Registration No. 11561314 (England and Wales)
L.P. Drylining Ltd
Unaudited accounts
for the year ended 30 September 2025
L.P. Drylining Ltd
Unaudited accounts
Contents
L.P. Drylining Ltd
Company Information
for the year ended 30 September 2025
Directors
Lee Pickering
Gemma Smith
Company Number
11561314 (England and Wales)
Registered Office
112-113 High Street
LINCOLN
LN5 7PY
UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
L.P. Drylining Ltd
Statement of financial position
as at 30 September 2025
Tangible assets
12,534
16,712
Cash at bank and in hand
58,497
80,915
Creditors: amounts falling due within one year
(39,216)
(29,279)
Net current assets
53,864
67,672
Total assets less current liabilities
66,398
84,384
Creditors: amounts falling due after more than one year
(4,131)
(8,000)
Provisions for liabilities
Deferred tax
(5,097)
(5,097)
Called up share capital
100
100
Profit and loss account
57,070
71,187
Shareholders' funds
57,170
71,287
For the year ending 30 September 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 15 April 2026 and were signed on its behalf by
Gemma Smith
Director
Company Registration No. 11561314
L.P. Drylining Ltd
Notes to the Accounts
for the year ended 30 September 2025
L.P. Drylining Ltd is a private company, limited by shares, registered in England and Wales, registration number 11561314. The registered office is 112-113 High Street, LINCOLN, LN5 7PY, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
L.P. Drylining Ltd
Notes to the Accounts
for the year ended 30 September 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
1,246
29,250
200
30,696
At 30 September 2025
1,246
29,250
200
30,696
At 1 October 2024
1,023
12,796
165
13,984
Charge for the year
56
4,113
9
4,178
At 30 September 2025
1,079
16,909
174
18,162
At 30 September 2025
167
12,341
26
12,534
At 30 September 2024
223
16,454
35
16,712
Amounts falling due within one year
Other debtors
11,686
13,398
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,000
8,000
Taxes and social security
4,530
4,542
Loans from directors
224
1,623
Deferred income
25,085
13,398
7
Creditors: amounts falling due after more than one year
2025
2024
Taxes and social security
4,131
-
Prior Year corporation tax of some £4,131
Under the HMRC CIS (Construction Industry Scheme) corporation tax is deducted from the overpaid taxes with the balance refunded to the company.
As at Sept 2025 the company was still awaiting the refund from April 5th 2024
L.P. Drylining Ltd
Notes to the Accounts
for the year ended 30 September 2025
Allotted, called up and fully paid:
50 Ordinary shares - "A" of £1 each
50
50
50 Ordinary shares - "B" of £1 each
50
50
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).