Lorimer Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13824914 (England and Wales)

Financial Statements for the Year Ended 31 January 2025

for

Lorimer Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B Kapaj

REGISTERED OFFICE:

79 Hoole Street

Sheffield

S6 2WQ

REGISTERED NUMBER:

13824914 (England and Wales)

ACCOUNTANTS:

Hartrose Associates Ltd

61A Blagden Street

Sheffield

South Yorkshire

S2 5QS

FIXED ASSETS

Investment property

4

139,765

CURRENT ASSETS

Cash at bank

14,469

2,763

CREDITORS

Amounts falling due within one year

5

144,698

141,713

NET CURRENT LIABILITIES

(130,229

)

(138,950

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,536

815

RESERVES

Retained earnings

9,536

815

SHAREHOLDERS' FUNDS

9,536

815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2026 and were signed by:

B Kapaj - Director

1.	STATUTORY INFORMATION

Lorimer Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

139,765

NET BOOK VALUE

At 31 January 2025

139,765

At 31 January 2024

139,765

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Taxation and social security

3,185

200

Other creditors

141,513

144,698

141,713

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

B Kapaj

Balance outstanding at start of year

141,050

59,750

Amounts advanced

-

81,300

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

141,050

7.	ULTIMATE CONTROLLING PARTY

The controlling party is B Kapaj.