REGISTERED NUMBER: 01223982 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

LAZDAN BUILDERS MERCHANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J M Zsiboras-Hammond

N K Hammond

REGISTERED OFFICE:

Second Floor South

The Fitted Rigging House

Anchor Wharf, The Historic Dockyard

Chatham

Kent

ME4 4TZ

REGISTERED NUMBER:

01223982 (England and Wales)

ACCOUNTANTS:

Carleys

Second Floor South

The Fitted Rigging House

The Historic Dockyard

Chatham

Kent

ME4 4TZ

BANKERS:

HSBC Bank Plc

84 New Road

Gravesend

Kent

DA11 0AS

FIXED ASSETS

Tangible assets

4

12,426

20,118

Investments

5

102

2

Investment property

6

1,490,000

1,490,000

1,502,528

1,510,120

CURRENT ASSETS

Debtors

7

513,326

712,332

Cash at bank and in hand

212,931

19,971

726,257

732,303

CREDITORS

Amounts falling due within one year

8

789,209

663,842

NET CURRENT (LIABILITIES)/ASSETS

(62,952

)

68,461

TOTAL ASSETS LESS CURRENT LIABILITIES

1,439,576

1,578,581

CREDITORS

Amounts falling due after more than one year

9

(204,667

)

(215,063

)

PROVISIONS FOR LIABILITIES

(180,447

)

(182,370

)

NET ASSETS

1,054,462

1,181,148

CAPITAL AND RESERVES

Called up share capital

11

217

217

Share premium

16,983

16,983

Fair value reserve

660,705

660,705

Retained earnings

376,557

503,243

SHAREHOLDERS' FUNDS

1,054,462

1,181,148

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by:

N K Hammond - Director

1.	STATUTORY INFORMATION

Lazdan Builders Merchants 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax and is recognised at the point of sale.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Government grants

Grant income is recognised using the actual model in the period in which it becomes receivable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

37,600

Additions

357

Disposals

(1,250

)

At 31 July 2025

36,707

DEPRECIATION

At 1 August 2024

17,482

Charge for year

7,737

Eliminated on disposal

(938

)

At 31 July 2025

24,281

NET BOOK VALUE

At 31 July 2025

12,426

At 31 July 2024

20,118

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2024

2

Additions

100

At 31 July 2025

102

NET BOOK VALUE

At 31 July 2025

102

At 31 July 2024

2

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

1,490,000

NET BOOK VALUE

At 31 July 2025

1,490,000

At 31 July 2024

1,490,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2022

651,836

Valuation in 2023

186,210

Cost

651,954

1,490,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

651,954

651,954

Investment properties were valued on a fair value basis on 31 July 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

510,267

883

Amounts recoverable on contract

-

710,000

Other debtors

3,059

1,449

513,326

712,332

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

517,776

10,159

Trade creditors

190

(89

)

Other creditors

271,243

653,772

789,209

663,842

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

204,667

215,063

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalments

201,130

201,105

201,130

201,105

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

722,443

225,222

Other loans

-

220,000

722,443

445,222

The bank loans and overdraft are secured by fixed and floating charges over the assets of the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

117

Ordinary A

£1

117

117

75

Ordinary B

£1

75

75

25

Ordinary C

£1

25

25

217

217