REGISTERED NUMBER: 11252611 (England and Wales)

LMR BUILDING SUPPLIES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTORS:

P D Londors

C B Matthews

S J Richards

D C Denton

REGISTERED OFFICE:

Finedon Sidings Industrial Estate

Furnace Lane

Finedon

Wellingborough

Northamptonshire

NN9 5NY

REGISTERED NUMBER:

11252611 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

4

733,342

809,656

CURRENT ASSETS

Stocks

765,558

626,523

Debtors

5

1,554,812

1,348,313

Cash at bank and in hand

714,059

752,789

3,034,429

2,727,625

CREDITORS

Amounts falling due within one year

6

1,954,876

1,753,221

NET CURRENT ASSETS

1,079,553

974,404

TOTAL ASSETS LESS CURRENT LIABILITIES

1,812,895

1,784,060

CREDITORS

Amounts falling due after more than one year

7

(472,462

)

(549,475

)

PROVISIONS FOR LIABILITIES

(179,972

)

(198,836

)

NET ASSETS

1,160,461

1,035,749

CAPITAL AND RESERVES

Called up share capital

9

40,080

40,080

Retained earnings

1,120,381

995,669

SHAREHOLDERS' FUNDS

1,160,461

1,035,749

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2026 and were signed on its behalf by:

P D Londors - Director

1.	STATUTORY INFORMATION

LMR Building Supplies 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 is recognised at the point goods are dispatched.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Invoice discounting

The company has entered into an arrangement to factor its trade debtors. The risks and rewards of ownership remain with the company and therefore amounts advanced by the factor are treated as a loan included within creditors due within one year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

700

33,941

1,263,674

1,298,315

Additions

-

2,400

243,589

245,989

Disposals

-

-

(274,585

)

(274,585

)

At 31 December 2025

700

36,341

1,232,678

1,269,719

DEPRECIATION

At 1 January 2025

576

22,103

465,980

488,659

Charge for year

31

3,560

178,925

182,516

Eliminated on disposal

-

-

(134,798

)

(134,798

)

At 31 December 2025

607

25,663

510,107

536,377

NET BOOK VALUE

At 31 December 2025

93

10,678

722,571

733,342

At 31 December 2024

124

11,838

797,694

809,656

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

1,001,969

Additions

243,589

Transfer to ownership

(133,475

)

At 31 December 2025

1,112,083

DEPRECIATION

At 1 January 2025

328,727

Charge for year

164,551

Transfer to ownership

(60,643

)

At 31 December 2025

432,635

NET BOOK VALUE

At 31 December 2025

679,448

At 31 December 2024

673,242

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,340,953

1,176,086

Other debtors

213,859

172,227

1,554,812

1,348,313

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

40,000

40,000

Hire purchase contracts (see note 8)

199,846

180,632

Trade creditors

1,462,916

1,219,635

Corporation tax

112,073

17,254

Social security and other taxes

19,626

17,338

VAT

19,130

98,954

Other creditors

619

-

Factoring account

-

9,739

Directors' current accounts

79,050

159,163

Accruals and deferred income

21,616

10,506

1,954,876

1,753,221

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

10,000

40,000

Bank loans - 2-5 years

-

10,000

Hire purchase contracts (see note 8)

462,462

499,475

472,462

549,475

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

199,846

180,632

Between one and five years

462,462

499,475

662,308

680,107

Non-cancellable

operating leases

2025

2024

£

£

Within one year

231,735

58,466

Between one and five years

895,900

207,760

In more than five years

257,821

220,833

1,385,456

487,059

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

40,080

Ordinary shares

£1

40,080

40,080