LMC Auto Services (Sussex) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09123246 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th September 2025

for

LMC AUTO SERVICES (SUSSEX) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L M Cripps

REGISTERED OFFICE:

38 Salisbury Road

Worthing

West Sussex

BN11 1RD

REGISTERED NUMBER:

09123246 (England and Wales)

ACCOUNTANTS:

Streets (Worthing) Limited

Chartered Accountants

38 Salisbury Road

Worthing

West Sussex

BN11 1RD

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

55,478

59,567

55,478

59,567

CURRENT ASSETS

Stocks

500

Debtors

6

78,123

40,216

Cash at bank and in hand

195,443

272,449

274,066

313,165

CREDITORS

Amounts falling due within one year

7

139,639

210,189

NET CURRENT ASSETS

134,427

102,976

TOTAL ASSETS LESS CURRENT
LIABILITIES

189,905

162,543

CREDITORS

Amounts falling due after more than one
year

8

29,390

27,974

NET ASSETS

160,515

134,569

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

160,315

134,369

SHAREHOLDERS' FUNDS

160,515

134,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 28th January 2026 and were signed by:

L M Cripps - Director

1.	STATUTORY INFORMATION

LMC Auto Services (Sussex) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, has been amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Short leasehold

-

over the term of the lease

Plant & machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st October 2024

and 30th September 2025

10,000

AMORTISATION

At 1st October 2024

and 30th September 2025

10,000

NET BOOK VALUE

At 30th September 2025

-

At 30th September 2024

-

5.	TANGIBLE FIXED ASSETS

Short

Plant &

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

COST

At 1st October 2024

3,000

59,773

70,500

10,143

143,416

Additions

-

5,560

6,000

-

11,560

At 30th September 2025

3,000

65,333

76,500

10,143

154,976

DEPRECIATION

At 1st October 2024

1,667

38,099

36,504

7,579

83,849

Charge for year

444

5,188

9,374

643

15,649

At 30th September 2025

2,111

43,287

45,878

8,222

99,498

NET BOOK VALUE

At 30th September 2025

889

22,046

30,622

1,921

55,478

At 30th September 2024

1,333

21,674

33,996

2,564

59,567

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

Plant &

Motor

machinery

vehicles

Totals

£

COST

At 1st October 2024

-

53,990

Additions

5,560

-

5,560

At 30th September 2025

5,560

53,990

59,550

DEPRECIATION

At 1st October 2024

-

22,777

Charge for year

695

7,803

8,498

At 30th September 2025

695

30,580

31,275

NET BOOK VALUE

At 30th September 2025

4,865

23,410

28,275

At 30th September 2024

-

31,213

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

5,711

13,025

Other debtors

15,000

-

Inter company account

27,191

Directors' current accounts

30,221

-

78,123

40,216

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

5,256

3,921

Trade creditors

56,145

69,790

Corporation tax reserve

29,649

32,223

PAYE & NIC control

9,235

27,814

VAT

35,586

21,888

Other creditors

798

955

Directors' current accounts

-

798

Accrued expenses

2,970

52,800

139,639

210,189

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

29,390

27,974

9.	OTHER FINANCIAL COMMITMENTS

The company had financial commitments not included in the financial statements which amount to £44,000 (2024 £72,000).

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2025 and 30th September 2024:

2025

2024

£

L M Cripps

Balance outstanding at start of year

(798

)

33,394

Amounts advanced

31,019

46,808

Amounts repaid

-

(81,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

30,221

(798

)

The overdrawn director's loan account was repaid after the balance sheet date.