REGISTERED NUMBER: 09721532 (England and Wales)

BAMSE LARS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Dean

Mrs H C Dean

REGISTERED OFFICE:

20 Balsall Street East

Balsall Common

Coventry

CV7 7FR

REGISTERED NUMBER:

09721532 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Tangible assets

4

726

313

Investment property

5

300,000

300,000

300,726

300,313

CURRENT ASSETS

Debtors

6

23,133

11,902

Cash at bank

28

266

23,161

12,168

CREDITORS

Amounts falling due within one year

7

30,620

28,022

NET CURRENT LIABILITIES

(7,459

)

(15,854

)

TOTAL ASSETS LESS CURRENT LIABILITIES

293,267

284,459

CREDITORS

Amounts falling due after more than one year

8

(23,439

)

(23,650

)

PROVISIONS FOR LIABILITIES

(74,665

)

(74,666

)

NET ASSETS

195,163

186,143

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

224,003

224,003

Retained earnings

(28,940

)

(37,960

)

SHAREHOLDERS' FUNDS

195,163

186,143

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 May 2026 and were signed on its behalf by:

A M Dean - Director

1.	STATUTORY INFORMATION

Bamse Lars Ltd 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods

Turnover

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

Rental income is recognised on a straight line basis over the course of the lease.

Tangible fixed assets

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

Computer equipment

-

25% on 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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2024

2,932

Additions

688

At 31 August 2025

3,620

DEPRECIATION

At 1 September 2024

2,619

Charge for year

275

At 31 August 2025

2,894

NET BOOK VALUE

At 31 August 2025

726

At 31 August 2024

313

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

300,000

NET BOOK VALUE

At 31 August 2025

300,000

At 31 August 2024

300,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2024

298,671

Cost

1,329

300,000

The fair value of the investment property at 31 August 2025 was determined by the director, based on market activity.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade debtors

-

2,507

Other debtors

23,133

9,395

23,133

11,902

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans and overdrafts

5,625

8,600

Trade creditors

19,480

17,000

Taxation and social security

3,715

922

Other creditors

1,800

1,500

30,620

28,022

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans

23,439

23,650

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31/8/25

31/8/24

£

£

A M Dean and Mrs H C Dean

Balance outstanding at start of year

6,738

23,330

Amounts advanced

17,296

6,738

Amounts repaid

(6,738

)

-

Amounts written off

-

-

Amounts waived

-

(23,330

)

Balance outstanding at end of year

17,296

6,738