REGISTERED NUMBER: 03776882 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Lanham and Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H C Lanham FCA

S J Wakefield FCA

A P Ireland FCCA

SECRETARY:

S J Wakefield FCA

REGISTERED OFFICE:

9 Great Chesterford Court

London Road

Great Chesterford

Essex

CB10 1PF

REGISTERED NUMBER:

03776882 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

1,000

Tangible assets

5

177,389

198,044

177,389

199,044

CURRENT ASSETS

Debtors

6

138,536

120,381

Cash at bank

128,241

158,018

266,777

278,399

CREDITORS

Amounts falling due within one year

7

146,023

118,173

NET CURRENT ASSETS

120,754

160,226

TOTAL ASSETS LESS CURRENT LIABILITIES

298,143

359,270

CREDITORS

Amounts falling due after more than one year

8

(29,634

)

(51,171

)

PROVISIONS FOR LIABILITIES

10

(14,971

)

(18,685

)

NET ASSETS

253,538

289,414

CAPITAL AND RESERVES

Called up share capital

11

11,673

11,673

Capital redemption reserve

175,008

175,008

Retained earnings

66,857

102,733

SHAREHOLDERS' FUNDS

253,538

289,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by:

S J Wakefield FCA - Director

1.	STATUTORY INFORMATION

Lanham and Company 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 and revenue recognition

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

Revenue from the supply of accountancy services is recognised when the service is performed and the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five 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.

Land and buildings

-

2.5% on cost

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance, 25% on cost, 20% on cost, 20% on reducing balance and 10% on cost

Financial instruments

Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classed as basic financial instruments and are initially measured at transaction price.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and short-term deposits with an original maturity date of three months or less.

Loans and borrowings are classified as basic financial instruments and are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument, unless exempt from such treatment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 8 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

207,000

AMORTISATION

At 1 April 2025

206,000

Charge for year

1,000

At 31 March 2026

207,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

1,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

187,841

173,971

361,812

Additions

-

5,539

5,539

Disposals

-

(10,940

)

(10,940

)

At 31 March 2026

187,841

168,570

356,411

DEPRECIATION

At 1 April 2025

68,056

95,712

163,768

Charge for year

3,596

22,598

26,194

Eliminated on disposal

-

(10,940

)

(10,940

)

At 31 March 2026

71,652

107,370

179,022

NET BOOK VALUE

At 31 March 2026

116,189

61,200

177,389

At 31 March 2025

119,785

78,259

198,044

Included in cost of land and buildings is freehold land of £ 44,000 (2025 - £ 44,000 ) which is not depreciated.

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

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

79,889

DEPRECIATION

At 1 April 2025

16,451

Charge for year

12,453

At 31 March 2026

28,904

NET BOOK VALUE

At 31 March 2026

50,985

At 31 March 2025

63,438

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

55,671

60,208

Amounts recoverable on contract

61,900

39,900

Other debtors

20,965

20,273

138,536

120,381

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 9)

21,537

9,959

Trade creditors

9,297

10,646

Taxation and social security

96,184

82,380

Other creditors

19,005

15,188

146,023

118,173

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 9)

29,634

51,171

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

21,537

9,959

Between one and five years

29,634

51,171

51,171

61,130

10.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

Accelerated capital allowances

14,971

18,685

Deferred

tax

£

Balance at 1 April 2025

18,685

Credit to Statement of Income and Retained Earnings during year

(3,714

)

Balance at 31 March 2026

14,971

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

1,081,698

"D" Ordinary

1p

10,817

10,817

85,602

"E" Ordinary

1p

856

856

11,673

11,673