REGISTERED NUMBER: 08728676 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Lushington Lane Motors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Emmerson

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

08728676 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

88,991

65,404

CURRENT ASSETS

Stocks

5

13,073

12,334

Debtors

6

31,148

39,509

Cash at bank and in hand

46,691

34,888

90,912

86,731

CREDITORS

Amounts falling due within one year

7

143,553

111,278

NET CURRENT LIABILITIES

(52,641

)

(24,547

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,350

40,857

CREDITORS

Amounts falling due after more than one year

8

(2,199

)

(16,004

)

PROVISIONS FOR LIABILITIES

(7,519

)

(7,285

)

NET ASSETS

26,632

17,568

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

26,629

17,565

SHAREHOLDERS' FUNDS

26,632

17,568

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 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 10 January 2026 and were signed by:

M Emmerson - Director

1.	STATUTORY INFORMATION

Lushington Lane Motors 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.

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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% 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.

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.

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 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 September 2024

-

91,488

29,144

Additions

25,639

8,495

990

At 31 August 2025

25,639

99,983

30,134

DEPRECIATION

At 1 September 2024

-

40,418

20,660

Charge for year

427

10,666

1,862

At 31 August 2025

427

51,084

22,522

NET BOOK VALUE

At 31 August 2025

25,212

48,899

7,612

At 31 August 2024

-

51,070

8,484

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

3,900

6,057

130,589

Additions

2,000

1,081

38,205

At 31 August 2025

5,900

7,138

168,794

DEPRECIATION

At 1 September 2024

150

3,957

65,185

Charge for year

1,117

546

14,618

At 31 August 2025

1,267

4,503

79,803

NET BOOK VALUE

At 31 August 2025

4,633

2,635

88,991

At 31 August 2024

3,750

2,100

65,404

5.

STOCKS

31/8/25

31/8/24

£

£

Stocks

13,073

12,334

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade debtors

31,148

35,913

Directors' loan accounts

-

3,596

31,148

39,509

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans and overdrafts

55,502

31,122

Trade creditors

42,995

40,633

Tax

15,301

9,216

Social security and other taxes

7,562

5,072

VAT

14,683

23,533

Directors' loan accounts

4,460

-

Accrued expenses

3,050

1,702

143,553

111,278

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Other loans - 1-2 years

-

612

Loan Account

2,199

15,392

2,199

16,004

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31/8/25

31/8/24

£

£

M Emmerson

Balance outstanding at start of year

3,596

-

Amounts advanced

-

3,596

Amounts repaid

(3,596

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,596

At the balance sheet date, the directors loan account shown on the balance sheet has been loaned to the company for cash flow purposes. No interest has been charged for the loan and the loan is repayable on demand.