LBS ENTERPRISES LIMITED


Directors	BUCK, Ryan Llewellyn
	HALLIWELL, Lawrence
	SOUTER, Gina Valerie
	SOUTER, Simon Lee


Company Secretary	HALLIWELL, Lawrence


Registered Address	Unit 9a Water Lane Trading Estate Water Lane
	Storrington
	Pulborough
	RH20 3EA


Registered Number	04058809 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		309,573		406,843
			309,573		406,843
Current assets
Stocks		135,000		185,000
Debtors		280,465		558,453
Cash at bank and on hand		68,473		14,287
		483,938		757,740
Creditors amounts falling due within one year	5	(704,082)		(745,754)
Net current assets (liabilities)			(220,144)		11,986
Total assets less current liabilities			89,429		418,829
Creditors amounts falling due after one year			(213,358)		(179,954)
Net assets			(123,929)		238,875
Capital and reserves
Called up share capital			134		100
Profit and loss account			(124,063)		238,775
Shareholders' funds			(123,929)		238,875

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 13 May 2026, and are signed on its behalf by:

BUCK, Ryan Llewellyn
Director

HALLIWELL, Lawrence
Director

SOUTER, Simon Lee
Director

Registered Company No. 04058809

LBS ENTERPRISES LIMITED

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	15		15

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 September 24	300,000
	At 31 August 25	300,000
	Amortisation and impairment
	At 01 September 24	300,000
	At 31 August 25	300,000
	Net book value
	At 31 August 25	-
	At 31 August 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 September 24	1,294,890
	Additions	4,441
	At 31 August 25	1,299,331
	Depreciation and impairment
	At 01 September 24	888,047
	Charge for year	101,711
	At 31 August 25	989,758
	Net book value
	At 31 August 25	309,573
	At 31 August 24	406,843

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	294,915	560,348
Bank borrowings and overdrafts	32,012	32,518
Taxation and social security	81,901	18,155
Finance lease and HP contracts	142,999	71,995
Other creditors	83,570	62,738
Accrued liabilities and deferred income	68,685	-
Total	704,082	745,754


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	350,580		214,161