REGISTERED NUMBER: 06258308 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

LONDON SOUTH EAST LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A Thomas

REGISTERED OFFICE:

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

BUSINESS ADDRESS:

7th Floor

Maitland House

Warrior Square

Southend on Sea

Essex

SS1 2JY

REGISTERED NUMBER:

06258308 (England and Wales)

ACCOUNTANTS:

A.R. Lee & Co.

Chartered Accountants

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

FIXED ASSETS

Intangible assets

4

3,898

14,805

Tangible assets

5

2,489

4,266

Investments

6

53,700

-

60,087

19,071

CURRENT ASSETS

Debtors

7

880,249

903,429

Investments

8

51,570

51,570

Cash at bank

5

5

931,824

955,004

CREDITORS

Amounts falling due within one year

9

477,900

387,268

NET CURRENT ASSETS

453,924

567,736

TOTAL ASSETS LESS CURRENT LIABILITIES

514,011

586,807

CREDITORS

Amounts falling due after more than one year

10

(252,082

)

(155,663

)

PROVISIONS FOR LIABILITIES

(473

)

(811

)

NET ASSETS

261,456

430,333

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

261,356

430,233

SHAREHOLDERS' FUNDS

261,456

430,333

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 30 May 2026 and were signed by:

P A Thomas - Director

1.	STATUTORY INFORMATION

London South East 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.

Turnover

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

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Development costs are being amortised evenly over their estimated useful life of three years.

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

-

25% on reducing balance

Computer equipment

-

50% on cost

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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Development

licences

costs

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

240,938

238,888

479,826

AMORTISATION

At 1 June 2024

226,133

238,888

465,021

Amortisation for year

10,907

-

10,907

At 31 May 2025

237,040

238,888

475,928

NET BOOK VALUE

At 31 May 2025

3,898

-

3,898

At 31 May 2024

14,805

-

14,805

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2024

1,997

153,946

155,943

Additions

-

354

354

At 31 May 2025

1,997

154,300

156,297

DEPRECIATION

At 1 June 2024

1,280

150,397

151,677

Charge for year

179

1,952

2,131

At 31 May 2025

1,459

152,349

153,808

NET BOOK VALUE

At 31 May 2025

538

1,951

2,489

At 31 May 2024

717

3,549

4,266

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

53,700

At 31 May 2025

53,700

NET BOOK VALUE

At 31 May 2025

53,700

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

62,095

53,578

Other debtors

818,154

849,851

880,249

903,429

8.	CURRENT ASSET INVESTMENTS

31.5.25

31.5.24

£

£

Unlisted investments

51,570

51,570

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

83,552

19,498

Trade creditors

322,485

248,247

Taxation and social security

10,218

63,353

Other creditors

61,645

56,170

477,900

387,268

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

1,697

12,115

Other creditors

250,385

143,548

252,082

155,663

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

50

A Ordinary

£1

50

50

50

B Ordinary

£1

50

50

100

100

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.5.25

31.5.24

£

£

P A Thomas

Balance outstanding at start of year

110,073

107,837

Amounts advanced

2,729

2,236

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

112,802

110,073

Loans to the director are repayable on demand.