Company Registration No. 06707724 (England and Wales)
LB Downes Limited
Unaudited accounts
for the year ended 31 August 2025
LB Downes Limited
Unaudited accounts
Contents
LB Downes Limited
Company Information
for the year ended 31 August 2025
Company Number
06707724 (England and Wales)
Registered Office
19 Woodlands Road
Stafford
ST16 1QR
Accountants
Paul Roscoe & Co
accountants & business advisers
Heath House
Cheadle Road
UTTOXETER
ST14 7BY
LB Downes Limited
Statement of financial position
as at 31 August 2025
Tangible assets
1,180
1,573
Cash at bank and in hand
2,599
3,223
Creditors: amounts falling due within one year
(7,003)
(3,288)
Net current (liabilities)/assets
(3,405)
110
Net (liabilities)/assets
(2,225)
1,683
Called up share capital
1
1
Profit and loss account
(2,226)
1,682
Shareholders' funds
(2,225)
1,683
For the year ending 31 August 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 May 2026 and were signed on its behalf by
L B Downes
Director
Company Registration No. 06707724
LB Downes Limited
Notes to the Accounts
for the year ended 31 August 2025
LB Downes Limited is a private company, limited by shares, registered in England and Wales, registration number 06707724. The registered office is 19 Woodlands Road, Stafford, ST16 1QR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
25% diminishing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2024
6,319
12,100
18,419
At 31 August 2025
6,319
12,100
18,419
At 1 September 2024
6,319
10,527
16,846
Charge for the year
-
393
393
At 31 August 2025
6,319
10,920
17,239
At 31 August 2025
-
1,180
1,180
At 31 August 2024
-
1,573
1,573
LB Downes Limited
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
936
Other creditors
6,528
1,184
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).