Ledmore Sussex Hospitality Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10748954

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		186,283		53,875
Tangible Assets	5		644,835		572,403

			831,118		626,278
CURRENT ASSETS
Stocks	6	1,500		1,500
Debtors	7	78,079		46,991
Cash at bank and in hand		14,105		43,390

		93,684		91,881
Creditors: Amounts Falling Due Within One Year	8	(194,382 )		(248,743 )

NET CURRENT ASSETS (LIABILITIES)			(100,698 )		(156,862 )

TOTAL ASSETS LESS CURRENT LIABILITIES			730,420		469,416

Creditors: Amounts Falling Due After More Than One Year	9		(2,831,607 )		(1,556,063 )

NET LIABILITIES			(2,101,187 )		(1,086,647 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(2,101,287 )		(1,086,747 )

SHAREHOLDERS' FUNDS			(2,101,187)		(1,086,647)

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Ledmore Sussex Hospitality Limited

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Lumsden

Director

29/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Ledmore Sussex Hospitality Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10748954 . The registered office is 6 Genesis Business Centre, Redkiln Way, Horsham, West Sussex, RH13 5QH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are design and consultancy fees. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	12.5% per annum
Fixtures & Fittings	4.0% per annum

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 16)

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Ledmore Sussex Hospitality Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 June 2024	55,165
Additions	140,889

As at 31 May 2025	196,054

Amortisation
As at 1 June 2024	1,290
Provided during the period	8,481

As at 31 May 2025	9,771

Net Book Value
As at 31 May 2025	186,283

As at 1 June 2024	53,875

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 June 2024	30,369	577,881	608,250
Additions	44,585	58,405	102,990

As at 31 May 2025	74,954	636,286	711,240

Depreciation
As at 1 June 2024	9,838	26,009	35,847
Provided during the period	5,787	24,771	30,558

As at 31 May 2025	15,625	50,780	66,405

Net Book Value
As at 31 May 2025	59,329	585,506	644,835

As at 1 June 2024	20,531	551,872	572,403

6. Stocks

	2025	2024
	£	£
Materials	1,500	1,500

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Ledmore Sussex Hospitality Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	15,898	-
Corporation tax recoverable assets	34,928	34,928
VAT	27,253	12,063

	78,079	46,991

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	137,737	146,279
Bank loans and overdrafts	14,032	16,795
Other taxes and social security	7,910	25,584
Net wages	31,124	57,235
Other creditors	3,579	2,850

	194,382	248,743

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,822	14,397
Other loans	2,826,785	1,541,666

	2,831,607	1,556,063

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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