Company Registration No. 13543328 (England and Wales)
L&S PREMIER LTD
Unaudited accounts
for the year ended 31 August 2025
L&S PREMIER LTD
Unaudited accounts
Contents
L&S PREMIER LTD
Company Information
for the year ended 31 August 2025
Director
Gary David Penkethman
Company Number
13543328 (England and Wales)
Registered Office
40 CORPORATION ROAD
AUDENSHAW
MANCHESTER
M34 5LP
ENGLAND
Accountants
Emerald Path Ltd
32 Frances Avenue
Gatley
Cheadle
Cheshire
SK8 4BJ
L&S PREMIER LTD
Statement of financial position
as at 31 August 2025
Tangible assets
4,657
3,772
Cash at bank and in hand
20,210
34,574
Creditors: amounts falling due within one year
(116,063)
(95,061)
Net current liabilities
(3,890)
(3,004)
Called up share capital
1
1
Profit and loss account
766
767
Shareholders' funds
767
768
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 29 May 2026 and were signed on its behalf by
Gary David Penkethman
Director
Company Registration No. 13543328
L&S PREMIER LTD
Notes to the Accounts
for the year ended 31 August 2025
L&S PREMIER LTD is a private company, limited by shares, registered in England and Wales, registration number 13543328. The registered office is 40 CORPORATION ROAD, AUDENSHAW, MANCHESTER, M34 5LP, ENGLAND.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Staright Line
Fixtures & fittings
20% Staright Line
Computer equipment
20% Staright Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
L&S PREMIER LTD
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
2,263
2,389
1,115
5,767
Additions
-
1,547
379
1,926
At 31 August 2025
2,263
3,936
1,494
7,693
At 1 September 2024
1,060
695
240
1,995
Charge for the year
453
418
170
1,041
At 31 August 2025
1,513
1,113
410
3,036
At 31 August 2025
750
2,823
1,084
4,657
At 31 August 2024
1,203
1,694
875
3,772
Amounts falling due within one year
Trade debtors
69,870
45,870
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
19,169
31,953
Loans from directors
87,900
53,717
7
Average number of employees
During the year the average number of employees was 3 (2024: 4).