ACCOUNTS - Final Accounts preparation

Registered number: 12953272

LQD LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025


LQD LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


LQD LIMITED REGISTERED NUMBER:12953272

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		387		498
			387		498
Current assets
Debtors: amounts falling due within one year	5	44,216		44,942
Cash at bank and in hand		133,258		141,265
		177,474		186,207
Creditors: amounts falling due within one year	6	(38,774)		(33,107)
Net current assets			138,700		153,100
Total assets less current liabilities			139,087		153,598

Net assets			139,087		153,598

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		138,987	153,498
		139,087	153,598

Page 1


LQD LIMITED REGISTERED NUMBER:12953272

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A Cleare

Director

Date: 4 June 2026

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

Page 2


LQD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

LQD Limited is a limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, WD6 1JD.

The principal activity of the company is the provision of psychiatric services.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the compay in respect of amounts invoiced during the year, exclusive of Value Added Tax and trade discounts.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Office equipment

33%

straight line

2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 3


LQD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.8

Creditors

Short term creditors are measured at the transaction price.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 November 2024	2,970
	Additions	578
	At 31 October 2025	3,548
	Depreciation
	At 1 November 2024	2,472
	Charge for the year on owned assets	689
	At 31 October 2025	3,161
	Net book value
	At 31 October 2025	387
	At 31 October 2024	499

Page 4


LQD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	41,894	42,881
Prepayments and accrued income	2,322	2,061
	44,216	44,942

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	26,785	21,497
Other creditors	8,444	8,235
Accruals and deferred income	3,545	3,375
	38,774	33,107

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

90 (2024 - 90) Ordinary A shares of £1 each	90	90
5 (2024 - 5) Ordinary B shares of £1 each	5	5
5 (2024 - 5) Ordinary C shares of £1 each	5	5

	100	100

Page 5