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Registration number: 03191266

Larkhall Fine Art Limited
Unaudited Filleted Financial Statements
for the Period from 1 October 2025 to 31 December 2025

Larkhall Fine Art Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Larkhall Fine Art Limited

Company Information

Director | L Lott

Registered office | 61 Bridge Street Kingston HR5 3DJ

Accountants | Ardmore Accountancy Limited Chartered Certified AccountantsSuite 2 Jupiter Business Suites 30a Packhorse Road Gerrards Cross Buckinghamshire SL9 7DA

Larkhall Fine Art Limited

(Registration number: 03191266)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 2,457 | 2,558
Current assets |  |  |
Stocks | 5 | 194,018 | 190,280
Debtors | 6 | - | 1,276
Cash at bank and in hand |  | 2,684 | 1,508
|  | 196,702 | 193,064
Creditors: Amounts falling due within one year | 7 | (65,714) | (62,463)
Net current assets |  | 130,988 | 130,601
Total assets less current liabilities |  | 133,445 | 133,159
Provisions for liabilities |  | (465) | (485)
Net assets |  | 132,980 | 132,674
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | 132,978 | 132,672
Shareholders' funds |  | 132,980 | 132,674

For the financial period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 June 2026

L Lott Director |  |

Larkhall Fine Art Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2025 to 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
61 Bridge Street
Kingston
HR5 3DJ

These financial statements were authorised for issue by the director on 6 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Larkhall Fine Art Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2025 to 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% reducing balance basis
Fixtures and fittings | 15% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

Larkhall Fine Art Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2025 to 31 December 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2025 - 1).

Larkhall Fine Art Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2025 to 31 December 2025

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 October 2025 | 44,539 | 8,995 | 53,534
At 31 December 2025 | 44,539 | 8,995 | 53,534
Depreciation
At 1 October 2025 | 42,353 | 8,623 | 50,976
Charge for the period | 82 | 19 | 101
At 31 December 2025 | 42,435 | 8,642 | 51,077
Carrying amount
At 31 December 2025 | 2,104 | 353 | 2,457
At 30 September 2025 | 2,186 | 372 | 2,558

5 | Stocks

| 2025 £ | 2025 £
Other inventories | 194,018 | 190,280

6 | Debtors

Current | 2025 £ | 2025 £
Trade debtors | - | 1,219
Other debtors | - | 57
| - | 1,276

Larkhall Fine Art Limited

Notes to the Unaudited Financial Statements for the Period from 1 October 2025 to 31 December 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 8 | 1,451 | 2,201
Trade creditors |  | 800 | -
Amounts owed to related parties |  | 62,476 | 59,268
Taxation and social security |  | 462 | 94
Accruals and deferred income |  | 525 | 900
|  | 65,714 | 62,463

Loans and borrowings represents a bank overdraft that is secured by a fixed and floating charge over the company assets.

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2025 £
Bank overdrafts | 1,451 | 2,201