REGISTERED NUMBER: 04573693 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Lonsdale Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Cook

Mr S P Hawker

Mr R J Porter

SECRETARY:

Accounting For You Limited

REGISTERED OFFICE:

3 Curo Park

Frogmore

St Albans

Hertfordshire

AL2 2DD

REGISTERED NUMBER:

04573693 (England and Wales)

ACCOUNTANTS:

Visionary Accountants

2 Adelaide Street

St Albans

Hertfordshire

AL3 5BH

FIXED ASSETS

Intangible assets

4

196,605

434,189

Tangible assets

5

14,397

11,960

211,002

446,149

CURRENT ASSETS

Debtors

6

533,271

781,049

Investments

7

1,342,112

1,262,092

Cash at bank

1,724,366

1,469,827

3,599,749

3,512,968

CREDITORS

Amounts falling due within one year

8

751,008

847,576

NET CURRENT ASSETS

2,848,741

2,665,392

TOTAL ASSETS LESS CURRENT LIABILITIES

3,059,743

3,111,541

PROVISIONS FOR LIABILITIES

2,254

1,557

NET ASSETS

3,057,489

3,109,984

CAPITAL AND RESERVES

Called up share capital

9

3,334

3,334

Capital redemption reserve

(1,005,626

)

(1,005,626

)

Retained earnings

4,059,781

4,112,276

SHAREHOLDERS' FUNDS

3,057,489

3,109,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2026 and were signed on its behalf by:

Mr S P Hawker - Director

1.	STATUTORY INFORMATION

Lonsdale Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of two years.

During the year ended 30 September 2024, the company reassessed the estimated useful economic life of the intellectual goodwill originally acquired in 2023. Based on updated assessments of the longevity of the acquired customer portfolios and shifting market dynamics, the directors determined that the remaining useful life should be shortened from 4 years to 2 years.This change in accounting estimate was applied prospectively from 1 October 2024. As a result, the amortisation charge for the current financial year has increased by £387,762, and the profit before tax for the year is lower by the same amount. The goodwil from the purchase in 2023 has been fully amortised at 30th September 2025. The carrying amount of the goodwill purchased in 2024 will be amortised evenly over the revised remaining useful life of 2 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant & Machinery

-

20%

Reducing balance

Furniture, Fixtures & Fittings

-

33%

Straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme in respect of the employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £41,650 (2024: £39,048).

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

1,113,782

Additions

393,209

At 30 September 2025

1,506,991

AMORTISATION

At 1 October 2024

679,593

Charge for year

630,793

At 30 September 2025

1,310,386

NET BOOK VALUE

At 30 September 2025

196,605

At 30 September 2024

434,189

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

75,891

Additions

9,730

At 30 September 2025

85,621

DEPRECIATION

At 1 October 2024

63,931

Charge for year

7,293

At 30 September 2025

71,224

NET BOOK VALUE

At 30 September 2025

14,397

At 30 September 2024

11,960

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

8,307

23,555

Other debtors

524,964

757,494

533,271

781,049

7.	CURRENT ASSET INVESTMENTS

30.9.25

30.9.24

£

£

Listed investments

1,342,112

1,262,092

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

274,537

243,106

Taxation and social security

261,852

124,951

Other creditors

214,619

479,519

751,008

847,576

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

2,000

A Ordinary

£1

2,000

2,000

1,334

B Ordinary

£1

1,334

1,334

3,334

3,334

In 2017 the company granted options of Ordinary A shares of £1 each. At the end of the year there were outstanding options of 588 Ordinary A shares of £1 (2024: £588). No options were exercised or lapsed during the year.

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the directors owed the company £64,923 (2024: £6,667 owed to directors). The loans are unsecured and repayable on demand. Interest has been charged at the ORI of 2.25% and 3.75%.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S P Hawker.