REGISTERED NUMBER: 08711793 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

LVS Decorative Arts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss L Scolding

Mr N A Butcher

REGISTERED OFFICE:

Lewis Farm

Pettaugh Road

Stonham Aspal

STOWMARKET

Suffolk

IP14 6AU

REGISTERED NUMBER:

08711793 (England and Wales)

ACCOUNTANTS:

Turner & Ellerby

Chartered Certified Accountants

5 Church Street

Framlingham

Woodbridge

Suffolk

IP13 9BQ

FIXED ASSETS

Tangible assets

4

6,977

8,734

CURRENT ASSETS

Stocks

118,263

131,326

Debtors

5

1,718

-

Cash at bank

35,932

31,378

155,913

162,704

CREDITORS

Amounts falling due within one year

6

33,619

17,088

NET CURRENT ASSETS

122,294

145,616

TOTAL ASSETS LESS CURRENT LIABILITIES

129,271

154,350

PROVISIONS FOR LIABILITIES

7

1,326

1,659

NET ASSETS

127,945

152,691

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

127,845

152,591

SHAREHOLDERS' FUNDS

127,945

152,691

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 29 May 2026 and were signed on its behalf by:

Miss L Scolding - Director

1.	STATUTORY INFORMATION

LVS Decorative Arts 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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

2,637

3,152

48,524

54,313

DEPRECIATION

At 1 October 2024

2,444

2,729

40,406

45,579

Charge for year

48

85

1,624

1,757

At 30 September 2025

2,492

2,814

42,030

47,336

NET BOOK VALUE

At 30 September 2025

145

338

6,494

6,977

At 30 September 2024

193

423

8,118

8,734

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

1,718

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

-

4,382

VAT

19

706

Accruals and deferred income

32,400

10,800

Accrued expenses

1,200

1,200

33,619

17,088

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,326

1,659

Deferred

tax

£

Balance at 1 October 2024

1,659

Credit to Income Statement during year

(333

)

Balance at 30 September 2025

1,326