REGISTERED NUMBER: 05343711 (England and Wales)

LIGHTHOUSE CLAIMS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 29 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Ippocratous

Mr A Ippocratous

SECRETARY:

Mr C Ippocratous

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

05343711 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Tangible assets

4

449,883

154,265

CURRENT ASSETS

Debtors

5

912,421

1,424,889

Cash at bank and in hand

2,167

1,170

914,588

1,426,059

CREDITORS

Amounts falling due within one year

6

470,042

512,481

NET CURRENT ASSETS

444,546

913,578

TOTAL ASSETS LESS CURRENT LIABILITIES

894,429

1,067,843

CREDITORS

Amounts falling due after more than one year

7

(192,853

)

(113,722

)

PROVISIONS FOR LIABILITIES

(112,471

)

-

NET ASSETS

589,105

954,121

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8

589,103

954,119

SHAREHOLDERS' FUNDS

589,105

954,121

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 March 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 24 June 2026 and were signed on its behalf by:

Mr C Ippocratous - Director

1.	STATUTORY INFORMATION

Lighthouse Claims Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

-

15,846

427,844

47,096

490,786

Additions

447,991

-

-

-

447,991

Disposals

(13,738

)

-

-

-

(13,738

)

Reclassification/transfer

427,844

-

(427,844

)

-

-

At 29 March 2025

862,097

15,846

-

47,096

925,039

DEPRECIATION

At 1 April 2024

-

14,690

276,437

45,394

336,521

Charge for period

149,247

289

-

426

149,962

Eliminated on disposal

(11,327

)

-

-

-

(11,327

)

Reclassification/transfer

276,437

-

(276,437

)

-

-

At 29 March 2025

414,357

14,979

-

45,820

475,156

NET BOOK VALUE

At 29 March 2025

447,740

867

-

1,276

449,883

At 31 March 2024

-

1,156

151,407

1,702

154,265

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

Additions

279,991

Reclassification/transfer

227,836

At 29 March 2025

507,827

DEPRECIATION

Charge for period

100,255

Reclassification/transfer

106,809

At 29 March 2025

207,064

NET BOOK VALUE

At 29 March 2025

300,763

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.25

31.3.24

£

£

Trade debtors

879,199

1,379,297

Other debtors

33,222

45,592

912,421

1,424,889

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

72,620

37,679

Trade creditors

1,542

-

Amounts owed to associates

133,451

132,981

Taxation and social security

164,455

305,767

Other creditors

87,974

26,054

470,042

512,481

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.3.25

31.3.24

£

£

Bank loans

2,501

12,501

Hire purchase contracts

190,352

101,221

192,853

113,722

8.

RESERVES

Retained

earnings

£

At 1 April 2024

954,119

Deficit for the period

(364,016

)

Dividends

(1,000

)

At 29 March 2025

589,103