REGISTERED NUMBER: 05549437 (England and Wales)

LHL Group Limited

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Hampshire

R Brasnett

D J Bower

SECRETARIES:

R J Hampshire

D J Bower

REGISTERED OFFICE:

Stanley Harrison House

The Chocolate Works

Bishopthorpe Road

York

YO23 1DE

REGISTERED NUMBER:

05549437 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

66,741

38,109

Investments

6

1,920

1,920

68,661

40,029

CURRENT ASSETS

Debtors

7

642,898

538,414

Cash at bank and in hand

1,284

166,880

644,182

705,294

CREDITORS

Amounts falling due within one year

8

566,063

589,907

NET CURRENT ASSETS

78,119

115,387

TOTAL ASSETS LESS CURRENT LIABILITIES

146,780

155,416

CREDITORS

Amounts falling due after more than one year

9

(30,448

)

(67,913

)

PROVISIONS FOR LIABILITIES

(7,287

)

(550

)

NET ASSETS

109,045

86,953

CAPITAL AND RESERVES

Called up share capital

12

1,068

1,578

Share premium

79,686

79,686

Capital redemption reserve

3,702

3,192

Retained earnings

24,589

2,497

109,045

86,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 22 June 2026 and were signed on its behalf by:

R J Hampshire - Director

1.	STATUTORY INFORMATION

LHL Group 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 on a going concern basis.

The financial statements have been prepared on a going concern basis. The directors have taken note of the guidance issued by the Financial Reporting Council on Going Concern Assessments in determining that this is the appropriate basis of preparation of the financial statements.

The financial statements have been prepared in sterling rounded to the nearest £1.

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

Preparation of consolidated financial statements

The financial statements contain information about LHL Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Turnover represents revenue earned under a wide variety of contracts to provide professional services. Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, including expenses and disbursements but excluding value added tax.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in the debtors as amounts recoverable on contract and payments on account in excess of the relevant amount of revenue are included in the creditors.

Fee income that is contingent on events outside the control of the company is recognised when the contingent event occurs.

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

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes those costs that are directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Leasehold improvements

- 15% straight line

Fixtures, fittings and equipment

- 15% straight line

Motor vehicles

- 25% straight line

Computer equipment

- 16-33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investments in subsidiaries

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of

interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the

assets of the company after deducting all of its liabilities.

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

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss as an expense in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

504,572

AMORTISATION

At 1 November 2024

and 31 October 2025

504,572

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

5,882

228,181

234,063

Additions

-

72,264

72,264

Disposals

-

(51,750

)

(51,750

)

At 31 October 2025

5,882

248,695

254,577

DEPRECIATION

At 1 November 2024

5,882

190,072

195,954

Charge for year

-

22,648

22,648

Eliminated on disposal

-

(30,766

)

(30,766

)

At 31 October 2025

5,882

181,954

187,836

NET BOOK VALUE

At 31 October 2025

-

66,741

66,741

At 31 October 2024

-

38,109

38,109

The net book value of plant and machinery etc includes £40,669 (2024 - £20,333) in respect of assets held under finance leases or hire purchase contracts. The depreciation charge in respect of such assets amounted to £14,278 (2024 - £4,692) for the year.

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

and 31 October 2025

1,920

NET BOOK VALUE

At 31 October 2025

1,920

At 31 October 2024

1,920

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

317,892

317,191

Amounts recoverable on contract

243,293

167,382

Other debtors

81,713

53,841

642,898

538,414

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

47,710

10,000

Hire purchase contracts (see note 10)

29,022

4,668

Trade creditors

68,274

34,180

Amounts owed to group undertakings

720

60,420

Taxation and social security

274,849

225,965

Other creditors

145,488

254,674

566,063

589,907

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,692

11,713

Hire purchase contracts (see note 10)

28,756

4,170

Other creditors

-

52,030

30,448

67,913

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

29,022

4,668

Between one and five years

28,756

4,170

57,778

8,838

Non-cancellable

operating leases

2025

2024

£

£

Within one year

27,951

82,843

Between one and five years

94,603

-

122,554

82,843

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

11,692

21,713

Hire purchase contracts

57,778

8,838

69,470

30,551

Bank loans are secured by the UK Government under the Coronavirus Business Bounce Back Loan Scheme.

Hire purchase liabilities are secured against the assets that they relate to.

12.	CALLED UP SHARE CAPITAL

Ordinary share capital allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

Value

£

£

204

Ordinary A

£1

204

204

510

Ordinary B

£1

510

510

204

Ordinary D

£1

-

204

204

Ordinary E

£1

204

204

150

Ordinary F

£1

150

150

306

Ordinary ZZ

£1

-

306

1,068

1,578

During the year, the Company purchased and immediately cancelled the below ordinary shares for total consideration of £80,000.

- 204 Ordinary D £1 shares

- 306 Ordinary ZZ £1shares

13.	PENSION COMMITMENTS

Employer contributions to defined contribution schemes for the year amounted to £29,514 (2024 £33,410). At 31 October there was £6,057 outstanding (2024 £6,720).