LADEAN Limited

Report and Accounts

31 March 2026

Registered number

09423832

LADEAN Limited
Registered number:		09423832
Balance Sheet
as at 31 March 2026


Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		-			1,055
Tangible assets	4		239,854			240,313
			239,854			241,368

Current assets
Debtors	5	59,612			105,145
Cash at bank and in hand		19,434			10,924
		79,046			116,069

Creditors: amounts falling due within one year	6	(139,104)			(134,983)

Net current liabilities			(60,058)			(18,914)

Total assets less current liabilities			179,796			222,454

Creditors: amounts falling due after more than one year	7		(157,391)			(187,123)

Provisions for liabilities			(15,091)			(8,014)

Net assets			7,314			27,317

Capital and reserves
Called up share capital			100			100
Profit and loss account			7,214			27,217

Shareholders' funds			7,314			27,317

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Mr L A Dean
Director
Approved by the board on 28 April 2026

LADEAN Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					2		1


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2025							124,050
	At 31 March 2026							124,050

	Amortisation
	At 1 April 2025							122,995
	Provided during the year							1,055
	At 31 March 2026							124,050

	Net book value
	At 31 March 2026							-
	At 31 March 2025							1,055

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Fixtures and fittings		Total
£			£		£		£
	Cost
	At 1 April 2025	162,945		95,654		27,920		286,519
	Additions	16,545		2,852		-		19,397
	At 31 March 2026	179,490		98,506		27,920		305,916

	Depreciation
	At 1 April 2025	-		27,573		18,633		46,206
	Charge for the year	-		17,684		2,172		19,856
	At 31 March 2026	-		45,257		20,805		66,062

	Net book value
	At 31 March 2026	179,490		53,249		7,115		239,854
	At 31 March 2025	162,945		68,081		9,287		240,313


5	Debtors					2026		2025
£							£

	Trade debtors					38,858		84,884
	Accrued income					17,172		15,564
	Prepayments					3,582		3,332
	Other debtors					-		1,365
						59,612		105,145


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					8,882		4,598
	Obligations under finance lease and hire purchase contracts					10,628		10,628
	Trade creditors					12,041		13,339
	Corporation tax					12,007		-
	Accruals					11,941		15,339
	Pensions					1,056		1,056
	Other taxes and social security costs					82,345		90,023
	Other creditors					204		-
						139,104		134,983


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					16,666		17,666
	Directors loan					109,522		127,625
	Obligations under finance lease and hire purchase contracts					31,203		41,832
						157,391		187,123


8	Other information

	LADEAN Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Ty Isaf
	Llandderfel
	Bala
	Gwynedd
	LL23 7HY