Company Registration No. 11566240 (England and Wales)
LOCKSTONE LONDON LIMITED
Unaudited accounts
for the year ended 31 October 2025
LOCKSTONE LONDON LIMITED
Unaudited accounts
Contents
LOCKSTONE LONDON LIMITED
Company Information
for the year ended 31 October 2025
Company Number
11566240 (England and Wales)
Registered Office
5th Floor, 167-169 Great Portland Street
London
W1W 5PF
ENGLAND
Accountants
Insight Business Services Limited
20-22 Wenlock Road
London
N1 7GU
LOCKSTONE LONDON LIMITED
Statement of financial position
as at 31 October 2025
Tangible assets
96,153
46,567
Inventories
676,063
553,659
Cash at bank and in hand
395,348
214,795
Creditors: amounts falling due within one year
(322,256)
(197,577)
Net current assets
1,087,088
864,668
Total assets less current liabilities
1,183,241
911,235
Creditors: amounts falling due after more than one year
(7,070)
(14,505)
Net assets
1,176,171
896,730
Called up share capital
100
100
Profit and loss account
1,176,071
896,630
Shareholders' funds
1,176,171
896,730
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 June 2026 and were signed on its behalf by
SAM CAPEL LOXTON
Director
Company Registration No. 11566240
LOCKSTONE LONDON LIMITED
Notes to the Accounts
for the year ended 31 October 2025
LOCKSTONE LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11566240. The registered office is 5th Floor, 167-169 Great Portland Street, London, W1W 5PF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
4% Reducing Balance Basis
Plant & machinery
6% Reducing Balance Basis
Fixtures & fittings
20% Reducing Balance Basis
Computer equipment
5 Year Straight Line Basis
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The accounts have been prepared on a going concern basis.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
LOCKSTONE LONDON LIMITED
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2024
15,000
1,244
23,288
15,418
15,740
70,690
Additions
-
-
77,292
556
3,173
81,021
Disposals
-
-
(20,474)
-
-
(20,474)
At 31 October 2025
15,000
1,244
80,106
15,974
18,913
131,237
At 1 November 2024
2,769
440
2,711
9,230
8,973
24,123
Charge for the year
490
161
5,178
1,349
3,783
10,961
At 31 October 2025
3,259
601
7,889
10,579
12,756
35,084
At 31 October 2025
11,741
643
72,217
5,395
6,157
96,153
At 31 October 2024
12,231
804
20,577
6,188
6,767
46,567
Finished goods
676,063
553,659
The stock is valued at the lower of cost or selling price as at the year end date.
Amounts falling due within one year
Trade debtors
302,767
257,249
Accrued income and prepayments
-
10,850
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
194,130
148,219
Taxes and social security
125,597
49,208
LOCKSTONE LONDON LIMITED
Notes to the Accounts
for the year ended 31 October 2025
8
Creditors: amounts falling due after more than one year
2025
2024
The company has taken advantage under the amendments to FRS102 FRED67 to take an exemption from discounting on recognition of the loan at present value.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).