Lam Group Ltd - Accounts

Lam Group Ltd
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,464,968	2,450,523
		2,464,968	2,450,523
Current assets
Stocks	4	23,471	26,790
Debtors	5	237,808	123,524
Cash at bank and in hand		478,644	580,298
		739,923	730,612
Creditors: amount falling due within one year	6	(554,139)	(518,331)
Net current assets		185,784	212,281

Total assets less current liabilities		2,650,752	2,662,804
Creditors: amount falling due after more than one year	7	(1,976,271)	(2,005,979)
Net assets		674,481	656,825

Capital and reserves
Called up share capital	8	200,000	200,000
Profit and loss account		474,481	456,825
Shareholders' funds		674,481	656,825

For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 23 July 2026 and were signed on its behalf by:

-------------------------------
S Lam
Director

Lam Group Ltd
Notes to the Financial Statements
For the year ended 31 October 2025

General Information

Lam Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 09576157, registration address 8 Oaklands, Worcester, WR5 1SL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	0% Straight Line
Plant and Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance
Fixtures and Fittings	20% Reducing Balance
Improvements to property	10% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 58 (2024 : 66).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Improvements to property	Total
	£	£	£	£	£	£
At 01 November 2024	1,914,222	109,591	32,024	926,714	318,000	3,300,551
Additions	-	22,074	-	30,312	68,829	121,215
Disposals	-	-	-	-	-	-
At 31 October 2025	1,914,222	131,665	32,024	957,026	386,829	3,421,766
Depreciation
At 01 November 2024	-	54,046	14,006	627,834	142,513	838,399
Charge for year	-	19,257	4,505	61,731	32,906	118,399
On disposals	-	-	-	-	-	-
At 31 October 2025	-	73,303	18,511	689,565	175,419	956,798
Net book values
Closing balance as at 31 October 2025	1,914,222	58,362	13,513	267,461	211,410	2,464,968
Opening balance as at 01 November 2024	1,914,222	55,545	18,018	298,881	163,857	2,450,523

Stocks

	2025 £		2024 £
Stocks	23,471		26,790
	23,471		26,790

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	152,556	115,989
Other Debtors	85,252	7,535
	237,808	123,524

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	275,948	248,547
Bank Loans & Overdrafts	6,890	18,469
Taxation and Social Security	146,855	150,856
Obligations under HP/Financial Leases	20,503	3,890
Other Creditors	103,943	96,569
	554,139	518,331

Creditors: amount falling due after more than one year

	2025 £	2024 £
Obligations under HP/Financial Leases	0	20,503
Other Creditors	1,976,271	1,985,476
	1,976,271	2,005,979

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
200,000 Ordinary shares of £1.00 each	200,000		200,000
	200,000		200,000

Registered Number: 09576157
England and Wales
Unaudited Financial Statements

for the year ended 31 October 2025
for
LAM GROUP LTD