Lanigans Slater Street Ltd

Lanigans Slater Street Ltd
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	105,029	105,029
Tangible fixed assets	4	367,032	486,668
		472,061	591,697
Current assets
Stocks	5	44,600	43,100
Debtors	6	107,682	138,110
Cash at bank and in hand		19,852	13,898
		172,134	195,108
Creditors: amount falling due within one year	7	(710,801)	(734,983)
Net current assets		(538,667)	(539,875)

Total assets less current liabilities		(66,606)	51,822
Provisions for liabilities	8	(22,751)	(22,751)
Net assets		(89,357)	29,071

Capital and reserves
Called up share capital	9	99	99
Profit and loss account		(89,456)	28,972
Shareholders' funds		(89,357)	29,071

For the year ended 31 July 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 24 July 2026 and were signed on its behalf by:

-------------------------------
Wayne Fitzgerald
Director

Lanigans Slater Street Ltd
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

Lanigans Slater Street Ltd is a private company, limited by shares, registered in England and Wales, registration number 12679220, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

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

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

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:

Fixtures and Fittings

25% Reducing Balance

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.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 17 (2024 : 30).

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 August 2024	105,029	105,029
Additions	-	-
Disposals	-	-
At 31 July 2025	105,029	105,029
Net book values
At 31 July 2025	105,029	105,029
At 31 July 2024	105,029	105,029

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 August 2024	529,683	529,683
Additions	2,708	2,708
Disposals	-	-
At 31 July 2025	532,391	532,391
Depreciation
At 01 August 2024	43,015	43,015
Charge for year	122,344	122,344
On disposals	-	-
At 31 July 2025	165,359	165,359
Net book values
Closing balance as at 31 July 2025	367,032	367,032
Opening balance as at 01 August 2024	486,668	486,668

Stocks

	2025 £		2024 £
Stocks	44,600		43,100
	44,600		43,100

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	-	20,613
Other Debtors	107,682	117,497
	107,682	138,110

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	385,908	379,512
Bank Loans & Overdrafts	-	8,550
PAYE & Social Security	4,645	6,076
Accrued Expenses	2,640	2,640
Other Creditors	262,299	338,205
VAT	55,309	-
	710,801	734,983

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	22,751		22,751
	22,751		22,751

Share Capital

Authorised
99 Ordinary shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
99 Ordinary shares of £1.00 each	99		99
	99		99

Registered Number: 12679220
England and Wales
Filleted Accounts

for the year ended 31 July 2025
for
LANIGANS SLATER STREET LTD