Company registration number: 07826482
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
LMP & Sons Ltd
Pages for filing with the Registrar
LMP & Sons Ltd
Chartered Certified Accountants’ Report to the Director for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LMP & Sons Ltd for the year ended 31 October 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given us.
As a member firm of the Association of Chartered Certified Accountants (ACCA), we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.
This report is made solely to the Director of LMP & Sons Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of LMP & Sons Ltd and state those matters that we have agreed to state to them in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LMP & Sons Ltd and its Director for our work, or for this report.
It is your duty to ensure that LMP & Sons Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of LMP & Sons Ltd. You consider that LMP & Sons Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of LMP & Sons Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Argon & Krypton Consulting
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ
United Kingdom
Date: 24 July 2026
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Company registration number: 07826482
LMP & Sons Ltd
Balance sheet
as at 31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 951,000 415,539
951,000 415,539
Current assets
Cash at bank and in hand 245,274 182,595
245,274 182,595
Creditors: amounts falling due within one year
(19,305) (18,204)
Net current assets 225,969 164,391
Total assets less current liabilities 1,176,969 579,930
Creditors: Amounts falling due after more than one year
5 (1,052,842) (517,381)
Accruals and deferred income (51,500) (10,500)
NET ASSETS 72,627 52,049
Capital and reserves
Called up share capital 100 100
Profit and loss account 72,527 51,949
TOTAL EQUITY 72,627 52,049
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
2
Company registration number: 07826482
LMP & Sons Ltd
Balance sheet - continued
as at 31 October 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr P Bahra, Director
24 July 2026
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LMP & Sons Ltd
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
LMP & Sons Ltd is a private company registered in England and Wales. Its registered number is 07826482. The company is limited by shares. Its registered office is 360 Fencepiece Road, Chigwell, Essex, IG7 5DY.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 1% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
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LMP & Sons Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
4 Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2024 415,539
Additions 535,461
At 31 October 2025 951,000
Depreciation
At 31 October 2025 -
Net book value
At 31 October 2025 951,000
At 31 October 2024 415,539
5 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
2025 2024
£ £
Repayable otherwise than by instalments
Other loans 1,052,842 517,381
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