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REGISTERED NUMBER: NI048432 (Northern Ireland)














Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Lehding Services Design Ltd
Lehding Services Design Ltd (Registered number: NI048432)

Contents of the Financial Statements
for the Year Ended 31 October 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


Lehding Services Design Ltd (Registered number: NI048432)

Balance Sheet
31 October 2025

31/10/25 31/10/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,725 6,298
Investments 5 - 1
5,725 6,299

CURRENT ASSETS
Debtors 6 330,562 527,526
Cash at bank and in hand 240,729 276,794
571,291 804,320
CREDITORS
Amounts falling due within one year 7 232,129 349,912
NET CURRENT ASSETS 339,162 454,408
TOTAL ASSETS LESS CURRENT
LIABILITIES
344,887
460,707

CREDITORS
Amounts falling due after more than one
year
8
-
8,010
NET ASSETS 344,887 452,697

CAPITAL AND RESERVES
Called up share capital 34 34
Capital redemption reserve 66 66
Retained earnings 344,787 452,597
344,887 452,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

1 continued...
Lehding Services Design Ltd (Registered number: NI048432)

Balance Sheet - continued
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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2026 and were signed by:





T Lehd - Director


The notes form part of these financial statements

2
Lehding Services Design Ltd (Registered number: NI048432)

Notes to the Financial Statements
for the Year Ended 31 October 2025


1. STATUTORY INFORMATION

Lehding Services Design Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address are as below:

Registered number: NI048432

Registered office: Unit 10 10 Redlands Crescent
Larne
Co. Antrim
BT40 1FF

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 historical cost convention.

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 calculated so as to write off the cost of an asset, less its estimated residual value over the useful economic life of that asset as follows:

Fixtures & fittings - 20% straight line
Equipment - 25% reducing balance
Software - 25% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3 continued...
Lehding Services Design Ltd (Registered number: NI048432)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2025


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2024 65,242
Additions 1,335
At 31 October 2025 66,577
DEPRECIATION
At 1 November 2024 58,944
Charge for year 1,908
At 31 October 2025 60,852
NET BOOK VALUE
At 31 October 2025 5,725
At 31 October 2024 6,298

4 continued...
Lehding Services Design Ltd (Registered number: NI048432)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2025


5. FIXED ASSET INVESTMENTS
Shares in
subsidiary
£   
COST
At 1 November 2024 386,925
Disposals (386,925 )
At 31 October 2025 -
PROVISIONS
At 1 November 2024 386,924

Eliminated on disposal (386,924 )
At 31 October 2025 -
NET BOOK VALUE
At 31 October 2025 -
At 31 October 2024 1

Mep Services Management Limited was dissolved on 20 January 2026

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/25 31/10/24
£    £   
Trade debtors 314,137 514,788
Staff loans - 1,200
Prepayments 16,425 11,538
330,562 527,526

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/25 31/10/24
£    £   
Bank loans and overdrafts 8,004 12,000
Trade creditors 10,257 10,651
Taxation and social security 192,562 308,781
Other creditors 21,306 18,480
232,129 349,912

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/25 31/10/24
£    £   
Bank loans - 8,010

5 continued...
Lehding Services Design Ltd (Registered number: NI048432)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2025


9. SECURITY

By way of a share sale agreement dated 9 June 2022, the entirety of the shares in the company were sold to LSD EOT Limited as trustee of the Lehding Services Design Ltd Employee Ownership Trust.
The sale agreement includes a guarantee by the company to the seller covering payment of the sales consideration. Accordingly the seller has registered a fixed and floating charge over the company's assets as security for payment under the guarantee.

10. OTHER COMPREHENSIVE INCOME

Other comprehensive income as included in the statement of Changes in Equity on page 7 includes £300,000 Capital Contribution to Employee Ownership Trust for the year ended 31 October 2025 and £375,000 Capital Contribution to Employee Ownership Trust for the year ended 31 October 2024.

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