LP Networks Ltd iXBRL

Company Registration Number: 05045158

LP Networks Ltd

Unaudited Financial Statements

for the financial year ended 31 December 2025

LP Networks Ltd

Company Registration Number: 05045158

STATEMENT OF FINANCIAL POSITION

as at 31 December 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

4,088

6,742

Financial assets

50,661

30,000

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Non-Current Assets

54,749

36,742

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Current Assets

Debtors

213,189

151,539

Cash and cash equivalents

257,597

336,868

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470,786

488,407

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Creditors: amounts falling due within one year

(122,947)

(106,272)

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Net Current Assets

347,839

382,135

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Total Assets less Current Liabilities

402,588

418,877

Provisions for liabilities

(955)

(1,506)

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Net Assets

401,633

417,371

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Capital and Reserves

Called up share capital

100

100

Retained earnings

401,533

417,271

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Equity attributable to owners of the company

401,633

417,371

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 30 July 2026



________________________________
Mr Lee Raymond Desmond Pepper
Director

LP Networks Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

LP Networks Ltd is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 05045158. The registered office of the company is 5 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD. Other information technology service activities. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in Sterling, which is the functional currency of the entity, and to the nearest ?1.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

25% Straight line

Fixtures, fittings and equipment

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Financial assets

Financial assets held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial year in which it is receivable.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Employees

The average monthly number of employees, including director, during the financial year was 8, (2024 - 9).


4.	Property, plant and equipment
		Plant and	Fixtures,	Total
		machinery	fittings and
			equipment
		£	£	£
	Cost
	At 1 January 2025	81,655	6,892	88,547
	Additions	1,583	-	1,583
		─────────	─────────	─────────
	At 31 December 2025	83,238	6,892	90,130
		─────────	─────────	─────────
	Depreciation
	At 1 January 2025	75,295	6,510	81,805
	Charge for the financial year	4,110	127	4,237
		─────────	─────────	─────────
	At 31 December 2025	79,405	6,637	86,042
		─────────	─────────	─────────
	Net book value
	At 31 December 2025	3,833	255	4,088
		═════════	═════════	═════════
	At 31 December 2024	6,360	382	6,742
		═════════	═════════	═════════


5.	Financial fixed assets
		Other	Total
		investments

	Investments	£	£
	Cost or Valuation
	At 1 January 2025	30,000	30,000
	Additions	30,000	30,000
	Revaluations	(9,339)	(9,339)
		─────────	─────────
	At 31 December 2025	50,661	50,661
		─────────	─────────
	Net book value
	At 31 December 2025	50,661	50,661
		═════════	═════════
	At 31 December 2024	30,000	30,000
		═════════	═════════


6.	Debtors	2025	2024
		£	£

	Trade debtors	192,896	140,740
	Other debtors	-	4,999
	Director's current account (Note 9)	17,000	-
	Prepayments and accrued income	3,293	5,800
		─────────	─────────
		213,189	151,539
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Trade creditors	27,298	38,520
	Taxation	80,152	52,651
	Other creditors	11,747	11,001
	Accruals	3,750	4,100
		─────────	─────────
		122,947	106,272
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2025

2024

At financial year start

1,506

1,506

1,392

Charged to profit and loss

(551)

(551)

114

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At financial year end

955

1,506

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Director's advances, credits and guarantees

Included in other debtors is £17,000 (2024: £Nil) owed from the company director in respect of his director's loan account. This loan is unsecured, interest free and repayable on demand.