The Lamp Room Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08232567

The Lamp Room Limited

Filleted Unaudited Financial Statements

31 July 2025

The Lamp Room Limited

Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		151,534	172,660

Current assets

Debtors	6	213,052	247,143
Cash at bank and in hand		55,915	53,444
		---------	---------
		268,967	300,587

Creditors: amounts falling due within one year	7	171,033		241,499
		---------		---------
Net current assets			97,934	59,088
			---------	---------
Total assets less current liabilities			249,468	231,748

Creditors: amounts falling due after more than one year	8	96,703	138,088
		---------	---------
Net assets		152,765	93,660
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	152,665	93,560
	---------	--------
Shareholders funds	152,765	93,660
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Lamp Room Limited

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 9 October 2025 , and are signed on behalf of the board by:

Mrs M Wood
Director

Company registration number: 08232567

The Lamp Room Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 3, Theatre Corner Business Centre, 108B Newgate Street, Bishop Auckland, Co Durham, DL14 8EQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

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

Fixtures & Fittings	-	15% straight line
Motor Vehicles	-	25% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 27 (2024: 25 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 August 2024 and 31 July 2025	90,281	142,919	80,815	314,015
	--------	---------	--------	---------
Depreciation
At 1 August 2024	–	126,448	14,907	141,355
Charge for the year	–	5,922	15,204	21,126
	--------	---------	--------	---------
At 31 July 2025	–	132,370	30,111	162,481
	--------	---------	--------	---------
Carrying amount
At 31 July 2025	90,281	10,549	50,704	151,534
	--------	---------	--------	---------
At 31 July 2024	90,281	16,471	65,908	172,660
	--------	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Other debtors	213,052	247,143
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	22,564	22,293
Trade creditors	23,148	82,400
Corporation tax	–	22,757
Social security and other taxes	116,449	105,293
Other creditors - desc in a/cs	116	–
Other creditors	8,756	8,756
	---------	---------
	171,033	241,499
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	56,140	93,770
Other creditors	40,563	44,318
	--------	---------
	96,703	138,088
	--------	---------

9. Related party transactions

The company was under the control of Mr & Mrs Wood throughout the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.