REGISTERED NUMBER: 13237809 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Lillys P & H Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

Mr M C Lilly

Registered office:

6 George Street

Driffield

East Yorkshire

YO25 6RA

Registered number:

13237809 (England and Wales)

Accountants:

Ullyott Limited

6 George Street

Driffield

East Yorkshire

YO25 6RA

FIXED ASSETS

Intangible assets

4

6,000

7,200

Tangible assets

5

55,865

35,165

Investments

6

725

35,192

62,590

77,557

CURRENT ASSETS

Debtors

7

24,003

13,363

Cash at bank

20,413

15,106

44,416

28,469

CREDITORS

Amounts falling due within one year

8

77,584

73,563

NET CURRENT LIABILITIES

(33,168

)

(45,094

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,422

32,463

CREDITORS

Amounts falling due after more than one year

9

(17,133

)

(21,431

)

PROVISIONS FOR LIABILITIES

10

(8,334

)

(2,747

)

NET ASSETS

3,955

8,285

CAPITAL AND RESERVES

Called up share capital

11

135

135

Retained earnings

3,820

8,150

SHAREHOLDERS' FUNDS

3,955

8,285

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

Mr M C Lilly - Director

1.	STATUTORY INFORMATION

Lillys P & H Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Motor vehicles

-

25% on reducing balance and 20% on cost

Computer equipment

-

33% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

12,000

AMORTISATION

At 1 April 2025

4,800

Charge for year

1,200

At 31 March 2026

6,000

NET BOOK VALUE

At 31 March 2026

6,000

At 31 March 2025

7,200

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

48,669

2,389

51,058

Additions

31,000

500

31,500

At 31 March 2026

79,669

2,889

82,558

DEPRECIATION

At 1 April 2025

14,669

1,224

15,893

Charge for year

10,416

384

10,800

At 31 March 2026

25,085

1,608

26,693

NET BOOK VALUE

At 31 March 2026

54,584

1,281

55,865

At 31 March 2025

34,000

1,165

35,165

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

32,237

DEPRECIATION

At 1 April 2025

8,059

Charge for year

2,149

At 31 March 2026

10,208

NET BOOK VALUE

At 31 March 2026

22,029

At 31 March 2025

24,178

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

35,192

Disposals

(34,467

)

At 31 March 2026

725

NET BOOK VALUE

At 31 March 2026

725

At 31 March 2025

35,192

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

24,003

11,153

Prepayments and accrued income

-

2,210

24,003

13,363

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

21,444

-

Other loans

7,200

18,186

Finance leases

4,298

4,298

Trade creditors

2,793

1,643

Corporation tax

10,110

21,150

Social security and other taxes

837

-

VAT

11,621

6,974

Other creditors

5,272

-

Directors' current accounts

12,102

19,352

Accruals and deferred income

1,907

1,960

77,584

73,563

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Finance leases

17,133

21,431

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

8,334

2,747

Deferred

tax

£

Balance at 1 April 2025

2,747

Provided during year

5,587

Balance at 31 March 2026

8,334

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

1

Ordinary A

1

1

1

34

Ordinary B

1

34

34

135

135

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M C Lilly.