REGISTERED NUMBER: 06299259 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

LMW Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Lane

J W Little

L D Hosemann

SECRETARY:

C F Welton

REGISTERED OFFICE:

LMW

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

REGISTERED NUMBER:

06299259 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

12,723

7,269

12,723

7,269

CURRENT ASSETS

Stocks

126,907

123,210

Debtors

6

234,886

230,761

Cash at bank

269,899

198,732

631,692

552,703

CREDITORS

Amounts falling due within one year

7

491,015

407,522

NET CURRENT ASSETS

140,677

145,181

TOTAL ASSETS LESS CURRENT LIABILITIES

153,400

152,450

PROVISIONS FOR LIABILITIES

9

2,650

1,700

NET ASSETS

150,750

150,750

CAPITAL AND RESERVES

Called up share capital

10

750

750

Capital redemption reserve

250

250

Retained earnings

149,750

149,750

SHAREHOLDERS' FUNDS

150,750

150,750

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 July 2026 and were signed on its behalf by:

M A Lane - Director

J W Little - Director

L D Hosemann - Director

1.	STATUTORY INFORMATION

LMW Limited 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 represents fees invoiced, excluding value added tax after adjusting for work in progress

Goodwill

Goodwill being the amount paid in connection with the acquisition of a business in 2011 has been amortised evenly over its estimated useful life of five 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.

Furniture and equipment

-

20% on cost

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at time spent less a suitable provision for irrecoverable time.

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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, adjusted for indexation where applicable.

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

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2025 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

1,000,000

AMORTISATION

At 1 May 2025

and 30 April 2026

1,000,000

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

-

5.	TANGIBLE FIXED ASSETS

Furniture

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 May 2025

30,561

66,366

96,927

Additions

15,751

-

15,751

At 30 April 2026

46,312

66,366

112,678

DEPRECIATION

At 1 May 2025

30,561

59,097

89,658

Charge for year

3,028

7,269

10,297

At 30 April 2026

33,589

66,366

99,955

NET BOOK VALUE

At 30 April 2026

12,723

-

12,723

At 30 April 2025

-

7,269

7,269

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

188,626

171,421

Other debtors

46,260

59,340

234,886

230,761

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade creditors

23,127

12,731

Taxation and social security

135,051

256,253

Other creditors

332,837

138,538

491,015

407,522

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.26

30.4.25

£

£

Within one year

52,500

52,500

Between one and five years

210,000

4,375

In more than five years

4,375

-

266,875

56,875

9.	PROVISIONS FOR LIABILITIES

30.4.26

30.4.25

£

£

Deferred tax

2,650

1,700

Deferred

tax

£

Balance at 1 May 2025

1,700

Provided during year

950

Balance at 30 April 2026

2,650

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

750

Share capital 1

£1

750

750