Lish & Associates Ltd

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Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—5

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lish & Associates Ltd for the year ended year which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of Lish & Associates Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lish & Associates Ltd and state those matters that we have agreed to state to the director of Lish & Associates Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Lish & Associates Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lish & Associates Ltd . You consider that Lish & Associates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lish & Associates Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ALP Accountancy Ltd

25th June 2026

ALP Accountancy Ltd

19 Beaufort Close

Lee-On-The-Solent

PO13 8FN

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Lish & Associates Ltd

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 13970075

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,779		3,756

			3,779		3,756
CURRENT ASSETS
Debtors	5	35,280		18,096
Cash at bank and in hand		14,808		23,700

		50,088		41,796
Creditors: Amounts Falling Due Within One Year	6	(35,309 )		(43,025 )

NET CURRENT ASSETS (LIABILITIES)			14,779		(1,229 )

TOTAL ASSETS LESS CURRENT LIABILITIES			18,558		2,527

NET ASSETS			18,558		2,527

CAPITAL AND RESERVES
Called up share capital	7		10		10
Profit and Loss Account			18,548		2,517

SHAREHOLDERS' FUNDS			18,558		2,527

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Lish & Associates Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jack Lish

Director

25th June 2026

The notes on pages 4 to 5 form part of these financial statements.

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Lish & Associates Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Lish & Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13970075 . The registered office is 12, Harvest Close, , Winchester, England, SO22 4DW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% RBM
Motor Vehicles	25% RBM
Fixtures & Fittings	25% RBM
Computer Equipment	25% RBM

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Lish & Associates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	-	315	1,191	2,832	4,338
Additions	516	-	-	499	1,015

As at 31 March 2026	516	315	1,191	3,331	5,353

Depreciation
As at 1 April 2025	-	20	149	413	582
Provided during the period	54	73	260	605	992

As at 31 March 2026	54	93	409	1,018	1,574

Net Book Value
As at 31 March 2026	462	222	782	2,313	3,779

As at 1 April 2025	-	295	1,042	2,419	3,756

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	35,040	5,616
Other debtors	240	12,480

	35,280	18,096

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	138	1,183
Corporation tax	13,288	15,751
VAT	4,194	12,413
Net wages	2,838	1,944
Other creditors	6,589	10,842
Director's loan account	8,262	892

	35,309	43,025

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10	10

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