REGISTERED NUMBER: 05444816 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 December 2025

for

Lombard Express Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

A J Dawkins

D J Dawkins

REGISTERED OFFICE:

Charnwood House

Harcourt Way

Meridian Business Park

Leicestershire

LE19 1WP

REGISTERED NUMBER:

05444816 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lombard Express Limited for the year ended 31 December 2025 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Lombard Express Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lombard Express Limited and state those matters that we have agreed to state to the Board of Directors of Lombard Express Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lombard Express Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lombard Express Limited 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 Lombard Express Limited. You consider that Lombard Express Limited 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 Lombard Express Limited. 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.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

4 August 2026

FIXED ASSETS

Tangible assets

4

286,373

345,158

CURRENT ASSETS

Debtors

5

2,122,781

2,140,394

Cash at bank and in hand

159,277

148,755

2,282,058

2,289,149

CREDITORS

Amounts falling due within one year

6

1,546,182

1,457,671

NET CURRENT ASSETS

735,876

831,478

TOTAL ASSETS LESS CURRENT LIABILITIES

1,022,249

1,176,636

CREDITORS

Amounts falling due after more than one year

7

(75,248

)

(94,806

)

PROVISIONS FOR LIABILITIES

(69,503

)

(83,067

)

NET ASSETS

877,498

998,763

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

877,398

998,663

SHAREHOLDERS' FUNDS

877,498

998,763

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

D J Dawkins - Director

1.	STATUTORY INFORMATION

Lombard Express 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 the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% reducing balance

Fixtures and fittings

-

25% reducing balance

Motor vehicles

-

25% reducing balance and 10% on cost

Taxation

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

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

84,625

252,202

820,125

1,156,952

Additions

-

39,570

-

39,570

Disposals

(14,331

)

-

(89,763

)

(104,094

)

At 31 December 2025

70,294

291,772

730,362

1,092,428

DEPRECIATION

At 1 January 2025

66,663

143,991

601,140

811,794

Charge for year

5,105

36,953

54,286

96,344

Eliminated on disposal

(14,172

)

-

(87,911

)

(102,083

)

At 31 December 2025

57,596

180,944

567,515

806,055

NET BOOK VALUE

At 31 December 2025

12,698

110,828

162,847

286,373

At 31 December 2024

17,962

108,211

218,985

345,158

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

1,240,986

1,243,761

Other debtors

100,249

109,636

Partnership loan

187,430

135,254

Directors' current accounts

576,309

598,250

Prepayments and accrued income

17,807

53,493

2,122,781

2,140,394

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

43,132

43,132

Trade creditors

304,550

313,753

Factoring account

775,723

681,860

Corporation tax

207,189

139,835

Social security and other taxes

21,004

27,248

VAT

103,107

142,559

Other creditors

19,745

-

Accruals and deferred income

71,732

109,284

1,546,182

1,457,671

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

75,248

94,806

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

118,380

137,938

Factoring account

775,723

681,860

894,103

819,798

The hire purchase liability secured on the assets to which it relates.

The factoring account is secured by a fixed and floating charge over the assets and goodwill of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

10.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £1,178,901 (2024: £1,618,900).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

A J Dawkins and D J Dawkins

Balance outstanding at start of year

598,250

112,508

Amounts advanced

673,970

1,235,742

Amounts repaid

(695,911

)

(750,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

576,309

598,250

The loan is interest free and repayable on demand.