REGISTERED NUMBER: 12444621 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

L & S Engineering Ltd

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

7

Directors:

S J Oliver

G L Oliver

Registered office:

Kellett Gate

Spalding

Lincolnshire

PE12 6EH

Registered number:

12444621 (England and Wales)

Accountants:

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

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 Statement of financial position. 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 L & S Engineering Ltd for the year ended 30 April 2026 which comprise the Income statement, Statement of financial position 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 L & S Engineering Ltd, as a body, in accordance with the terms of our engagement letter dated 10 June 2026. Our work has been undertaken solely to prepare for your approval the financial statements of L & S Engineering Ltd and state those matters that we have agreed to state to the Board of Directors of L & S Engineering Ltd, 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 L & S Engineering Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that L & S Engineering 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 L & S Engineering Ltd. You consider that L & S Engineering 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 L & S Engineering 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.

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

19 August 2026

Fixed assets

Investments

5

1,128,386

1,128,386

Current assets

Debtors

6

236

13,284

Cash at bank

57,607

19,345

57,843

32,629

Creditors

Amounts falling due within one year

7

179,277

168,540

Net current liabilities

(121,434

)

(135,911

)

Total assets less current liabilities

1,006,952

992,475

Creditors

Amounts falling due after more than one year

8

225,265

250,000

Net assets

781,687

742,475

Capital and reserves

Called up share capital

11

100

100

Retained earnings

781,587

742,375

Shareholders' funds

781,687

742,475

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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

G L Oliver - Director

1.	Statutory information

L & S Engineering 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	Employees and directors

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

5.	Fixed asset investments

Unlisted

investments

£

Cost

At 1 May 2025

and 30 April 2026

1,128,386

Net book value

At 30 April 2026

1,128,386

At 30 April 2025

1,128,386

6.

Debtors: amounts falling due within one year

2026

2025

£

£

VAT

236

13,284

7.

Creditors: amounts falling due within one year

2026

2025

£

£

Bank loans and overdrafts (see note 9)

52,724

38,789

Amounts owed to group undertakings

106,752

100,000

Corporation tax

19,519

27,044

Directors' current accounts

273

1,057

Accruals and deferred income

9

1,650

179,277

168,540

8.

Creditors: amounts falling due after more than one year

2026

2025

£

£

Bank loans (see note 9)

225,265

250,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

14,368

-

9.

Loans

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

52,724

38,789

Amounts falling due between two and five years:

Bank loans - 2-5 years

210,897

250,000

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

14,368

-

10.	Secured debts

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

277,989

288,789

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100