REGISTERED NUMBER: 03719030 (England and Wales)

Financial Statements

for the Year Ended 28 February 2026

for

Liver Beds Warehouse Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D C Berwick

REGISTERED OFFICE:

Oriel House

2 - 8 Oriel Road

Bootle

Merseyside

L20 7EP

REGISTERED NUMBER:

03719030 (England and Wales)

ACCOUNTANTS:

DJH Business Advisers Ltd T/A SB&P

Oriel House

2-8 Oriel Road

Bootle

L20 7EP

BANKERS:

HSBC Bank plc

1 Chapel Avenue

Aintree

Liverpool

Merseyside

L9 2BZ

FIXED ASSETS

Tangible assets

4

2,214

2,952

CURRENT ASSETS

Stocks

33,000

16,250

Debtors

5

7,230

7,537

Cash at bank and in hand

22,389

18,741

62,619

42,528

CREDITORS

Amounts falling due within one year

6

76,572

70,624

NET CURRENT LIABILITIES

(13,953

)

(28,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,739

)

(25,144

)

CREDITORS

Amounts falling due after more than one year

7

-

(1,325

)

PROVISIONS FOR LIABILITIES

(554

)

(737

)

NET LIABILITIES

(12,293

)

(27,206

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(12,295

)

(27,208

)

SHAREHOLDERS' FUNDS

(12,293

)

(27,206

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 May 2026 and were signed by:

D C Berwick - Director

1.	STATUTORY INFORMATION

Liver Beds Warehouse 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.

The company relies upon the support of its suppliers to meet its day to day working capital requirements. No adjustments have been made to reflect the position if such support were to be withdrawn. This support is expected to continue for the foreseeable future.

Turnover

Turnover represents the value of goods sold during the period. Turnover is recognised at the point of sale.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings

- 25% on reducing balance

Motor vehicles

- 25% on reducing balance

Computer Equipment

- 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2025

and 28 February 2026

20,822

18,000

2,301

41,123

DEPRECIATION

At 1 March 2025

20,726

16,048

1,397

38,171

Charge for year

24

488

226

738

At 28 February 2026

20,750

16,536

1,623

38,909

NET BOOK VALUE

At 28 February 2026

72

1,464

678

2,214

At 28 February 2025

96

1,952

904

2,952

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

2,738

720

Prepayments

4,492

6,817

7,230

7,537

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

25,215

23,331

Trade creditors

9,358

8,051

Tax

24,090

23,873

Social security and other taxes

133

154

Pensions

18

-

VAT

7,323

8,466

Other creditors

89

(1,458

)

Directors' current accounts

2,431

120

Accrued expenses

7,915

8,087

76,572

70,624

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans - 1-2 years

-

1,325