Registration number: 00466736

Lewis & Kaye (Hire) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Lewis & Kaye (Hire) Limited

Company Information

Directors

Mr M Farley Mrs FP Farley Butterfield Mrs LA Farley

Company secretary

Mrs LA Farley

Registered office

1-21 Brunel Road London W3 7XR

Accountants

Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Lewis & Kaye (Hire) Limited

(Registration number: 00466736)
Balance Sheet as at 31 December 2025

	Note	2025 £	(As restated) 2024 £
Fixed assets
Tangible assets	4	453,869	478,584
Current assets
Debtors	5	2,459,196	2,380,691
Cash at bank and in hand		35,772	48,470
		2,494,968	2,429,161
Creditors: Amounts falling due within one year	6	(24,820)	(24,622)
Net current assets		2,470,148	2,404,539
Total assets less current liabilities		2,924,017	2,883,123
Provisions for liabilities		(113,467)	(119,646)
Net assets		2,810,550	2,763,477
Capital and reserves
Called up share capital		1,300	1,300
Other reserves		378,635	378,635
Retained earnings		2,430,615	2,383,542
Shareholders' funds		2,810,550	2,763,477

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 June 2026 and signed on its behalf by:
 

......................................... Mr M Farley Director

Lewis & Kaye (Hire) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1-21 Brunel Road
London
W3 7XR
England

These financial statements were authorised for issue by the Board on 3 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Lewis & Kaye (Hire) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	5% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Lewis & Kaye (Hire) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 January 2025	744,003	744,003
Disposals	(2,300)	(2,300)
At 31 December 2025	741,703	741,703
Depreciation
At 1 January 2025	265,419	265,419
Charge for the year	23,814	23,814
Eliminated on disposal	(1,399)	(1,399)
At 31 December 2025	287,834	287,834
Carrying amount
At 31 December 2025	453,869	453,869
At 31 December 2024	478,584	478,584

Revaluation

The fair value of the company's Asset for Hire was revalued on 1 April 2016 by an independent valuer.
The assets for hire were valued on an open market basis. The name and qualification of the independent valuer are The Auction Room.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £19,817 (2024 - £19,817).

5

Debtors

Lewis & Kaye (Hire) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Current	Note	2025 £	2024 £
Trade debtors		15,075	18,107
Amounts owed by related parties	7	2,439,518	2,361,316
Other debtors		4,603	1,268
		2,459,196	2,380,691

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7	-	3,028
Taxation and social security		21,870	18,844
Accruals and deferred income		2,950	2,750
		24,820	24,622

7	Related party transactions

Summary of transactions with parent

Classical & Contemporary Art Hire Limited, the parent company The company pays management fees of £240,000 (2024 : £240,000) which are included in the balance of the interest free loan.
The loan is repayable on demand and has a balance at the year end of £2,439,518 (2024 : £2,361,316).

8	Parent and ultimate parent undertaking

The company's immediate parent is Classical & Contemporary Art Hire Ltd, incorporated in England and Wales.

 The ultimate controlling party is M Farley.