Foster Lomas Architects Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11674624

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		279,889		321,847

			279,889		321,847
CURRENT ASSETS
Stocks	5	150,000		150,000
Debtors	6	1,556,557		1,692,065
Cash at bank and in hand		12,718		79,947

		1,719,275		1,922,012
Creditors: Amounts Falling Due Within One Year	7	(175,105 )		(276,825 )

NET CURRENT ASSETS (LIABILITIES)			1,544,170		1,645,187

TOTAL ASSETS LESS CURRENT LIABILITIES			1,824,059		1,967,034

Creditors: Amounts Falling Due After More Than One Year	8		(6,133 )		(16,423 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,267 )		(9,590 )

NET ASSETS			1,814,659		1,941,021

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			1,814,657		1,941,019

SHAREHOLDERS' FUNDS			1,814,659		1,941,021

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Foster Lomas Architects Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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 Gregory Lomas

Director

08/06/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Foster Lomas Architects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11674624 . The registered office is 6 Bluelion Place, 237 Long Lane, London, SE1 4PU.

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:

Freehold	5%
Motor Vehicles	33%
Fixtures & Fittings	33%
Computer Equipment	33%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Foster Lomas Architects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 19)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 December 2024	333,509	8,362	64,670	87,103	493,644
Additions	-	-	1,166	-	1,166

As at 30 November 2025	333,509	8,362	65,836	87,103	494,810

Depreciation
As at 1 December 2024	50,018	6,573	30,049	85,157	171,797
Provided during the period	16,668	1,789	22,721	1,946	43,124

As at 30 November 2025	66,686	8,362	52,770	87,103	214,921

Net Book Value
As at 30 November 2025	266,823	-	13,066	-	279,889

As at 1 December 2024	283,491	1,789	34,621	1,946	321,847

5. Stocks

	2025	2024
	£	£
Work in progress	150,000	150,000

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Foster Lomas Architects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	222,733	213,201
Amounts owed by group undertakings	1,183,399	1,330,832
Other debtors	35,771	76,863

	1,441,903	1,620,896
Due after more than one year
Other debtors	114,654	71,169

	1,556,557	1,692,065

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	139,343	237,719
Amounts owed to group undertakings	-	16,585
Other creditors	3,907	5,550
Taxation and social security	31,855	16,971

	175,105	276,825

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	6,133	16,423

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Gregory Lomas	29,009	25,838	-	-	54,847
Mr William Foster	42,159	17,647	-	-	59,806

The above loan is unsecured, interest charged at 2.25% and not repayable on demand.

Dividends paid to directors totalling £120,834

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Foster Lomas Architects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

11. Related Party Transactions

During the year, the company paid rent of £90,000+VAT (2024: £90,000) to Foster Lomas Holdings Ltd, a company under common control of the directors. The transaction was made on normal commercial terms.

At the balance sheet date, the company loaned £1,255,202 (2024: £1,227,816) to Foster Lomas Architects Ltd, a company under common control of the directors. There was no interest on the balance and no repayment terms have been agreed.

At the balance sheet date, the company owed £51,293 (2024: £16,584) to Foster Lomas Trading Ltd, a company under common control of the directors. There was no interest on the balance and no repayment terms have been agreed.

At the balance sheet date, the company owed £20,510 (2024: (£103,016)) to Foster Lomas Ltd, a company under common control of the directors. There was no interest on the balance and no repayment terms have been agreed.

During the year the company entered into transactions at arms length with Foster Lomas Trading Limited as follows:

Sales of services: £72,525

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