REGISTERED NUMBER: 10206521 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

London Asbestos Surveys Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs K M Bullman

SECRETARY:

Mrs K M Bullman

REGISTERED OFFICE:

Broom House

39/43 London Road

Hadleigh, Benfleet

Essex

SS7 2QL

REGISTERED NUMBER:

10206521 (England and Wales)

ACCOUNTANTS:

BPSL

Brooms Professional Services Limited

Chartered Certified Accountants

Broom House

39/43 London Road

Hadleigh, Benfleet

Essex

SS7 2QL

FIXED ASSETS

Tangible assets

4

23,466

33,773

CURRENT ASSETS

Stocks

44,250

30,750

Debtors

5

230,917

113,635

Cash at bank

24,280

22,830

299,447

167,215

CREDITORS

Amounts falling due within one year

6

368,791

219,602

NET CURRENT LIABILITIES

(69,344

)

(52,387

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(45,878

)

(18,614

)

CREDITORS

Amounts falling due after more than one year

7

31,156

72,474

NET LIABILITIES

(77,034

)

(91,088

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(77,035

)

(91,089

)

(77,034

)

(91,088

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 10 September 2026 and were signed by:

Mrs K M Bullman - Director

1.	STATUTORY INFORMATION

London Asbestos Surveys 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Equipment

Totals

£

£

£

£

£

COST

At 1 June 2025

5,038

10,473

58,434

5,211

79,156

Additions

500

1,303

-

-

1,803

Disposals

-

-

(7,200

)

-

(7,200

)

At 31 May 2026

5,538

11,776

51,234

5,211

73,759

DEPRECIATION

At 1 June 2025

3,349

9,769

27,694

4,571

45,383

Charge for year

710

514

10,246

640

12,110

Eliminated on disposal

-

-

(7,200

)

-

(7,200

)

At 31 May 2026

4,059

10,283

30,740

5,211

50,293

NET BOOK VALUE

At 31 May 2026

1,479

1,493

20,494

-

23,466

At 31 May 2025

1,689

704

30,740

640

33,773

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

229,499

112,177

Other debtors

1,418

1,458

230,917

113,635

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans and overdrafts

22,541

21,197

Hire purchase contracts

10,996

11,694

Trade creditors

133,790

60,721

Social security and other taxes

80,950

59,600

VAT

117,494

62,148

Net wages

-

1,857

Pension fund

462

385

Directors' current accounts

558

-

Accrued expenses

2,000

2,000

368,791

219,602

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans - 1-2 years

15,204

23,333

Bank loans - 2-5 years

-

15,204

Other loans - 1-2 years

4,375

9,625

Other loans - 2-5 years

5,250

5,250

Hire purchase contracts

6,327

19,062

31,156

72,474