REGISTERED NUMBER: 12625273 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

L S FUTURES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L D Beard

Mrs S Beard

REGISTERED OFFICE:

362 Cemetery Road

Omega Court

Sheffield

S11 8FT

REGISTERED NUMBER:

12625273 (England and Wales)

FIXED ASSETS

Investment property

4

690,281

690,281

CURRENT ASSETS

Cash at bank

53,086

32,352

CREDITORS

Amounts falling due within one year

5

104,364

124,016

NET CURRENT LIABILITIES

(51,278

)

(91,664

)

TOTAL ASSETS LESS CURRENT LIABILITIES

639,003

598,617

CREDITORS

Amounts falling due after more than one year

6

(566,873

)

(533,397

)

PROVISIONS FOR LIABILITIES

(17,090

)

(16,305

)

NET ASSETS

55,040

48,915

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

8

51,269

51,269

Retained earnings

3,769

(2,356

)

55,040

48,915

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 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 2 September 2026 and were signed on its behalf by:

L D Beard - Director

1.	STATUTORY INFORMATION

L S Futures 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.

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

All monetary values stated within these financial statements are rounded to the nearest £.

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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

and 31 May 2026

690,281

NET BOOK VALUE

At 31 May 2026

690,281

At 31 May 2025

690,281

Fair value at 31 May 2026 is represented by:

£

Valuation in 2023

54,584

Valuation in 2025

13,775

Cost

621,922

690,281

If investment property had not been revalued it would have been included at the following historical cost:

31.5.26

31.5.25

£

£

Cost

621,922

621,922

Investment property was valued on an open market basis on 31 May 2026 by the directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

-

4,300

Taxation and social security

884

-

Other creditors

103,480

119,716

104,364

124,016

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Bank loans

566,873

533,397

31.5.26

31.5.25

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

566,873

533,397

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.26

31.5.25

£

£

Bank loans

566,873

533,397

8.

RESERVES

Fair

value

reserve

£

At 1 June 2025

and 31 May 2026

51,269