LPC Painting Limited - Filleted accounts

Registered number

09701942

LPC Painting Limited

Report and Accounts

31 December 2025

LPC Painting Limited

Company Information

Director

L P Copestake

Accountants

Anderson Griffin

4 Imperial Square

Cheltenham

Glos

Bankers

Lloyds Bank plc

130 High Street

Cheltenham

Glos

Registered office

11 Alstone Croft

Cheltenham

Glos

Registered number

09701942

LPC Painting Limited
Registered number:		09701942
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		525			-

Current assets
Debtors	5	42,154			71,872
Cash at bank and in hand		34			-
		42,188			71,872

Creditors: amounts falling due within one year	6	(22,711)			(43,551)

Net current assets			19,477			28,321

Total assets less current liabilities			20,002			28,321

Creditors: amounts falling due after more than one year	7		(19,820)			(27,675)

Net assets			182			646

Capital and reserves
Called up share capital			100			100
Profit and loss account			82			546

Shareholder's funds			182			646

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



L P Copestake
Director
Approved by the board on 30 September 2026

LPC Painting Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and equipment			over 4 years
	Office equipment			over 4 years
	Motor vehicles			over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 January 2025							10,000
	At 31 December 2025							10,000

	Amortisation
	At 1 January 2025							10,000
	At 31 December 2025							10,000

	Net book value
	At 31 December 2025							-


4	Tangible fixed assets
		Plant and equipment		Office equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	3,704		2,578		24,846		31,128
	Additions	-		699		-		699
	At 31 December 2025	3,704		3,277		24,846		31,827

	Depreciation
	At 1 January 2025	3,704		2,578		24,846		31,128
	Charge for the year	-		174		-		174
	At 31 December 2025	3,704		2,752		24,846		31,302

	Net book value
	At 31 December 2025	-		525		-		525


5	Debtors					2025		2024
£							£

	Trade debtors					18,654		46,375
	Other debtors					23,500		25,497
						42,154		71,872


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		21,854
	Trade creditors					4,396		3,396
	Other taxes and social security costs					16,665		16,651
	Other creditors					1,650		1,650
						22,711		43,551


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					19,820		27,675


8	Controlling party

	The company is controlled by the director.


9	Other information

	LPC Painting Limited is a private company limited by shares and incorporated in England. Its registered office is:

	11 Alstone Croft
	Cheltenham
	Glos