The London and Brighton Plating Company Limited

Registered number

00407624

Filleted Accounts

31 March 2026

The London and Brighton Plating Company Limited
Registered number:		00407624
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		-			2,768
Tangible assets	4		767,257			784,896
			767,257			787,664

Current assets
Stocks		32,000			30,000
Debtors	5	1,431,583			1,449,510
Cash at bank and in hand		293,163			149,235
		1,756,746			1,628,745

Creditors: amounts falling due within one year	6	(269,228)			(437,519)

Net current assets			1,487,518			1,191,226

Total assets less current liabilities			2,254,775			1,978,890

Creditors: amounts falling due after more than one year	7		(568,375)			(503,397)

Provisions for liabilities			(130,136)			(132,769)


Net assets			1,556,264			1,342,724

Capital and reserves
Called up share capital			10,000			10,000
Share premium			24,709			24,709
Capital redemption reserve			295,479			295,479
Revaluation reserve	9		330,341			334,863
Profit and loss account			895,735			677,673

Shareholders' funds			1,556,264			1,342,724

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 and delivered 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.




Stefan De Lillis
Director
Approved by the board on 28 August 2026

The London and Brighton Plating Company Limited
Notes to the Accounts
for the year ended 31 March 2026


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 (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	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 over its expected useful life, as follows:

	Freehold property	over 100 years
	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			25		2


3	Intangible fixed assets					£

	Cost
	At 1 April 2025					155,806
	At 31 March 2026					155,806

	Amortisation
	At 1 April 2025					153,038
	Provided during the year					2,768
	At 31 March 2026					155,806

	Net book value
	At 31 March 2026					-
	At 31 March 2025					2,768

	IP is being written off in annual instalments over its estimated economic life of 3 to 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	799,999		765,033		1,565,032
	Additions	-		7,795		7,795
	At 31 March 2026	799,999		772,828		1,572,827

	Depreciation
	At 1 April 2025	106,287		673,849		780,136
	Charge for the year	3,295		16,184		19,479
	Surplus on revaluation	5,955		-		5,955
	At 31 March 2026	115,537		690,033		805,570

	Net book value
	At 31 March 2026	684,462		82,795		767,257
	At 31 March 2025	693,712		91,184		784,896


	Freehold land and buildings:			2026		2025
£					£
	Historical cost			329,547		329,547
	Cumulative depreciation based on historical cost			(85,762)		(82,467)
				415,309		412,014


5	Debtors			2026		2025
£					£

	Trade debtors			261,985		270,092
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			1,143,755		1,143,755
	Other debtors			25,843		35,663
				1,431,583		1,449,510


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			37,913		85,000
	Obligations under finance lease and hire purchase contracts			13,601		13,200
	Trade creditors			76,339		77,173
	Taxation and social security costs			139,375		57,535
	Other creditors			2,000		204,611
				269,228		437,519


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			452,915		474,695
	Obligations under finance lease and hire purchase contracts			15,300		28,702
	Other creditors			100,160		-
				568,375		503,397


8	Loans			2026		2025
£					£
	Creditors include:

	Secured bank loans			490,828		559,695

	The bank loans are secured by a fixed charge against the property and a fixed and floating charge over all other assets of the company.


9	Revaluation reserve			2026		2025
£					£

	At 1 April 2025			334,863		366,553
	Transfer to profit and loss account			(5,955)		(5,955)
	Deferred taxation arising on the revaluation of land and buildings			1,433		(25,735)

	At 31 March 2026			330,341		334,863


10	Controlling party

	The company is a wholly owned subsidiary of Symphony Delta Limited whose registered office is: 7 Bell Yard, London, England, WC2A 2JR.


11	Other information

	The London and Brighton Plating Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
	100 North Street
	Portslade
	Brighton
	West Sussex
	BN41 1DG