Registration number:
LFP Consultants Limited
for the Year Ended 30 April 2026
LFP Consultants Limited
Contents
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Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
LFP Consultants Limited
Company Information
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Director |
Mr MJ Chester |
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Registered office |
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Accountants |
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LFP Consultants Limited
(Registration number: 05107595)
Statement of Financial Position as at 30 April 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Intangible assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
LFP Consultants Limited
(Registration number: 05107595)
Statement of Financial Position as at 30 April 2026 (continued)
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LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)
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2 |
Accounting policies (continued) |
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Improvements to Property |
10% on Cost |
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Plant and Machinery |
20% on Cost |
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Fixtures and Fittings |
20% on Cost |
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Motor Vehicles |
20% on Cost |
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Computer Equipment |
25% on Cost |
Goodwill
Goodwill, being the amount paid as a result of the demerger in 2025, is being amortised evenly over its estimated useful life of 5 years.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Leases
Minimum Lease payments under non-cancellable operating leases falling due within one year are £2,271.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)
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Accounting policies (continued) |
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)
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Intangible assets |
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Goodwill |
Total |
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Cost or valuation |
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At 1 May 2025 |
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At 30 April 2026 |
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Amortisation |
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At 1 May 2025 |
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Amortisation charge |
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At 30 April 2026 |
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Carrying amount |
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At 30 April 2026 |
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At 30 April 2025 |
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LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)
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Tangible assets |
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Improvements to Property |
Fixtures and fittings |
Plant and machinery |
Office equipment |
Motor vehicles |
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Cost or valuation |
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At 1 May 2025 |
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Additions |
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Disposals |
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At 30 April 2026 |
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Depreciation |
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At 1 May 2025 |
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Charge for the year |
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Eliminated on disposal |
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At 30 April 2026 |
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Carrying amount |
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At 30 April 2026 |
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At 30 April 2025 |
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LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)
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Tangible assets (continued) |
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Total |
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Cost or valuation |
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At 1 May 2025 |
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Additions |
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Disposals |
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At 30 April 2026 |
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Depreciation |
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At 1 May 2025 |
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Charge for the year |
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Eliminated on disposal |
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At 30 April 2026 |
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Carrying amount |
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At 30 April 2026 |
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At 30 April 2025 |
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LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)
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5 |
Tangible assets (continued) |
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Debtors |
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Current |
2026 |
2025 |
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Trade debtors |
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Prepayments |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
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Note |
2026 |
2025 |
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Creditors: amounts falling due after more than one year
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Note |
2026 |
2025 |
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Due after one year |
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Loans and borrowings |
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Loans and borrowings |
Non-current loans and borrowings
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2026 |
2025 |
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Other borrowings |
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LFP Consultants Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026 (continued)
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Loans and borrowings (continued) |
Current loans and borrowings
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2026 |
2025 |
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Hire purchase contracts |
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