Lanswood Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 3786803

Lanswood Limited

Filleted Unaudited Financial Statements

For the Year Ended

30 September 2025

Lanswood Limited

Statement of Financial Position

30 September 2025

	2025		2024
			(restated)
Note	£	£	£

Fixed Assets

Tangible assets	6	5,687,165	5,703,025
Investments	7	10,000	10,000
		------------	------------
		5,697,165	5,713,025

Current Assets

Stocks		12,235,109	12,754,377
Debtors	8	1,093,322	807,312
Cash at bank and in hand		3,211,934	670,614
		-------------	-------------
		16,540,365	14,232,303

Creditors: amounts falling due within one year	9	2,862,760		2,295,698
		-------------		-------------
Net Current Assets			13,677,605	11,936,605
			-------------	-------------
Total Assets Less Current Liabilities			19,374,770	17,649,630

Provisions

Taxation including deferred tax	308,625	308,625
	-------------	-------------
Net Assets	19,066,145	17,341,005
	-------------	-------------

Capital and Reserves

Called up share capital	2	2
Revaluation reserve	2,063,572	2,063,572
Profit and loss account	17,002,571	15,277,431
	-------------	-------------
Shareholders Funds	19,066,145	17,341,005
	-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30th September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Lanswood Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 13 October 2026 , and are signed on behalf of the board by:

D M Shaikly

Director

Company registration number: 3786803

Lanswood Limited

Notes to the Financial Statements

Year Ended 30th September 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Middleborough House, 16 Middleborough, Colchester, Essex, CO1 1QT.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Intangible Assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Debenture	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Tenants improvements	-	10% straight line
Plant & Machinery	-	25% straight line
Fixtures & Fittings	-	25% straight line
Motor Vehicles	-	25% straight line
Equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in Associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in Joint Ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 13 (2024: 13 ).

5. Intangible Assets

	Development costs
	£
Cost
At 1st October 2024 (as restated) and 30th September 2025	33,000
	--------
Amortisation
At 1st October 2024 and 30th September 2025	33,000
	--------
Carrying amount
At 30th September 2025	–
	--------
At 30th September 2024	–
	--------

6. Tangible Assets

	Freehold property	Short leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£	£
Cost
At 1 Oct 2024 (as restated)	5,650,000	9,496	336,729	35,529	138,841	6,170,595
Additions	–	–	1,530	7,384	14,058	22,972
Disposals	–	–	–	–	( 5,340)	( 5,340)
	------------	-------	---------	--------	---------	------------
At 30 Sep 2025	5,650,000	9,496	338,259	42,913	147,559	6,188,227
	------------	-------	---------	--------	---------	------------
Depreciation
At 1 Oct 2024	–	9,496	316,002	33,853	108,219	467,570
Charge for the year	–	–	17,640	2,636	14,551	34,827
Disposals	–	–	–	–	( 1,335)	( 1,335)
	------------	-------	---------	--------	---------	------------
At 30 Sep 2025	–	9,496	333,642	36,489	121,435	501,062
	------------	-------	---------	--------	---------	------------
Carrying amount
At 30 Sep 2025	5,650,000	–	4,617	6,424	26,124	5,687,165
	------------	-------	---------	--------	---------	------------
At 30 Sep 2024	5,650,000	–	20,727	1,676	30,622	5,703,025
	------------	-------	---------	--------	---------	------------

7. Investments

	Other investments other than loans
	£
Cost
At 1st October 2024 as restated and 30th September 2025	10,000
	--------
Impairment
At 1st October 2024 as restated and 30th September 2025	–
	--------

Carrying amount
At 30th September 2025	10,000
	--------
At 30th September 2024	10,000
	--------

8. Debtors

	2025	2024
		(restated)
	£	£
Trade debtors	313,937	96,913
Other debtors	779,385	710,399
	------------	---------
	1,093,322	807,312
	------------	---------

9. Creditors: amounts falling due within one year

	2025	2024
		(restated)
	£	£
Trade creditors	530,430	257,278
Corporation tax	128,904	–
Social security and other taxes	23,546	41,105
Other creditors	2,179,880	1,997,315
	------------	------------
	2,862,760	2,295,698
	------------	------------

10. Related Party Transactions

Within debtors is a loan to Lexden Wood Ltd of £181,622. This is interest free and repayable on demand. Mr D Shaikly is the sole director and shareholder of Lexden Wood Ltd. Within debtors is a loan to Westash Holdings Ltd of £229,048. This is interest free and repayable on demand. Mr D Shaikly & Mrs V Shaikly control Westash Holdings Ltd. Within debtors is a loan to Franknox Ltd of £164,863. This is interest free and repayable on demand. Franknox Ltd in controlled by a close relative of a director. Within creditors is a loan from Jarwen Ltd of £124,927. This is interest free and repayable on demand. Mr D Shaikly is the sole director and shareholder of Jarwen Ltd.