REGISTERED NUMBER: 08992339 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

LT88 Projects Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Tuck

REGISTERED OFFICE:

23 Waterville Grove

Ashington

Northumberland

NE63 9GU

REGISTERED NUMBER:

08992339 (England and Wales)

ACCOUNTANTS:

Douglas Shaw Limited

7 Brenkley Way

Blezard Business Park

Seaton Burn

Tyne and Wear

NE13 6DS

FIXED ASSETS

Tangible assets

4

63,213

74,363

CURRENT ASSETS

Debtors

5

2,216

7,520

Cash at bank

6,035

2,050

8,251

9,570

CREDITORS

Amounts falling due within one year

6

21,909

21,527

NET CURRENT LIABILITIES

(13,658

)

(11,957

)

TOTAL ASSETS LESS CURRENT LIABILITIES

49,555

62,406

CREDITORS

Amounts falling due after more than one year

7

(42,811

)

(35,127

)

PROVISIONS FOR LIABILITIES

(14,181

)

(15,253

)

NET (LIABILITIES)/ASSETS

(7,437

)

12,026

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(7,438

)

12,025

SHAREHOLDERS' FUNDS

(7,437

)

12,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 October 2026 and were signed by:

L Tuck - Director

1.	STATUTORY INFORMATION

LT88 Projects Ltd 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.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on reducing balance

Fixtures, fittings & office equipment

-

25% on reducing balance

Plant & machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Improvements

fittings

to

& office

Plant &

Motor

property

equipment

machinery

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2025

15,176

19,394

10,950

75,390

120,910

Additions

-

-

2,000

-

2,000

At 30 April 2026

15,176

19,394

12,950

75,390

122,910

DEPRECIATION

At 1 May 2025

1,825

13,790

2,190

28,742

46,547

Charge for year

267

1,401

2,152

9,330

13,150

At 30 April 2026

2,092

15,191

4,342

38,072

59,697

NET BOOK VALUE

At 30 April 2026

13,084

4,203

8,608

37,318

63,213

At 30 April 2025

13,351

5,604

8,760

46,648

74,363

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

-

5,929

Tax

589

-

Prepayments and accrued income

1,627

1,591

2,216

7,520

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans and overdrafts

5,000

5,000

Hire purchase contracts

9,104

10,069

Tax

-

404

Social security and other taxes

-

19

VAT

3,378

4,850

Directors' current accounts

3,127

30

Accruals and deferred income

1,300

1,155

21,909

21,527

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans - 1-2 years

5,000

1,546

Bank loans - 2-5 years

13,334

-

Hire purchase contracts

24,477

33,581

42,811

35,127