Company Registration No. 12938130 (England and Wales)
Lancelot Central Ltd
Unaudited accounts
for the year ended 31 October 2025
Lancelot Central Ltd
Unaudited accounts
Contents
Lancelot Central Ltd
Company Information
for the year ended 31 October 2025
Company Number
12938130 (England and Wales)
Registered Office
c/o Pearl Accounting Limited
Suite 1, 116 Ballards Lane
Finchley
London
N3 2DN
United Kingdom
Accountants
Pearl Accounting Limited
Suite 1
116 Ballards Lane
Finchley
London
N3 2DN
Lancelot Central Ltd
Statement of financial position
as at 31 October 2025
Tangible assets
1,989
2,652
Cash at bank and in hand
11,175
17,698
Creditors: amounts falling due within one year
(75,364)
(44,007)
Net current assets
16,642
50,862
Called up share capital
100
100
Profit and loss account
18,531
53,414
Shareholders' funds
18,631
53,514
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 October 2026 and were signed on its behalf by
Nigel Brown
Director
Company Registration No. 12938130
Lancelot Central Ltd
Notes to the Accounts
for the year ended 31 October 2025
Lancelot Central Ltd is a private company, limited by shares, registered in England and Wales, registration number 12938130. The registered office is c/o Pearl Accounting Limited, Suite 1, 116 Ballards Lane, Finchley, London, N3 2DN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% written down value
Lancelot Central Ltd
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2024
799
2,597
3,396
At 31 October 2025
799
2,597
3,396
At 1 November 2024
54
690
744
Charge for the year
186
477
663
At 31 October 2025
240
1,167
1,407
At 31 October 2025
559
1,430
1,989
At 31 October 2024
745
1,907
2,652
Amounts falling due within one year
Amounts due from group undertakings etc.
35,983
47,595
Accrued income and prepayments
30,000
-
Amounts falling due after more than one year
Other debtors
10,000
18,400
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
30,320
-
Trade creditors
27,327
17,469
Amounts owed to group undertakings and other participating interests
-
3,000
Taxes and social security
14,297
2,094
Loans from directors
-
6,281
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2024: 2).