Lodestar Cleaning Contracts Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01527360 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

LODESTAR CLEANING CONTRACTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTOR:

S R Lyward

REGISTERED OFFICE:

28 Wilton Road

Bexhill-on-Sea

East Sussex

TN40 1EZ

REGISTERED NUMBER:

01527360 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

27,594

18,990

27,594

18,990

CURRENT ASSETS

Stocks

40,776

8,804

Debtors

6

257,087

361,379

Cash at bank

54,078

26,985

351,941

397,168

CREDITORS

Amounts falling due within one year

7

353,583

359,867

NET CURRENT (LIABILITIES)/ASSETS

(1,642

)

37,301

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,952

56,291

CREDITORS

Amounts falling due after more than one year

8

(20,708

)

(43,750

)

PROVISIONS FOR LIABILITIES

-

(3,608

)

NET ASSETS

5,244

8,933

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

5,144

8,833

SHAREHOLDERS' FUNDS

5,244

8,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2026 and were signed by:

S R Lyward - Director

1.	STATUTORY INFORMATION

Lodestar Cleaning Contracts Limited 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

In preparing the financial statements, the director is required to make an assessment of the ability of the company to continue as a going concern. The director has considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the director is satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion he considers that no material uncertainty exists. As a result, the director has concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts when turnover is recognised when the company receives the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, has been fully amortised.

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.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 NIL (2024 - 148 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

3,000

AMORTISATION

At 1 November 2024

and 31 October 2025

3,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 November 2024

6,739

46,495

397

53,631

Additions

13,451

-

1,175

14,626

At 31 October 2025

20,190

46,495

1,572

68,257

DEPRECIATION

At 1 November 2024

1,503

32,996

142

34,641

Charge for year

2,803

2,700

519

6,022

At 31 October 2025

4,306

35,696

661

40,663

NET BOOK VALUE

At 31 October 2025

15,884

10,799

911

27,594

At 31 October 2024

5,236

13,499

255

18,990

6.

DEBTORS

31.10.25

31.10.24

£

Amounts falling due within one year:

Trade debtors

32,239

76,318

Directors' loan accounts

159,056

222,084

191,295

298,402

Amounts falling due after more than one year:

Other debtors

65,792

62,977

Aggregate amounts

257,087

361,379

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Bank loans and overdrafts

53,712

69,949

Hire purchase contracts

3,971

-

Trade creditors

33,798

31,992

Tax

11,159

14,098

Social security and other taxes

21,350

23,051

Pension

4,180

2,838

VAT

98,520

96,954

Other creditors

121,843

116,108

Accrued expenses

5,050

4,877

353,583

359,867

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

Bank loans - 1-2 years

18,750

25,000

Bank loans - 2-5 years

-

18,750

Hire purchase contracts

1,958

-

20,708

43,750

9.	SECURED DEBTS

There are fixed and floating charges and an all asset debenture over the assets of the company.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

S R Lyward

Balance outstanding at start of year

222,084

230,426

Amounts advanced

34,154

17,588

Amounts repaid

(97,182

)

(25,930

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

159,056

222,084

At the start of the year, a director owed the company £222,084. During the year, the director was advanced £28,291 and repaid £97,182. Interest has been charged at the official rate of 3.125% based on the average balance outstanding. At the end of the year the director owed the company £159,056 which is repayable on demand. Amounts have been aggregated where considered appropriate.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lodestar Cleaning Contracts Limited for the year ended 31 October 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of Lodestar Cleaning Contracts Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lodestar Cleaning Contracts Limited and state those matters that we have agreed to state to the director of Lodestar Cleaning Contracts Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lodestar Cleaning Contracts Limited and its director for our work or for this report.

It is your duty to ensure that Lodestar Cleaning Contracts Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lodestar Cleaning Contracts Limited. You consider that Lodestar Cleaning Contracts Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lodestar Cleaning Contracts Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

23 October 2026