05329180falsebuilding completion and finishing.2025-02-012026-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:Director12025-02-012026-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2026-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-02-012026-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-02-012026-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2026-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/2025-02-012026-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FRS1022025-02-012026-01-31http://www.companieshouse.gov.uk/2026-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-02-012026-01-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2025-02-012026-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05329180
LRCC Limited
ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2026
LRCC Limited
ACCOUNTS
FOR THEYEARENDED31 JANUARY 2026
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet2
Notes To The Accounts3
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
LRCC Limited
BALANCE SHEET AT 31 January 2026
20262025
Notes££
FIXED ASSETS
Tangible assets34,3566,117
CURRENT ASSETS
Stock1,861600
Debtors415,51236,198
Cash at bank and in hand52,26750,669
69,64087,467
CREDITORS: Amounts falling due within one year540,57246,783
NET CURRENT ASSETS29,06840,684
TOTAL ASSETS LESS CURRENT LIABILITIES33,42446,801
CREDITORS: Amounts falling due after more than one year6-4,437
PROVISIONS FOR LIABILITIES AND CHARGES8281,162
NET ASSETS32,59641,202
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account32,59441,200
SHAREHOLDERS' FUNDS32,59641,202
For the year ending 31 January 2026 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 6 October 2026 and signed on their behalf by
.............................
Leslie Stanton
Director
LRCC Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2026
1. ACCOUNTING POLICIES
1a. Statutory Information
LRCC Limited is a private limited company, limited by shares, dominciled in England and Wales, registration number 05329180.
Registered address: Unit 3 Vine Street, Brierley Hill, West Midlands, DY5 1JE
The presentation currency is £ sterling. This is the currency of the primary economic market in which the entity operates (its functional currency). All amounts in these financial statements have been rounded to the nearest pound unless otherwise stated.
1b. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Equipmentstraight line 33%
Motor Carsreducing balance 25%
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Pension Costs
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
LRCC Limited
1f. Deferred Taxation
Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Differences between accumulated depreciation and tax allowances for the cost of a fixed asset, if and when all conditions for retaining the tax allowances have been met, are not provided for. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.
Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet date. Deferred tax balances are not discounted.
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.
2. EMPLOYEES
20262025
No.No.
Average number of employees55
3. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 1 February 202552,11852,118
Additions749749
Disposals(11,250)(11,250)
At 31 January 202641,61741,617
Depreciation
At 1 February 202546,00146,001
Disposals(10,406)(10,406)
For the year1,6661,666
At 31 January 202637,26137,261
Net Book Amounts
At 31 January 20264,3564,356
At 31 January 20256,1176,117
LRCC Limited
4. DEBTORS 20262025
££
Amounts falling due within one year:
Trade debtors10,27928,825
VAT2,5551,861
Other debtors2,6785,512
15,51236,198
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20262025
££
Bank loans and overdrafts4,43710,365
Trade creditors27,83533,542
Taxation and social security6,102597
Other creditors2,1982,279
40,57246,783
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20262025
££
Bank loans and overdrafts-4,437
-4,437
The loan relates to a Covid-19 bounceback loan which is backed by a 100% guarantee by the government.
LRCC Limited
7. SHARE CAPITAL 20262025
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
8. TRANSACTIONS WITH DIRECTORS
At 31 January 2026, the company owed the director £320 (2025 - £361). This amount is included in other creditors.