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Registered number: 13073242
Liddiard Research Limited
Unaudited Financial Statements
For the Period 1 January 2026 to 31 October 2026
RED 76 Tax
ICAEW - Chartered Accountants
20-22 Venture West
Greenham Business Park
Newbury
Berkshire
RG19 6HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13073242
31 October 2026 31 December 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 31,700 39,078
Investments 5 - 240,929
31,700 280,007
CURRENT ASSETS
Debtors 6 188,491 207
Cash at bank and in hand 1,889 6,861
190,380 7,068
Creditors: Amounts Falling Due Within One Year 7 (21,833 ) (62,972 )
NET CURRENT ASSETS (LIABILITIES) 168,547 (55,904 )
TOTAL ASSETS LESS CURRENT LIABILITIES 200,247 224,103
NET ASSETS 200,247 224,103
CAPITAL AND RESERVES
Called up share capital 9 2 1
Profit and Loss Account 200,245 224,102
SHAREHOLDERS' FUNDS 200,247 224,103
Page 1
Page 2
For the period ending 31 October 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jack Liddiard
Director
03/11/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Liddiard Research Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13073242 . The registered office is 20-22 Venture West, Greenham Business Park, Newbury, RG19 6HX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the fair value convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors believe that the going concern basis is not appropriate as the company is entering liquidaton. The accounts have been prepared under a break-up basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles Revaluation
Computer Equipment Revaluation
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2025: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2026 6,251 75,000 4,316 - 85,567
Additions - - - 1,200 1,200
Disposals (6,251 ) - (4,316 ) - (10,567 )
As at 31 October 2026 - 75,000 - 1,200 76,200
Depreciation
As at 1 January 2026 4,794 39,063 2,632 - 46,489
Impairment losses - 5,437 - - 5,437
Disposals (4,794 ) - (2,632 ) - (7,426 )
As at 31 October 2026 - 44,500 - - 44,500
Net Book Value
As at 31 October 2026 - 30,500 - 1,200 31,700
As at 1 January 2026 1,457 35,937 1,684 - 39,078
5. Investments
Other
£
Cost or Valuation
As at 1 January 2026 240,929
Disposals (240,929 )
As at 31 October 2026 -
Provision
As at 1 January 2026 -
As at 31 October 2026 -
Net Book Value
As at 31 October 2026 -
As at 1 January 2026 240,929
Page 4
Page 5
6. Debtors
31 October 2026 31 December 2025
£ £
Due within one year
Other debtors 2,893 -
VAT 330 207
Other taxes and social security 492 -
Director's loan account 184,776 -
188,491 207
7. Creditors: Amounts Falling Due Within One Year
31 October 2026 31 December 2025
£ £
Net obligations under finance lease and hire purchase contracts - 44,054
Trade creditors 2 42
Corporation tax 19,057 12,890
Other taxes and social security - 455
Accruals and deferred income 2,774 1,500
Director's loan account - 4,031
21,833 62,972
8. Obligations Under Finance Leases and Hire Purchase
31 October 2026 31 December 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 44,054
9. Share Capital
31 October 2026 31 December 2025
£ £
Allotted, Called up and fully paid 2 1
10. Dividends
31 October 2026 31 December 2025
£ £
On equity shares:
Final dividend paid 37,700 49,200
Page 5