Longrise Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 01494116

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,653		900

			1,653		900
CURRENT ASSETS
Debtors	5	655		333
Cash at bank and in hand		7,472		45,544

		8,127		45,877
Creditors: Amounts Falling Due Within One Year	6	(280 )		(6,658 )

NET CURRENT ASSETS (LIABILITIES)			7,847		39,219

TOTAL ASSETS LESS CURRENT LIABILITIES			9,500		40,119

NET ASSETS			9,500		40,119

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			9,400		40,019

SHAREHOLDERS' FUNDS			9,500		40,119

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Longrise Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 her 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

Mrs Susan Williams

Director

06/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Longrise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01494116 . The registered office is "FAIRLEA" 6 NAISH ROAD, BARTON ON SEA, NEW MILTON, HANTS, BH25 7PU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost 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. 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.

2.3. 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:

Fixtures & Fittings	25% reducing balance
Computer Equipment	33% straight line

2.4. Taxation

The corporation tax expense represents the tax currently payable without making provision for 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Longrise Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	-	1,839	1,839
Additions	1,604	-	1,604

As at 31 March 2025	1,604	1,839	3,443

Depreciation
As at 1 April 2024	-	939	939
Provided during the period	401	450	851

As at 31 March 2025	401	1,389	1,790

Net Book Value
As at 31 March 2025	1,203	450	1,653

As at 1 April 2024	-	900	900

5. Debtors

	2025	2024
	£	£
Due within one year
Debtor- corporation tax	322	-
Deferred tax current asset	333	333

	655	333

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	(1 )	6,395
Accruals and deferred income	204	186
Director's loan account	77	77

	280	6,658

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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