REGISTERED NUMBER: 06203065 (England and Wales)

LAGOM DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

K M M Hyatt

REGISTERED OFFICE:

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

REGISTERED NUMBER:

06203065 (England and Wales)

ACCOUNTANTS:

Carpenter Box

Chartered Accountants

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

FIXED ASSETS

Tangible assets

4

89,779

86,896

CURRENT ASSETS

Stocks

335,327

285,529

Debtors

5

463,812

485,978

Cash at bank and in hand

344,463

272,846

1,143,602

1,044,353

CREDITORS

Amounts falling due within one year

6

316,582

237,061

NET CURRENT ASSETS

827,020

807,292

TOTAL ASSETS LESS CURRENT LIABILITIES

916,799

894,188

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

915,799

893,188

SHAREHOLDERS' FUNDS

916,799

894,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th November 2025 and were signed by:

K M M Hyatt - Director

1.	STATUTORY INFORMATION

Lagom Design 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

over 3 years and Straight line over 4 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Hire purchase and leasing commitments

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 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2024

195,622

Additions

27,132

Disposals

(19,985

)

At 30th April 2025

202,769

DEPRECIATION

At 1st May 2024

108,726

Charge for year

24,249

Eliminated on disposal

(19,985

)

At 30th April 2025

112,990

NET BOOK VALUE

At 30th April 2025

89,779

At 30th April 2024

86,896

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

412,845

428,060

Other debtors

50,967

57,918

463,812

485,978

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

239,061

183,979

Taxation and social security

40,983

10,846

Other creditors

36,538

42,236

316,582

237,061

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

1

1,000

1,000

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 Lagom Design Limited for the year ended 30th April 2025 which comprise the Income Statement, 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 http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lagom Design Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lagom Design Limited and state those matters that we have agreed to state to the director of Lagom Design Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lagom Design Limited and its director for our work or for this report.

It is your duty to ensure that Lagom Design 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 Lagom Design Limited. You consider that Lagom Design 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 Lagom Design 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.

Carpenter Box

Chartered Accountants

2 St Andrews Place

Lewes

East Sussex

BN7 1UP

27th November 2025