Registered number
13046646
Lombarde Limited
Unaudited Filleted Accounts
30 November 2021
Lombarde Limited
Registered number: 13046646
Balance Sheet
as at 30 November 2021
Notes 2021
£
Current assets
Debtors 4 32,555
Cash at bank and in hand 153
32,708
Creditors: amounts falling due within one year 5 (8,026)
Net current assets 24,682
Net assets 24,682
Capital and reserves
Called up share capital 100
Profit and loss account 24,582
Shareholders' funds 24,682
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C. Ball
Director
Approved by the board on 11 August 2022
Lombarde Limited
Notes to the Accounts
for the period from 27 November 2020 to 30 November 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets, other than loans to the director, are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current periods. Current tax are not discounted.
2 Employees 2021
Number
Average number of persons employed by the company 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 1,678
Disposals (1,678)
At 30 November 2021 -
Depreciation
Charge for the period 559
On disposals (559)
At 30 November 2021 -
Net book value
At 30 November 2021 -
4 Debtors 2021
£
Other debtors 32,555
5 Creditors: amounts falling due within one year 2021
£
Taxation and social security costs 7,642
Other creditors 384
8,026
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
C. Ball
Overdrawn director's loan account, interest free and repayable on demand. - 32,555 - 32,555
- 32,555 - 32,555
7 Other information
Lombarde Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 Belmont Road
Reigate
RH2 7EE
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