Registered Number:11128000 |
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2021
Lodge's Grabs Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Lodge's Grabs Ltd
Statement of Financial Position
2020
2021
Property, plant and equipment |
106,766
36,486
2
106,766
36,486
Trade and other receivables |
6,266
9,775
3
154,431
Cash and cash equivalents |
146,387
156,162
160,697
Trade and other payables: amounts falling due within one |
year |
(97,701)
(68,294)
4
62,996
87,868
Net current assets
Total assets less current liabilities |
194,634
99,482
Trade and other payables: amounts falling due after more |
than one year |
(13,300)
(46,210)
5
148,424
Net assets
86,182
200
200
148,224
85,982
148,424
86,182
Shareholders' funds
For the year ended 31 December 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 05 May 2022 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2021
Lodge's Grabs Ltd
Notes to the Financial Statements
Statutory Information
Lodge's Grabs Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 11128000. |
34 Moss Path
Galleywood
Chelmsford
Essex
CM28YG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
2. Property, plant and equipment |
43,696
15,000
28,696
102,450
-
102,450
-
(24,000)
(24,000)
107,146
15,000
122,146
Provision for depreciation and impairment |
7,210
6,200
1,010
Charge for year
10,938
1,760
9,178
(2,768)
-
(2,768)
15,380
7,960
7,420
99,726
7,040
106,766
27,686
8,800
36,486
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For the year ended 31 December 2021
Lodge's Grabs Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2020
2021
5,474
6,266
4,301
-
6,266
9,775
4. Trade and other payables: amounts falling due within one year |
2020
2021
Taxation and social security |
11,372
41,559
Accruals and deferred income |
2,670
2,150
54,252
53,992
68,294
97,701
5. Trade and other payables: amounts falling due after more than one year |
2020
2021
13,300
46,210
Obligations under HP/Financial leases |
Analysis of creditors falling due after more than five years: |
46,210
-
6. Related party transactions |
The company is controlled by the Director Robert Lodge. |
During the year interim ordinary dividends in the sum of £7,200 (£5,000) were paid to the Director Robert Lodge in |
respect of his equity shareholding in the company. |
7. Average number of persons employed |
During the year the average number of employees was 1 (2020 : 1)
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