LALCROFT LIMITED

Company Registration Number:
02979108 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

LALCROFT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LALCROFT LIMITED

Company Information

for the Period Ended 31 March 2022




Director: Ian Anderson
James Robert Anderson
Dorothy Helen Anderson
Registered office: 1
The Fellows
Netherton
Huddersfield
West Yorkshire
HD4 7HP
Company Registration Number: 02979108 (England and Wales)

LALCROFT LIMITED

Directors' Report Period Ended 31 March 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Principal Activities

Buying, selling and letting of own property and other building services

Political and charitable donations

Nil

Company policy on the employment of disabled persons

No employees

Directors

The directors shown below have held office during the whole of the period from 01 April 2021 to 31 March 2022
Ian Anderson
James Robert Anderson
Dorothy Helen Anderson

This report was approved by the board of directors on 31 July 2022
And Signed On Behalf Of The Board By:

Name: Ian Anderson
Status: Director

LALCROFT LIMITED

Profit and Loss Account

for the Period Ended 31 March 2022


Notes

2022
£

2021
£
Turnover 28,449 19,972
Cost of sales ( 19,153 ) ( 6,840 )
Gross Profit or (Loss) 9,296 13,132
Administrative Expenses ( 4,172 ) ( 3,976 )
Operating Profit or (Loss) 5,124 9,156
Interest Payable and Similar Charges ( 573 ) ( 611 )
Profit or (Loss) Before Tax 4,551 8,545
Profit or (Loss) for Period 4,551 8,545

The notes form part of these financial statements

LALCROFT LIMITED

Balance sheet

As at 31 March 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 4 275,734 212,254
Total fixed assets: 275,734 212,254
Current assets
Debtors: 5 6,865 12,552
Cash at bank and in hand: 12,208 18,969
Total current assets: 19,073 31,521
Creditors: amounts falling due within one year: 6 ( 5,869 ) ( 5,839 )
Net current assets (liabilities): 13,204 25,682
Total assets less current liabilities: 288,938 237,936
Creditors: amounts falling due after more than one year: 7 ( 29,234 ) ( 27,155 )
Total net assets (liabilities): 259,704 210,781

The notes form part of these financial statements

LALCROFT LIMITED

Balance sheet continued

As at 31 March 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 224,834 224,834
Revaluation reserve: 8 44,472
Profit and loss account: ( 9,602 ) ( 14,053 )
Shareholders funds: 259,704 210,781

For the year ending 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 31 July 2022
And Signed On Behalf Of The Board By:

Name: Ian Anderson
Status: Director

The notes form part of these financial statements

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Receipts and invoiced amounts

    Tangible fixed assets depreciation policy

    Land & Buildings 0%
    Plant & Machinery 20% on a reducing balance
    Motor Vehicles 25% on a reducing balance

    Valuation information and policy

    Properties re-valued in March 2022

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 0 0

    There are no paid employees

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 3. Off balance sheet disclosure

    No

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible assets

Land & buildings Plant & machinery Motor vehicles Total
Cost £ £ £ £
At 01 April 2021 200,131 15,250 4,200 219,581
Additions 1,945 - - 1,945
Disposals - - - -
Revaluations 64,077 - - 64,077
Transfers - - - -
At 31 March 2022 266,153 15,250 4,200 285,603
Depreciation
At 01 April 2021 - 5,490 1,837 7,327
Charge for year - 1,952 590 2,542
On disposals - - - -
Other adjustments - - - -
At 31 March 2022 - 7,442 2,427 9,869
Net book value
At 31 March 2022 266,153 7,808 1,773 275,734
At 31 March 2021 200,131 9,760 2,363 212,254

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Debtors


2022
£

2021
£
Trade debtors 6,865 12,552
Total 6,865 12,552

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6.Creditors: amounts falling due within one year note


2022
£

2021
£
Bank loans and overdrafts 5,869 5,839
Total 5,869 5,839

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

7.Creditors: amounts falling due after more than one year


2022
£

2021
£
Bank loans and overdrafts 23,938 27,155
Other creditors 5,296
Total 29,234 27,155

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

8. Revaluation reserve


2022
£
Surplus or deficit after revaluation 44,472
Balance at 31 March 2022 44,472