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REGISTERED NUMBER: 12519173 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

LMH Estates Ltd

LMH Estates Ltd (Registered number: 12519173)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LMH Estates Ltd

Company Information
for the Year Ended 31 March 2022







DIRECTOR: Miss L M White





REGISTERED OFFICE: Unit 1
Ashton Farm
4 High Street
Rotherham
South Yorkshire
S66 7AL





REGISTERED NUMBER: 12519173 (England and Wales)






LMH Estates Ltd (Registered number: 12519173)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,258 1,922

CURRENT ASSETS
Stocks 263,542 -
Debtors 5 217,768 209,431
Cash at bank 355 537
481,665 209,968
CREDITORS
Amounts falling due within one year 6 115,610 60,792
NET CURRENT ASSETS 366,055 149,176
TOTAL ASSETS LESS CURRENT
LIABILITIES

401,313

151,098

CREDITORS
Amounts falling due after more than one
year

7

(226,163

)

(42,500

)

PROVISIONS FOR LIABILITIES (6,699 ) -
NET ASSETS 168,451 108,598

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 168,450 108,597
SHAREHOLDERS' FUNDS 168,451 108,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

LMH Estates Ltd (Registered number: 12519173)

Balance Sheet - continued
31 March 2022


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 6 September 2022 and were signed by:





Miss L M White - Director


LMH Estates Ltd (Registered number: 12519173)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

LMH Estates Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

LMH Estates Ltd (Registered number: 12519173)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 2,406
Additions 41,675
Disposals (2,200 )
At 31 March 2022 41,881
DEPRECIATION
At 1 April 2021 484
Charge for year 6,139
At 31 March 2022 6,623
NET BOOK VALUE
At 31 March 2022 35,258
At 31 March 2021 1,922

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 39,475
At 31 March 2022 39,475
DEPRECIATION
Charge for year 5,472
At 31 March 2022 5,472
NET BOOK VALUE
At 31 March 2022 34,003

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 146,386 76,388
Other debtors 71,382 133,043
217,768 209,431

LMH Estates Ltd (Registered number: 12519173)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 9,716 7,500
Hire purchase contracts 8,484 -
Trade creditors 49,411 1,538
Taxation and social security 46,289 30,054
Other creditors 1,710 21,700
115,610 60,792

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Bank loans 33,888 42,500
Hire purchase contracts 27,275 -
Other creditors 165,000 -
226,163 42,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 165,000 -

Repayable by instalments
Bank loans more 5 yr by instal - 2,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 April 2021 108,597
Profit for the year 128,664
Dividends (68,811 )
At 31 March 2022 168,450

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in debtors is £47,475 (2021: £128,811) in respect of a loan to the director. Interest is charged on the loan at 2% per annum with no fixed repayment terms.