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Registered number: 13083372
LRF TRANS LTD
Unaudited Financial Statements
For the Period 15 December 2020 to 31 December 2021
Sparks Accounting

Burgan House First Floor
8 - 10 East Street
Havant
Hampshire
PO9 1AQ
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13083372
31 December 2021
Notes £ £
CURRENT ASSETS
Debtors 3 528
528
NET CURRENT ASSETS (LIABILITIES) 528
TOTAL ASSETS LESS CURRENT LIABILITIES 528
NET ASSETS 528
CAPITAL AND RESERVES
Called up share capital 4 1
Profit and Loss Account 527
SHAREHOLDERS' FUNDS 528
For the period ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Florian-Vasile IANC
Director
14/09/2022
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL
-
3. Debtors
31 December 2021
£
Due within one year
Director's loan account 528
528
4. Share Capital
31 December 2021
Allotted, Called up and fully paid 1
5. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
6. General Information
LRF TRANS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13083372 . The registered office is 17 Wheatfield Road, Luton, LU4 0TP.
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