Company Registration No. 08382317 (England and Wales)
Lomas Enterprises Limited
Unaudited accounts
for the year ended 31 January 2023
Lomas Enterprises Limited
Unaudited accounts
Contents
Lomas Enterprises Limited
Company Information
for the year ended 31 January 2023
Directors
WG Lomas
Paula Lomas
Company Number
08382317 (England and Wales)
Registered Office
61 Albert St
Rugby
Warwks
CV21 2SN
Accountants
Express Accounts
61 Albert Street
Rugby
CV21 2SN
Lomas Enterprises Limited
Statement of financial position
as at 31 January 2023
Tangible assets
37,718
37,411
Cash at bank and in hand
65,253
58,106
Creditors: amounts falling due within one year
(89,173)
(79,707)
Net current liabilities
(13,882)
(13,047)
Called up share capital
2
1
Profit and loss account
23,834
24,363
Shareholders' funds
23,836
24,364
For the year ending 31 January 2023 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2023 and were signed on its behalf by
WG Lomas
Director
Company Registration No. 08382317
Lomas Enterprises Limited
Notes to the Accounts
for the year ended 31 January 2023
Lomas Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 08382317. The registered office is 61 Albert St, Rugby, Warwks, CV21 2SN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2022
18,500
65,934
84,434
At 31 January 2023
18,500
74,529
93,029
At 1 February 2022
4,625
42,398
47,023
Charge for the year
3,469
4,819
8,288
At 31 January 2023
8,094
47,217
55,311
At 31 January 2023
10,406
27,312
37,718
At 31 January 2022
13,875
23,536
37,411
Lomas Enterprises Limited
Notes to the Accounts
for the year ended 31 January 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
38,676
45,000
Trade creditors
4,923
7,276
Taxes and social security
30,392
17,978
Loans from directors
15,182
9,453
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).