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REGISTERED NUMBER: 10906208 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Lambert Design and Build Limited

Lambert Design and Build Limited (Registered number: 10906208)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lambert Design and Build Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr Ross Martin Lambert
Miss Nicolette Lai Kay Tam





REGISTERED OFFICE: 47 Robsart Place
Cumnor
Oxford
Oxfordshire
OX2 9QT





REGISTERED NUMBER: 10906208 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Lambert Design and Build Limited (Registered number: 10906208)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,884 14,255

CURRENT ASSETS
Debtors 5 1,329 45,474
Cash at bank 61,688 24,710
63,017 70,184
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

(19,386

)

(46,565

)
NET CURRENT ASSETS 43,631 23,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,515

37,874

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 54,415 37,774
54,515 37,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Lambert Design and Build Limited (Registered number: 10906208)

Balance Sheet - continued
31 March 2023


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.

Approved and authorised by the Board of Directors and authorised for issue on 6 July 2023 and were signed on its behalf by:





Mr Ross Martin Lambert - Director


Lambert Design and Build Limited (Registered number: 10906208)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Lambert Design and Build Limited 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.

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.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

Lambert Design and Build Limited (Registered number: 10906208)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 37,713 1,246 13,000 51,959
Additions 2,883 216 - 3,099
At 31 March 2023 40,596 1,462 13,000 55,058
DEPRECIATION
At 1 April 2022 30,878 623 6,203 37,704
Charge for year 4,406 365 1,699 6,470
At 31 March 2023 35,284 988 7,902 44,174
NET BOOK VALUE
At 31 March 2023 5,312 474 5,098 10,884
At 31 March 2022 6,835 623 6,797 14,255

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 154 42,376
Other debtors 100 1,110
Prepayments 1,075 1,988
1,329 45,474

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 4,138
Trade creditors 8,185 6,362
Corporation tax payable 1,379 4,374
Taxes and NI due (1,578 ) (825 )
Wage control (381 ) -
VAT 5,320 5,826
Other creditors - 295
Other Creditors 2 - 20,981
Credit Card 1,717 -
Directors' loan accounts 2,981 4,019
Accrued expenses 1,763 1,395
19,386 46,565

Lambert Design and Build Limited (Registered number: 10906208)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. RESERVES
Retained
earnings
£   

At 1 April 2022 37,774
Profit for the year 16,641
At 31 March 2023 54,415