Liftman (UK) Limited


Directors	Carolyn Joyce Stokes
	Jonathan Frederick Stokes


Registered Number	09084057 (England and Wales)

Balance Sheet as at
30 June 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	5		116,719		90,068
			116,719		90,068
Current assets
Stocks	6	240		140
Debtors	7	24,674		20,963
Cash at bank and on hand		42,034		46,777
		66,948		67,880
Creditors amounts falling due within one year	8	(37,168)		(22,596)
Net current assets (liabilities)			29,780		45,284
Total assets less current liabilities			146,499		135,352
Creditors amounts falling due after one year	9		-		(3,614)
Net assets			146,499		131,738
Capital and reserves
Called up share capital			2		2
Profit and loss account			146,497		131,736
Shareholders' funds			146,499		131,738

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 21 September 2023, and are signed on its behalf by:

Jonathan Frederick Stokes
Director
Registered Company No. 09084057

Liftman (UK) Limited

Notes to the Financial Statements
for the year ended 30 June 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Turnover policy
	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.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks policy
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4.	Employee information


		2023		2022
	Average number of employees during the year	2		2

5.	Property, plant and equipment

	Land & buildings	Plant & machinery	Vehicles	Total
	£	£	£	£
Cost or valuation
At 01 July 22	8,073	105,343	52,491	165,907
Additions	-	658	75,675	76,333
Disposals	-	-	(51,168)	(51,168)
At 30 June 23	8,073	106,001	76,998	191,072
Depreciation and impairment
At 01 July 22	-	45,090	30,749	75,839
Charge for year	-	9,137	18,958	28,095
On disposals	-	-	(29,581)	(29,581)
At 30 June 23	-	54,227	20,126	74,353
Net book value
At 30 June 23	8,073	51,774	56,872	116,719
At 30 June 22	8,073	60,253	21,742	90,068

6.	Stocks

	2023	2022
	£	£
Raw materials and consumables	240	140
Total	240	140

7.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	20,652	15,718
Other debtors	-	2,042
Prepayments and accrued income	4,022	3,203
Total	24,674	20,963

8.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	1,534	1,725
Taxation and social security	11,553	10,159
Other creditors	22,091	8,862
Accrued liabilities and deferred income	1,990	1,850
Total	37,168	22,596

9.	Creditors after one year

10.	Finance lease and HP contracts after one year

		2023		2022
		£		£
	Finance lease and HP contracts	-		3,614