L&B SOLID SURFACES LIMITED

Company Registration Number:
07943102 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

L&B SOLID SURFACES LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

L&B SOLID SURFACES LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Brett Oates
Leon Shaw
Registered office: Units 10&11
Hoyland Road
Sheffield
S3 8AB
Company Registration Number: 07943102 (England and Wales)

L&B SOLID SURFACES LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Brett Oates
Leon Shaw

This report was approved by the board of directors on 16 October 2023
And Signed On Behalf Of The Board By:

Name: Brett Oates
Status: Director

L&B SOLID SURFACES LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 6,724 7,993
Total fixed assets: 6,724 7,993
Current assets
Stocks: 27,999 24,872
Debtors: 5 24,574 35,311
Cash at bank and in hand: 82,604 93,804
Total current assets: 135,177 153,987
Prepayments and accrued income: 0 3,134
Creditors: amounts falling due within one year: 6 ( 8,599 ) ( 22,359 )
Net current assets (liabilities): 126,578 134,762
Total assets less current liabilities: 133,302 142,755
Creditors: amounts falling due after more than one year: 7 ( 5,257 ) ( 5,257 )
Total net assets (liabilities): 128,045 137,498

The notes form part of these financial statements

L&B SOLID SURFACES LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 128,025 137,478
Shareholders funds: 128,045 137,498

For the year ending 28 February 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 16 October 2023
And Signed On Behalf Of The Board By:

Name: Brett Oates
Status: Director

The notes form part of these financial statements

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 March 2022 23,821 156 1,228 15,115 40,320
Additions - - - - -
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 28 February 2023 23,821 156 1,228 15,115 40,320
Depreciation
At 01 March 2022 18,008 66 707 13,546 32,327
Charge for year 840 19 74 336 1,269
On disposals - - - - -
Other adjustments - - - - -
At 28 February 2023 18,848 85 781 13,882 33,596
Net book value
At 28 February 2023 4,973 71 447 1,233 6,724
At 28 February 2022 5,813 90 521 1,569 7,993

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Trade debtors 19,705 29,095
Other debtors 4,869 6,216
Total 24,574 35,311
Debtors due after more than one year: 1,000 1,000

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 5,782 15,452
Taxation and social security 2,817 6,907
Total 8,599 22,359

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 5,257 5,257
Total 5,257 5,257

DIRECTORS' ADVANCE, CREDIT AND GUARANTEES
At the reporting date the company was indebted to it's directors in the sum of £5,257 (2022 - £5,257)
There are no formal repayment terms attached to these loans and interest is not being charged.