Company Registration No. 00723540 (England and Wales)
E.J.LANCASTER LIMITED
Unaudited accounts
for the year ended 28 February 2023
E.J.LANCASTER LIMITED
Unaudited accounts
Contents
E.J.LANCASTER LIMITED
Company Information
for the year ended 28 February 2023
Directors
William Sutton
Catherine Sutton
Company Number
00723540 (England and Wales)
Registered Office
UNIT 2 THE OLD STATION YARD 186
WOOD STREET
LONDON
E17 3NA
Accountants
NRM Accountancy Services Ltd
70 Wood Street
Walthamstow
London
E17 3HT
E.J.LANCASTER LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
15,274
18,627
Cash at bank and in hand
39,628
31,439
Creditors: amounts falling due within one year
(63,055)
(53,749)
Net current assets
83,431
85,038
Called up share capital
1,000
1,000
Profit and loss account
97,705
102,665
Shareholders' funds
98,705
103,665
For the year ending 28 February 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 20 July 2023 and were signed on its behalf by
William Sutton
Director
Company Registration No. 00723540
E.J.LANCASTER LIMITED
Notes to the Accounts
for the year ended 28 February 2023
E.J.LANCASTER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00723540. The registered office is UNIT 2 THE OLD STATION YARD 186, WOOD STREET, LONDON, E17 3NA.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% reducing balance basis
Motor vehicles
18% reducing balance basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
85,401
8,999
94,400
At 28 February 2023
85,401
8,999
94,400
At 1 March 2022
68,283
7,490
75,773
Charge for the year
3,081
272
3,353
At 28 February 2023
71,364
7,762
79,126
At 28 February 2023
14,037
1,237
15,274
At 28 February 2022
17,118
1,509
18,627
Amounts falling due within one year
Other debtors
38,187
45,337
E.J.LANCASTER LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,800
6,800
Trade creditors
38,863
29,887
Taxes and social security
14,642
14,812
7
Average number of employees
During the year the average number of employees was 14 (2022: 14).