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Company Registration No. 06963768 (England and Wales)
LCRM Limited Unaudited accounts for the year ended 31 March 2023
LCRM Limited Unaudited accounts Contents
Page
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LCRM Limited Company Information for the year ended 31 March 2023
Directors
NT Davies VM Davies
Company Number
06963768 (England and Wales)
Registered Office
c/o Pearson & Associates Eshton Road SKIPTON North Yorkshire BD23 3SE
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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LCRM Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,925 
2,731 
Current assets
Debtors
59,355 
48,122 
Cash at bank and in hand
13,219 
21,333 
72,574 
69,455 
Creditors: amounts falling due within one year
(30,383)
(33,759)
Net current assets
42,191 
35,696 
Net assets
72,116 
38,427 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,016 
38,327 
Shareholders' funds
72,116 
38,427 
For the year ending 31 March 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 18 October 2023 and were signed on its behalf by
NT Davies Director Company Registration No. 06963768
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LCRM Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
LCRM Limited is a private company, limited by shares, registered in England and Wales, registration number 06963768. The registered office is c/o Pearson & Associates, Eshton Road, SKIPTON, North Yorkshire, BD23 3SE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
9,204 
At 31 March 2023
9,204 
Amortisation
At 1 April 2022
9,204 
At 31 March 2023
9,204 
Net book value
At 31 March 2023
- 
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LCRM Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
- 
2,000 
13,126 
15,126 
Additions
32,190 
- 
- 
32,190 
At 31 March 2023
32,190 
2,000 
13,126 
47,316 
Depreciation
At 1 April 2022
- 
1,729 
10,666 
12,395 
Charge for the year
3,353 
50 
1,593 
4,996 
At 31 March 2023
3,353 
1,779 
12,259 
17,391 
Net book value
At 31 March 2023
28,837 
221 
867 
29,925 
At 31 March 2022
- 
271 
2,460 
2,731 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
59,355 
47,272 
Accrued income and prepayments
- 
850 
59,355 
48,122 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
31,756 
59,362 
Other creditors
1,406 
24 
Loans from directors
(19,712)
(25,627)
Accruals
16,933 
- 
30,383 
33,759 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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