LAVENDER LINE LIMITED

Company Registration Number:
02593836 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

LAVENDER LINE LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LAVENDER LINE LIMITED

Company Information

for the Period Ended 31 January 2023




Director: Richard Hingley
Christopher Mark Chamberlain
Keith Burgess
Registered office: Isfield Station
Station Road Isfield
Uckfield
East Sussex
TN22 5XB
Company Registration Number: 02593836 (England and Wales)

LAVENDER LINE LIMITED

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Richard Hingley
Christopher Mark Chamberlain
Keith Burgess

This report was approved by the board of directors on 22 October 2023
And Signed On Behalf Of The Board By:

Name: Richard Hingley
Status: Director

LAVENDER LINE LIMITED

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 23,758 28,225
Cost of sales ( 11,082 ) ( 13,594 )
Gross Profit or (Loss) 19,343 31,929
Income from coronavirus (COVID-19) business support grants 6,667 17,298
Administrative Expenses ( 38,781 ) ( 56,800 )
Operating Profit or (Loss) ( 19,438 ) ( 24,871 )
Profit or (Loss) Before Tax ( 19,438 ) ( 24,871 )
Tax on Profit 2,207 ( 1,256 )
Profit or (Loss) for Period ( 17,231 ) ( 26,127 )

The notes form part of these financial statements

LAVENDER LINE LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 576,608 587,602
Total fixed assets: 576,608 587,602
Current assets
Stocks: 3,400 3,400
Debtors: 5 1,133 722
Cash at bank and in hand: 16,448 21,890
Total current assets: 20,981 26,012
Creditors: amounts falling due within one year: 6 ( 11,571 ) ( 14,399 )
Net current assets (liabilities): 9,410 11,613
Total assets less current liabilities: 586,018 599,215
Creditors: amounts falling due after more than one year: 7 ( 15,464 ) ( 9,225 )
Provision for liabilities: ( 73,155 ) ( 75,362 )
Total net assets (liabilities): 497,399 514,628

The notes form part of these financial statements

LAVENDER LINE LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 379,082 379,082
Revaluation reserve: 8 277,497 277,497
Profit and loss account: ( 159,180 ) ( 141,951 )
Shareholders funds: 497,399 514,628

For the year ending 31 January 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 22 October 2023
And Signed On Behalf Of The Board By:

Name: Richard Hingley
Status: Director

The notes form part of these financial statements

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

    Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Freehold Property:0%
    Fittings, fixtures and equipment:15% reducing balance
    Track and Ballast: 15% reducing balance
    Rolling Stock: 5% reducing balance

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Land & buildings Plant & machinery Total
Cost £ £ £
At 01 February 2022 500,000 169,168 669,168
Additions - 4,390 4,390
Disposals - ( 9,139 ) ( 9,139 )
Revaluations - - -
Transfers - - -
At 31 January 2023 500,000 164,419 664,419
Depreciation
At 01 February 2022 - 81,566 81,566
Charge for year - 9,156 9,156
On disposals - ( 2,911 ) ( 2,911 )
Other adjustments - - -
At 31 January 2023 - 87,811 87,811
Net book value
At 31 January 2023 500,000 76,608 576,608
At 31 January 2022 500,000 87,602 587,602

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Trade debtors 312
Other debtors 821 722
Total 1,133 722

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 3,926 8,241
Other creditors 7,645 6,158
Total 11,571 14,399

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

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


2023
£

2022
£
Other creditors 15,464 9,225
Total 15,464 9,225

LAVENDER LINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

8. Revaluation reserve


2023
£
Balance at 01 February 2022 277,497
Surplus or deficit after revaluation 0
Balance at 31 January 2023 277,497