Company Registration No. 10137172 (England and Wales)
LEM (Kent) Limited
Unaudited accounts
for the year ended 30 June 2023
LEM (Kent) Limited
Unaudited accounts
Contents
LEM (Kent) Limited
Company Information
for the year ended 30 June 2023
Directors
Paul Rooney
Lisa Rooney
Company Number
10137172 (England and Wales)
Registered Office
Diana House,Bonham Drive
Eurolink Industrial Estate
Sittingbourne
Kent
ME10 3RR
ENGLAND
LEM (Kent) Limited
Statement of financial position
as at 30 June 2023
Inventories
149,584
195,638
Cash at bank and in hand
6,268
27,545
Creditors: amounts falling due within one year
(63,290)
(46,830)
Net current assets
217,855
248,420
Total assets less current liabilities
246,243
248,420
Provisions for liabilities
Net assets
239,146
248,420
Called up share capital
2,100
2,100
Profit and loss account
237,046
246,320
Shareholders' funds
239,146
248,420
For the year ending 30 June 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 17 October 2023 and were signed on its behalf by
Paul Rooney
Director
Company Registration No. 10137172
LEM (Kent) Limited
Notes to the Accounts
for the year ended 30 June 2023
LEM (Kent) Limited is a private company, limited by shares, registered in England and Wales, registration number 10137172. The registered office is Diana House,Bonham Drive, Eurolink Industrial Estate, Sittingbourne, Kent, ME10 3RR, ENGLAND.
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:
Fixtures & fittings
3 Years
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
15,000
17,120
32,120
At 30 June 2023
15,000
17,120
32,120
Charge for the year
1,500
2,232
3,732
At 30 June 2023
1,500
2,232
3,732
At 30 June 2023
13,500
14,888
28,388
Amounts falling due within one year
Trade debtors
94,946
28,280
Other debtors
30,000
16,991
LEM (Kent) Limited
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
28,187
17,790
Taxes and social security
(5,286)
25,324
Loans from directors
38,999
-
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).