PTP Accounts Production v22.3.0.621 10607115 director 1.2.22 31.1.23 31.1.23 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure106071152022-01-31106071152023-01-31106071152022-02-012023-01-31106071152021-01-31106071152021-02-012022-01-31106071152022-01-3110607115ns16:EnglandWales2022-02-012023-01-3110607115ns15:PoundSterling2022-02-012023-01-3110607115ns11:Director12022-02-012023-01-3110607115ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3110607115ns11:SmallEntities2022-02-012023-01-3110607115ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3110607115ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3110607115ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3110607115ns11:FullAccounts2022-02-012023-01-311060711512022-02-012023-01-3110607115ns11:RegisteredOffice2022-02-012023-01-3110607115ns6:CurrentFinancialInstruments2023-01-3110607115ns6:CurrentFinancialInstruments2022-01-3110607115ns6:ShareCapital2023-01-3110607115ns6:ShareCapital2022-01-3110607115ns6:RetainedEarningsAccumulatedLosses2023-01-3110607115ns6:RetainedEarningsAccumulatedLosses2022-01-3110607115ns6:NetGoodwill2022-02-012023-01-3110607115ns6:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110607115ns6:NetGoodwill2022-01-3110607115ns6:NetGoodwill2023-01-3110607115ns6:NetGoodwill2022-01-3110607115ns6:PlantMachinery2022-01-3110607115ns6:PlantMachinery2022-02-012023-01-3110607115ns6:PlantMachinery2023-01-3110607115ns6:PlantMachinery2022-01-3110607115ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3110607115ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3110607115ns11:Director112022-01-3110607115ns11:Director112021-01-3110607115ns11:Director112022-02-012023-01-3110607115ns11:Director112021-02-012022-01-3110607115ns11:Director112023-01-3110607115ns11:Director112022-01-31
REGISTERED NUMBER: 10607115 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

LRR Limited

LRR Limited (Registered number: 10607115)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LRR Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: D Bastin





REGISTERED OFFICE: 11 Satterley Close Witham St. Hughs
Lincoln
LN6 9QB





REGISTERED NUMBER: 10607115 (England and Wales)





ACCOUNTANTS: Astar (Advisory & Business Services) Limited
Unit 6, Five Mile Business Park
Blackthorn Way
Lincoln
Lincolnshire
LN4 1BF

LRR Limited (Registered number: 10607115)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,600 9,675
Tangible assets 5 8,796 10,467
17,396 20,142

CURRENT ASSETS
Stocks 2,500 10,000
Debtors 6 27,986 27,883
Cash in hand 1,222 449
31,708 38,332
CREDITORS
Amounts falling due within one year 7 64,455 58,421
NET CURRENT LIABILITIES (32,747 ) (20,089 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,351

)

53

CAPITAL AND RESERVES
Called up share capital 20,100 20,100
Retained earnings (35,451 ) (20,047 )
(15,351 ) 53

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LRR Limited (Registered number: 10607115)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2023 and were signed by:





D Bastin - Director


LRR Limited (Registered number: 10607115)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

LRR Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


LRR Limited (Registered number: 10607115)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 10,750
AMORTISATION
At 1 February 2022 1,075
Charge for year 1,075
At 31 January 2023 2,150
NET BOOK VALUE
At 31 January 2023 8,600
At 31 January 2022 9,675

LRR Limited (Registered number: 10607115)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 18,324
DEPRECIATION
At 1 February 2022 7,857
Charge for year 1,671
At 31 January 2023 9,528
NET BOOK VALUE
At 31 January 2023 8,796
At 31 January 2022 10,467

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 27,986 27,883

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 35,291 38,220
Trade creditors 1 1
Other creditors 29,163 20,200
64,455 58,421

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

31.1.23 31.1.22
£    £   
D Bastin
Balance outstanding at start of year - -
Amounts advanced 4,523 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,523 -