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REGISTERED NUMBER: SC262618 (Scotland)















Erik Lundberg Limited

Financial Statements For The Year Ended 31 March 2023






Erik Lundberg Limited (Registered number: SC262618)






Contents of the Financial Statements
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Erik Lundberg Limited

Company Information
For The Year Ended 31 March 2023







DIRECTOR: E Lundberg





SECRETARY: Mrs S M Lundberg





REGISTERED OFFICE: Pilgrim Cottage
Wardlaw Road
Kirkhill
Inverness
IV5 7NB





REGISTERED NUMBER: SC262618 (Scotland)





ACCOUNTANTS: The Long Partnership
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF

Erik Lundberg Limited (Registered number: SC262618)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 895 2,309

CURRENT ASSETS
Debtors 5 12,662 26,682
Cash at bank 3,137 3,300
15,799 29,982
CREDITORS
Amounts falling due within one year 6 3,409 6,032
NET CURRENT ASSETS 12,390 23,950
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,285

26,259

PROVISIONS FOR LIABILITIES 177 547
NET ASSETS 13,108 25,712

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 13,107 25,711
13,108 25,712

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 23 October 2023 and were signed by:



E Lundberg - Director


Erik Lundberg Limited (Registered number: SC262618)

Notes to the Financial Statements
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

Erik Lundberg Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on cost

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

Erik Lundberg Limited (Registered number: SC262618)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 April 2022
and 31 March 2023 9,458
DEPRECIATION
At 1 April 2022 7,149
Charge for year 1,414
At 31 March 2023 8,563
NET BOOK VALUE
At 31 March 2023 895
At 31 March 2022 2,309

5. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Trade debtors 5,906 18,217
Other debtors 256 768
6,162 18,985

Amounts falling due after more than one year:
Amounts recoverable on contract 6,500 7,697

Aggregate amounts 12,662 26,682

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security - 4,946
Other creditors 3,409 1,086
3,409 6,032