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REGISTERED NUMBER: 08632791 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

LP CENTRE LIMITED

LP CENTRE LIMITED (REGISTERED NUMBER: 08632791)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LP CENTRE LIMITED

Company Information
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Mr Ozgur Alper Altuncevahir





REGISTERED OFFICE: 293 Green Lanes
Palmers Green
London
N13 4XS





REGISTERED NUMBER: 08632791 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

LP CENTRE LIMITED (REGISTERED NUMBER: 08632791)

Balance Sheet
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,972 5,196

CURRENT ASSETS
Debtors 5 4,671 5,515
Cash at bank and in hand 55,493 58,160
60,164 63,675
CREDITORS
Amounts falling due within one year 6 37,814 39,543
NET CURRENT ASSETS 22,350 24,132
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,322

29,328

PROVISIONS FOR LIABILITIES 7 686 987
NET ASSETS 28,636 28,341

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 27,636 27,341
28,636 28,341

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 26 October 2023 and were signed by:



Mr Ozgur Alper Altuncevahir - Director


LP CENTRE LIMITED (REGISTERED NUMBER: 08632791)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

LP Centre 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 represents invoiced sales of goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 September 2022 26,373 - 984 27,357
Additions - 4,100 - 4,100
At 31 August 2023 26,373 4,100 984 31,457
DEPRECIATION
At 1 September 2022 21,251 - 910 22,161
Charge for year 1,281 1,025 18 2,324
At 31 August 2023 22,532 1,025 928 24,485
NET BOOK VALUE
At 31 August 2023 3,841 3,075 56 6,972
At 31 August 2022 5,122 - 74 5,196

LP CENTRE LIMITED (REGISTERED NUMBER: 08632791)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 4,236 2,596
Other debtors 435 2,919
4,671 5,515

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 26,345 30,275
Trade creditors 1,034 1,865
Taxation and social security 5,435 7,403
Other creditors 5,000 -
37,814 39,543

7. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£    £   
Deferred tax 686 987

Deferred
tax
£   
Balance at 1 September 2022 987
Provided during year (301 )
Balance at 31 August 2023 686

8. ULTIMATE CONTROLLING PARTY



The company was under the control of Mr O A Altuncevahir throughout the current financial period under review by the virtue of his 100% shareholding.