LAMBY AUTOMOTIVE PERFORMANCE LTD

Company Registration Number:
13150622 (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

LAMBY AUTOMOTIVE PERFORMANCE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

LAMBY AUTOMOTIVE PERFORMANCE LTD

Company Information

for the Period Ended 31 January 2023




Director: Jason Lamberton
Rhys Lamberton
Registered office: Mill Garage
26-28 Main Street
Caldecott
Rutland
GBR
LE16 8RS
Company Registration Number: 13150622 (England and Wales)

LAMBY AUTOMOTIVE PERFORMANCE LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 48,713 48,277
Cost of sales ( 72,083 ) ( 43,060 )
Gross Profit or (Loss) ( 23,370 ) 5,217
Distribution Costs - ( 6,909 )
Administrative Expenses ( 88,624 ) ( 42,941 )
Other operating income - 10,431
Operating Profit or (Loss) ( 111,994 ) ( 34,202 )
Profit or (Loss) Before Tax ( 111,994 ) ( 34,202 )
Profit or (Loss) for Period ( 111,994 ) ( 34,202 )

The notes form part of these financial statements

LAMBY AUTOMOTIVE PERFORMANCE LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,255 15,529
Total fixed assets: 2,255 15,529
Current assets
Stocks: 7,567 304
Debtors: 5 23,922 1,373
Cash at bank and in hand: 2,494 8,637
Total current assets: 33,983 10,314
Creditors: amounts falling due within one year: 6 ( 140,721 ) ( 29,631 )
Net current assets (liabilities): ( 106,738 ) ( 19,317 )
Total assets less current liabilities: ( 104,483 ) ( 3,788 )
Creditors: amounts falling due after more than one year: 7 ( 7,509 ) ( 30,413 )
Total net assets (liabilities): ( 111,992 ) ( 34,201 )

The notes form part of these financial statements

LAMBY AUTOMOTIVE PERFORMANCE LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 111,994 ) ( 34,203 )
Shareholders funds: ( 111,992 ) ( 34,201 )

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 30 October 2023
And Signed On Behalf Of The Board By:

Name: Jason Lamberton
Status: Director

The notes form part of these financial statements

LAMBY AUTOMOTIVE PERFORMANCE LTD

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

LAMBY AUTOMOTIVE PERFORMANCE LTD

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

LAMBY AUTOMOTIVE PERFORMANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

LAMBY AUTOMOTIVE PERFORMANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 February 2022 12,316 7,500 19,816
Additions - - -
Disposals ( 10,112 ) ( 5,245 ) ( 15,357 )
Revaluations - - -
Transfers - - -
At 31 January 2023 2,204 2,255 4,459
Depreciation
At 01 February 2022 2,204 2,083 4,287
Charge for year - 30 30
On disposals - ( 2,113 ) ( 2,113 )
Other adjustments - - -
At 31 January 2023 2,204 0 2,204
Net book value
At 31 January 2023 0 2,255 2,255
At 31 January 2022 10,112 5,417 15,529

LAMBY AUTOMOTIVE PERFORMANCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Trade debtors 23,922 1,373
Total 23,922 1,373

LAMBY AUTOMOTIVE PERFORMANCE LTD

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 15,656 1,350
Taxation and social security 357
Other creditors 124,708 28,281
Total 140,721 29,631

LAMBY AUTOMOTIVE PERFORMANCE LTD

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 7,509 30,413
Total 7,509 30,413