Lifting Supplies Limited 06676022 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is the sale of lifting equipment although there were no orders this period. Digita Accounts Production Advanced 6.30.9574.0 true true 06676022 2022-09-01 2023-08-31 06676022 2023-08-31 06676022 bus:OrdinaryShareClass1 2023-08-31 06676022 core:OtherPropertyPlantEquipment 2023-08-31 06676022 bus:SmallEntities 2022-09-01 2023-08-31 06676022 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 06676022 bus:FullAccounts 2022-09-01 2023-08-31 06676022 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 06676022 bus:RegisteredOffice 2022-09-01 2023-08-31 06676022 bus:CompanySecretary1 2022-09-01 2023-08-31 06676022 bus:Director1 2022-09-01 2023-08-31 06676022 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 06676022 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06676022 core:PlantMachinery 2022-09-01 2023-08-31 06676022 countries:AllCountries 2022-09-01 2023-08-31 06676022 2022-08-31 06676022 core:OtherPropertyPlantEquipment 2022-08-31 06676022 2021-09-01 2022-08-31 06676022 2022-08-31 06676022 bus:OrdinaryShareClass1 2022-08-31 06676022 core:OtherPropertyPlantEquipment 2022-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06676022

Lifting Supplies Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2023

 

Lifting Supplies Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Lifting Supplies Limited

Company Information

Director

Mrs D A M Gennard

Company secretary

Mr C L Gennard

Registered office

Hagley Road Business Hub
8 Hagley Road
Stourbridge
West Midlands
DY8 1PS

 

Lifting Supplies Limited

(Registration number: 06676022)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

235

235

Current assets

 

Cash at bank and in hand

 

176

176

Net assets

 

411

411

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

311

311

Shareholders' funds

 

411

411

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 November 2023
 

.........................................
Mrs D A M Gennard
Director

 

Lifting Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Hagley Road Business Hub
8 Hagley Road
Stourbridge
West Midlands
DY8 1PS

The principal place of business is:
Hagley Road Business Hub
8 Hagley Road
Stourbridge
West Midlands
DY8 1PS

These financial statements were authorised for issue by the director on 3 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 including Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

valued by directors annually

 

Lifting Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 September 2022

1,105

1,105

At 31 August 2023

1,105

1,105

Depreciation

At 1 September 2022

870

870

At 31 August 2023

870

870

Carrying amount

At 31 August 2023

235

235

At 31 August 2022

235

235

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary £1 of £1 each

100

100

100

100