Company Registration No. 10571141 (England and Wales)
LMA FLOOR SCREEDING LIMITED
Unaudited accounts
for the year ended 31 March 2023
LMA FLOOR SCREEDING LIMITED
Unaudited accounts
Contents
LMA FLOOR SCREEDING LIMITED
Company Information
for the year ended 31 March 2023
Directors
Raja Ali Kamal
Laimis Gruodis
Martynas Baranauskas
Company Number
10571141 (England and Wales)
Registered Office
66 DITTON ROAD
DATCHET
SL3 9LT
UNITED KINGDOM
Accountants
SMARTAX ACCOUNTANTS
38 Eric Road
Romford
Essex
RM6 6JJ
LMA FLOOR SCREEDING LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
82,796
108,947
Cash at bank and in hand
27,751
3,940
Creditors: amounts falling due within one year
(92,960)
(69,594)
Net current assets
103,924
42,554
Total assets less current liabilities
186,720
151,501
Creditors: amounts falling due after more than one year
(30,739)
(41,667)
Net assets
155,981
109,834
Called up share capital
99
99
Profit and loss account
155,882
109,735
Shareholders' funds
155,981
109,834
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by
Martynas Baranauskas
Director
Company Registration No. 10571141
LMA FLOOR SCREEDING LIMITED
Notes to the Accounts
for the year ended 31 March 2023
LMA FLOOR SCREEDING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10571141. The registered office is 66 DITTON ROAD, DATCHET, SL3 9LT, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
195,661
10,250
205,911
Additions
29,000
19,290
48,290
Disposals
(48,400)
-
(48,400)
At 31 March 2023
176,261
29,540
205,801
At 1 April 2022
91,895
5,069
96,964
Charge for the year
22,361
3,680
26,041
At 31 March 2023
114,256
8,749
123,005
At 31 March 2023
62,005
20,791
82,796
At 31 March 2022
103,766
5,181
108,947
LMA FLOOR SCREEDING LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
155,884
108,208
Accrued income and prepayments
13,249
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
39,067
67,121
Taxes and social security
42,560
(1,512)
Loans from directors
11,333
2,185
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 8 (2022: 5).