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REGISTERED NUMBER: 11969686 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

L Firth Limited

L Firth Limited (Registered number: 11969686)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


L Firth Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Mrs L Firth





REGISTERED OFFICE: 2 Borough Street
Kegworth
Derby
Derbyshire
DE74 2FF





REGISTERED NUMBER: 11969686 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

L Firth Limited (Registered number: 11969686)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25 50

CURRENT ASSETS
Debtors 5 56,542 36,072
Cash at bank 234,424 181,659
290,966 217,731
CREDITORS
Amounts falling due within one year 6 38,765 38,232
NET CURRENT ASSETS 252,201 179,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

252,226

179,549

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 252,225 179,548
SHAREHOLDERS' FUNDS 252,226 179,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:





Mrs L Firth - Director


L Firth Limited (Registered number: 11969686)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

L Firth 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 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.
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2022
and 30 April 2023 125
DEPRECIATION
At 1 May 2022 75
Charge for year 25
At 30 April 2023 100
NET BOOK VALUE
At 30 April 2023 25
At 30 April 2022 50

L Firth Limited (Registered number: 11969686)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 11,034
Directors' current accounts 55,588 13,747
Prepayments and accrued income 954 11,291
56,542 36,072

Other than stated above, no other amounts directly / indirectly relate to director / shareholder.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 204
Tax 25,104 28,376
Social security and other taxes - 1,898
VAT 12,527 6,770
Accruals and deferred income 1,134 984
38,765 38,232

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2023 and 30 April 2022:

2023 2022
£    £   
Mrs L Firth
Balance outstanding at start of year 13,747 -
Amounts advanced 86,254 47,382
Amounts repaid (44,413 ) (33,635 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 55,588 13,747

The overdrawn loan account was cleared within nine months of the year end. The loan balance has been charged interest at a rate of 2% to 5th April 2023, and 2.25% thereafter.