2022-06-01 2023-05-31 false Capium Accounts Production 1.1 12015354 bus:FullAccounts 2022-06-01 2023-05-31 12015354 bus:FRS102 2022-06-01 2023-05-31 12015354 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 12015354 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 12015354 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 12015354 2022-06-01 2023-05-31 12015354 2023-05-31 12015354 bus:RegisteredOffice 2022-06-01 2023-05-31 12015354 core:WithinOneYear 2023-05-31 12015354 core:AfterOneYear 2023-05-31 12015354 bus:Director1 2022-06-01 2023-05-31 12015354 bus:Director1 2023-05-31 12015354 bus:Director1 2021-06-01 2022-05-31 12015354 bus:Director2 2022-06-01 2023-05-31 12015354 bus:Director2 2023-05-31 12015354 bus:Director2 2021-06-01 2022-05-31 12015354 2021-06-01 12015354 bus:CompanySecretary1 2022-06-01 2023-05-31 12015354 bus:LeadAgentIfApplicable 2022-06-01 2023-05-31 12015354 2021-06-01 2022-05-31 12015354 2022-05-31 12015354 core:WithinOneYear 2022-05-31 12015354 core:AfterOneYear 2022-05-31 12015354 bus:EntityAccountantsOrAuditors 2021-06-01 2022-05-31 12015354 core:FurnitureFittings 2022-06-01 2023-05-31 12015354 core:FurnitureFittings 2023-05-31 12015354 core:FurnitureFittings 2022-05-31 12015354 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 12015354 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-05-31 12015354 core:NetGoodwill 2022-06-01 2023-05-31 12015354 core:NetGoodwill 2023-05-31 12015354 core:NetGoodwill 2022-05-31 12015354 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 12015354 core:CostValuation core:Non-currentFinancialInstruments 2022-05-31 12015354 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-05-31 12015354 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-05-31 12015354 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-05-31 12015354 core:Non-currentFinancialInstruments 2023-05-31 12015354 core:Non-currentFinancialInstruments 2022-05-31 12015354 core:ShareCapital 2023-05-31 12015354 core:ShareCapital 2022-05-31 12015354 core:RetainedEarningsAccumulatedLosses 2023-05-31 12015354 core:RetainedEarningsAccumulatedLosses 2022-05-31 12015354 dpl:Item1 2022-06-01 12015354 dpl:Item1 2023-05-31 12015354 dpl:Item1 2021-06-01 12015354 dpl:Item1 2022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12015354
England and Wales

 

 

 

LM CURRY LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2022

End date: 31 May 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 3 3,400    6,800 
Tangible fixed assets 4 6,101    7,627 
9,501    14,427 
Current assets      
Stocks 5 1,035    925 
Debtors 6   691 
Cash at bank and in hand 50,675    83,219 
51,710    84,835 
Creditors: amount falling due within one year 7 (44,272)   (43,911)
Net current assets 7,438    40,924 
 
Total assets less current liabilities 16,939    55,351 
Creditors: amount falling due after more than one year 8 (25,930)   (34,384)
Accruals and deferred income   1 
Provisions for liabilities 9 (108)  
Net liabilities (9,099)   20,968 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (9,199)   20,868 
Shareholder's funds (9,099)   20,968 
 


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

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 10 November 2023 and were signed on its behalf by:


-------------------------------
Toksin AFSA
Director
1
General Information
LM CURRY LTD is a private company, limited by shares, registered in England and Wales, registration number 12015354, registration address 24 HIGH STREET, LITTLEHAMPTON , ENGLAND, BN17 5EE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognized in the statement of income, except to the extent that it relates to items recognized in other comprehensive income or directly in capital and reserves. The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 20% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 6 (2022 : 5).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 June 2022 17,000    17,000 
Additions  
Disposals  
At 31 May 2023 17,000    17,000 
Amortisation
At 01 June 2022 10,200    10,200 
Charge for year 3,400    3,400 
On disposals  
At 31 May 2023 13,600    13,600 
Net book values
At 31 May 2023 3,400    3,400 
At 31 May 2022 6,800    6,800 


4.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Total
  £   £
At 01 June 2022 13,000    13,000 
Additions  
Disposals  
At 31 May 2023 13,000    13,000 
Depreciation
At 01 June 2022 5,373    5,373 
Charge for year 1,526    1,526 
On disposals  
At 31 May 2023 6,899    6,899 
Net book values
Closing balance as at 31 May 2023 6,101    6,101 
Opening balance as at 01 June 2022 7,627    7,627 


5.

Stocks

2023
£
  2022
£
Stocks 1,035    925 
1,035    925 

6.

Debtors: amounts falling due within one year

2023
£
  2022
£
PAYE & Social Security   691 
  691 

7.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 2,189    5,664 
Corporation Tax 8,213    8,213 
PAYE & Social Security 2,851   
Directors' Current Accounts 2,420    2,420 
VAT 28,599    27,614 
44,272    43,911 

8.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts (secured) 25,930   
Bank Loans & Overdrafts   34,384 
25,930    34,384 

9.

Provisions for liabilities

2023
£
  2022
£
Pension Provisions 108   
108   

2