1 July 2022 false Taxfiler 2023.10 05147370business:PrivateLimitedCompanyLtd2022-07-012023-06-30 051473702022-06-30 051473702022-07-012023-06-30 05147370business:AuditExemptWithAccountantsReport2022-07-012023-06-30 05147370business:FilletedAccounts2022-07-012023-06-30 051473702023-06-30 05147370business:Director12022-07-012023-06-30 05147370business:RegisteredOffice2022-07-012023-06-30 051473702022-06-30 05147370core:WithinOneYear2023-06-30 05147370core:WithinOneYear2022-06-30 05147370core:AfterOneYear2023-06-30 05147370core:AfterOneYear2022-06-30 05147370core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 05147370core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 05147370core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 05147370core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 05147370core:PreviouslyStatedAmount2023-06-30 05147370core:PreviouslyStatedAmount2022-06-30 05147370business:SmallEntities2022-07-012023-06-30 05147370countries:EnglandWales2022-07-012023-06-30 05147370core:MotorVehicles2022-07-012023-06-30 05147370core:ComputerEquipment2022-07-012023-06-30 05147370core:MotorVehicles2022-06-30 05147370core:ComputerEquipment2022-06-30 05147370core:MotorVehicles2023-06-30 05147370core:ComputerEquipment2023-06-30 05147370business:OrdinaryShareClass12022-07-012023-06-30 05147370business:OrdinaryShareClass12021-07-012022-06-30 05147370core:BetweenOneFiveYears2023-06-30 05147370core:BetweenOneFiveYears2022-06-30 051473702021-07-012022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05147370 (England and Wales)
LILTRANS LIMITED Unaudited accounts for the year ended 30 June 2023
LILTRANS LIMITED Unaudited accounts Contents
Page
- 2 -
LILTRANS LIMITED Company Information for the year ended 30 June 2023
Director
TRACY EDWARDS
Company Number
05147370 (England and Wales)
Registered Office
18 HARRIS WAY, LEE MILL BRIDGE NR IVYBRIDGE DEVON PL21 9EU
Accountants
MCADAM & CO LTD 36 Highglen Drive Plymouth PL7 5LA
- 3 -
LILTRANS LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
172,251 
121,488 
Current assets
Debtors
128,791 
112,462 
Cash at bank and in hand
83,246 
56,490 
212,037 
168,952 
Creditors: amounts falling due within one year
(172,098)
(108,232)
Net current assets
39,939 
60,720 
Total assets less current liabilities
212,190 
182,208 
Creditors: amounts falling due after more than one year
(162,603)
(132,800)
Net assets
49,587 
49,408 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
49,487 
49,308 
Shareholders' funds
49,587 
49,408 
For the year ending 30 June 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 director acknowledges her 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 and authorised for issue on 31 October 2023 and were signed on its behalf by
TRACY EDWARDS Director Company Registration No. 05147370
- 4 -
LILTRANS LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
LILTRANS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05147370. The registered office is 18 HARRIS WAY, LEE MILL BRIDGE, NR IVYBRIDGE, DEVON, PL21 9EU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% RB
Computer equipment
100%
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
LILTRANS LIMITED Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
180,510 
- 
180,510 
Additions
88,575 
807 
89,382 
At 30 June 2023
269,085 
807 
269,892 
Depreciation
At 1 July 2022
59,022 
- 
59,022 
Charge for the year
37,812 
807 
38,619 
At 30 June 2023
96,834 
807 
97,641 
Net book value
At 30 June 2023
172,251 
- 
172,251 
At 30 June 2022
121,488 
- 
121,488 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
120,241 
103,962 
Other debtors
8,550 
8,500 
128,791 
112,462 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
36,540 
27,873 
Taxes and social security
72,343 
42,397 
Loans from directors
62,415 
37,187 
Accruals
800 
775 
172,098 
108,232 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
39,352 
44,907 
Obligations under finance leases and hire purchase contracts
123,251 
87,893 
162,603 
132,800 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
- 6 -
LILTRANS LIMITED Notes to the Accounts for the year ended 30 June 2023
9
Operating lease commitments
2023 
2022 
£ 
£ 
At 30 June 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
4 
4 
10
Average number of employees
During the year the average number of employees was 28 (2022: 16).
- 7 -