Company Registration No. 10836431 (England and Wales)
L & R International Ltd
Unaudited accounts
for the year ended 31 August 2023
L & R International Ltd
Unaudited accounts
Contents
L & R International Ltd
Company Information
for the year ended 31 August 2023
Directors
Laura Ford
Richard Oakes
Company Number
10836431 (England and Wales)
Registered Office
254 Sandbanks Road
Lilliput
Poole
Dorset
BH14 8HA
Accountants
Paul Telling
5 The Pantiles
Victoria Road
Fordingbridge
Hampshire
SP6 1DQ
L & R International Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
100,220
17,855
Cash at bank and in hand
26,075
59,888
Creditors: amounts falling due within one year
(23,054)
(28,385)
Net current assets
8,621
40,098
Total assets less current liabilities
108,841
57,953
Creditors: amounts falling due after more than one year
(130,221)
(35,741)
Net (liabilities)/assets
(21,380)
22,212
Called up share capital
100
100
Profit and loss account
(21,480)
22,112
Shareholders' funds
(21,380)
22,212
For the 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. 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 17 November 2023 and were signed on its behalf by
Richard Oakes
Director
Company Registration No. 10836431
L & R International Ltd
Notes to the Accounts
for the year ended 31 August 2023
L & R International Ltd is a private company, limited by shares, registered in England and Wales, registration number 10836431. The registered office is 254 Sandbanks Road, Lilliput, Poole, Dorset, BH14 8HA.
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:
Land & buildings
10% Reducing Balance
Plant & machinery
20% Reducing Balance
Motor vehicles
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 September 2022
787
31,681
34,990
1,683
5,745
74,886
Additions
-
92,846
-
-
839
93,685
At 31 August 2023
787
124,527
34,990
1,683
6,584
168,571
At 1 September 2022
-
17,300
34,990
1,043
3,698
57,031
Charge for the year
-
11,320
-
-
-
11,320
At 31 August 2023
-
28,620
34,990
1,043
3,698
68,351
At 31 August 2023
787
95,907
-
640
2,886
100,220
At 31 August 2022
787
14,381
-
640
2,047
17,855
L & R International Ltd
Notes to the Accounts
for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,386
7,372
Other creditors
1,942
1,942
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
101,704
-
7
Average number of employees
During the year the average number of employees was 15 (2022: 15).