Registered Number:08260954 |
For the year ended 28 February 2023
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 28 February 2023
Load Cell Rental Ltd
Contents Page
2
Directors' Report
3
Chartered Accountants' Report
4
Income Statement
5 to 6
Statement of Financial Position and Notes to the Accounts
7 to 8
Trading and Profit and Loss Account
For the year ended 28 February 2023
Load Cell Rental Ltd
Company Information
Colin Luke (appointed on 1 July 2021)
Director
Sally Young (appointed on 22 April 2021)
08260954
5 Albert House
Knap Close
Letchworth
Hertfordshire
SG6 1AQ
Peter Geary Management Ltd
Accountants
31 Church Street
Bishops Castle
SY9 5AD
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For the year ended 28 February 2023
Load Cell Rental Ltd
Directors' Report
The directors present their reporrt and financial statements for the year ended 31 March 2020.
The principal activity of the company continued to be that of providing a weight and load monitoring service and equipment rental for theentertainment industry. |
Directors
The directors who served the company throughout the year were as follows:
Colin Luke
Sally Young
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
09 November 2023
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For the year ended 28 February 2023
Load Cell Rental Ltd
Chartered Accountants' Report
Chartered Accountants' report to the Directors on the preparation of the unaudited statutory accounts of Load |
Cell Rental Ltd for the year ended 28 February 2023 |
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts |
of Load Cell Rental Ltd for the year ended 28 February 2023 which comprise the Income Statement, the Statement of |
Financial Position and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its |
ethical and other professional requirements which are detailed at |
icaew.com/en/members/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Load Cell Rental Ltd, as a body, in accordance with the terms of |
our engagement letter dated 13 April 2023. Our work has been undertaken solely to prepare for your approval the |
accounts of Load Cell Rental Ltd and state those matters that we have agreed to state to the Board of Directors of |
Load Cell Rental Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest |
extent permitted by law, we do not accept or assume responsibility to anyone other than Load Cell Rental Ltd and its |
Board of Directors as a body for our work or for this report. |
It is your duty to ensure that Load Cell Rental Ltd has kept adequate accounting records to prepare statutory accounts |
that give a true and fair view of the assets, liabilities, financial position and loss of Load Cell Rental Ltd. You consider |
that Load Cell Rental Ltd is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the accounts of Load Cell Rental Ltd. For this reason, |
we have not verified the accuracy or completeness of the accounting records or information and explanations you |
have given to us and we do not, therefore, express any opinion on the statutory accounts. |
Peter Geary Management Ltd
31 Church Street
Bishops Castle
SY9 5AD
09 November 2023
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For the year ended 28 February 2023
Load Cell Rental Ltd
Income Statement
2022
2023
271,415
74,805
-
8,984
Cost of raw materials and consumables |
(37)
(335)
(88,584)
(54,359)
Depreciation and other amounts written off assets |
(20,916)
(15,668)
(177,609)
(47,556)
-
4,281
(15,731)
(29,848)
Loss for the financial year
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Load Cell Rental Ltd
Statement of Financial Position and Notes to the Accounts
2022
2023
62,747
13,914
182,668
259,564
Prepayments and accrued income |
3,351
2,689
Creditors: amounts falling due |
(21,647)
(22,095)
240,606
163,924
Net current assets
Total assets less current liabilities |
226,671
254,520
Creditors: amounts falling due |
(32,016)
(22,373)
Accruals and deferred income |
(3,300)
(5,775)
200,998
Net assets
216,729
200,998
216,729
Statutory Information
Load Cell Rental Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08260954. |
5 Albert House
Knap Close
Letchworth
Hertfordshire
SG6 1AQ
The presentation currency is £ sterling. |
1. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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For the year ended 28 February 2023
Load Cell Rental Ltd
Statement of Financial Position and Notes to the Accounts Continued
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006. |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
These financial statements have been prepared in accordance with the micro-entities provisions. |
These financial statements were approved and authorised for issue by the Board on 09 November 2023 and were signed by: |
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For the year ended 28 February 2023
Load Cell Rental Ltd
Trading and Profit and Loss Account
2022
2023
Turnover
74,805
271,415
Domestic Sales
Cost of Sales
37
335
Purchases
4,369
105
Sub Contractors
8,339
1,255
Carriage
(12,745)
(1,695)
258,670
Gross Profit
73,110
Selling and Distribution Costs
4,461
-
Entertainment
(4,461)
-
Administrative Expenses
31,700
20,606
Wages & Salaries
4,162
1,236
PAYE & NI Contributions
2,639
1,310
Pension Contributions
-
718
Staff Recruitment & Welfare
50,083
30,489
Directors Salaries
3,334
3,184
Accountancy Fees
8,990
2,620
Bookkeeping Fees
152
8,180
Legal and Professional fees |
(allowable) |
20,459
6,723
Rent
1,197
316
Light, Heat & Power
804
-
Property Maintenance (allowable)
84,308
16,203
General Travel Expenses
115
60
Bank Charges
-
60
Credit Card Charges
4
-
Exchange Rate Losses/Gains
20,916
15,668
Depreciation Charge
1,910
-
Advertising
5,220
2,192
General Insurance
884
963
Computer Expenses
23,144
1,442
Repairs & Renewals
2,884
2,123
Stationery, Postage & Office Supplies
3,881
1,034
Telephone, Fax & Internet
-
222
Equipment Hire
2,148
-
Sundry Expenses
(268,934)
(115,349)
Operating Loss
(14,725)
(42,239)
Other Operating Income
-
224
Government Grants
-
8,760
Coronavirus JRS Grants
-
8,984
Interest Payable & Similar Charges
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For the year ended 28 February 2023
Load Cell Rental Ltd
Trading and Profit and Loss Account Continued
1,006
874
Bank & Loan Interest
(1,006)
(874)
(34,129)
(15,731)
Loss before Taxation
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