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Company Registration No. 11577520 (England and Wales)
Lyall Consultants Ltd Unaudited accounts for the year ended 28 February 2023
Lyall Consultants Ltd Unaudited accounts Contents
Page
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Lyall Consultants Ltd Company Information for the year ended 28 February 2023
Director
Ms Sheena Lyall
Company Number
11577520 (England and Wales)
Registered Office
9 BEVERLEY ROAD HENFIELD WEST SUSSEX BN5 9FP UNITED KINGDOM
Accountants
Stoke Newington Accountants & Tax Consultants Ltd 3-4 Baird Road Enfield Middlesex EN1 1SJ
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Lyall Consultants Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,667 
25,282 
Current assets
Debtors
8,522 
15,514 
Cash at bank and in hand
94,759 
112,627 
103,281 
128,141 
Creditors: amounts falling due within one year
(21,475)
(49,717)
Net current assets
81,806 
78,424 
Net assets
111,473 
103,706 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
111,373 
103,606 
Shareholders' funds
111,473 
103,706 
For the year ending 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 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 10 October 2023 and were signed on its behalf by
Ms Sheena Lyall Director Company Registration No. 11577520
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Lyall Consultants Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Lyall Consultants Ltd is a private company, limited by shares, registered in England and Wales, registration number 11577520. The registered office is 9 BEVERLEY ROAD, HENFIELD, WEST SUSSEX, BN5 9FP, UNITED KINGDOM.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
22,433 
1,507 
2,422 
26,362 
Additions
3,418 
1,640 
- 
5,058 
At 28 February 2023
25,851 
3,147 
2,422 
31,420 
Depreciation
At 1 March 2022
- 
477 
603 
1,080 
Charge for the year
- 
400 
273 
673 
At 28 February 2023
- 
877 
876 
1,753 
Net book value
At 28 February 2023
25,851 
2,270 
1,546 
29,667 
At 28 February 2022
22,433 
1,030 
1,819 
25,282 
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Lyall Consultants Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,200 
15,360 
Other debtors
1,322 
154 
8,522 
15,514 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,132 
5,788 
Trade creditors
1,541 
1,466 
Taxes and social security
9,221 
15,607 
Loans from directors
1,799 
25,077 
Accruals
6,782 
1,779 
21,475 
49,717 
7
Transactions with related parties
At the balance sheet date, where the director held controlling interests, the company owed to the director £1,799.
8
Controlling party
The company's ultimate controlling party is Ms Sheena Lyall by virtue of his ownership of 100% of the issued share capital in the company.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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