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Company Registration No. 13339680 (England and Wales)
L&A Air Conditioning Ltd Unaudited accounts for the year ended 30 April 2023
L&A Air Conditioning Ltd Unaudited accounts Contents
Page
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L&A Air Conditioning Ltd Company Information for the year ended 30 April 2023
Director
Lee Adams
Company Number
13339680 (England and Wales)
Registered Office
Unit C Prout Industrial Estate Point Road Canvey Island Essex SS8 7TJ United Kingdom
Accountants
Davies & Co Unit C Prout Industrial Estate Point Road Canvey Island Essex SS8 7TJ
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L&A Air Conditioning Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,549 
18,066 
Current assets
Debtors
23,558 
12,018 
Cash at bank and in hand
30,565 
7,525 
54,123 
19,543 
Creditors: amounts falling due within one year
(16,669)
(17,485)
Net current assets
37,454 
2,058 
Total assets less current liabilities
51,003 
20,124 
Creditors: amounts falling due after more than one year
(13,876)
(17,527)
Provisions for liabilities
Deferred tax
(2,575)
(3,433)
Net assets/(liabilities)
34,552 
(836)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
34,551 
(837)
Shareholders' funds
34,552 
(836)
For the year ending 30 April 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 his 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 2 June 2023 and were signed on its behalf by
Lee Adams Director Company Registration No. 13339680
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L&A Air Conditioning Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
L&A Air Conditioning Ltd is a private company, limited by shares, registered in England and Wales, registration number 13339680. The registered office is Unit C Prout Industrial Estate, Point Road, Canvey Island, Essex, SS8 7TJ, 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:
Plant & machinery
20% S/L
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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L&A Air Conditioning Ltd Notes to the Accounts for the year ended 30 April 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2022
22,583 
At 30 April 2023
22,583 
Depreciation
At 1 May 2022
4,517 
Charge for the year
4,517 
At 30 April 2023
9,034 
Net book value
At 30 April 2023
13,549 
At 30 April 2022
18,066 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
12,585 
6,747 
Trade debtors
- 
3,270 
Other debtors
10,973 
2,001 
23,558 
12,018 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,017 
4,382 
Taxes and social security
11,282 
- 
Loans from directors
445 
12,403 
Accruals
925 
700 
16,669 
17,485 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
13,876 
17,527 
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L&A Air Conditioning Ltd Notes to the Accounts for the year ended 30 April 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
2,575 
3,433 
2023 
2022 
£ 
£ 
Provision at start of year
3,433 
- 
(Credited)/charged to the profit and loss account
(858)
3,433 
Provision at end of year
2,575 
3,433 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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