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REGISTERED NUMBER: 05387712 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

LAST TRANSMISSIONS LIMITED

LAST TRANSMISSIONS LIMITED (REGISTERED NUMBER: 05387712)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAST TRANSMISSIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: C B Last





REGISTERED OFFICE: 28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ





REGISTERED NUMBER: 05387712 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

LAST TRANSMISSIONS LIMITED (REGISTERED NUMBER: 05387712)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 63,834 54,964

CURRENT ASSETS
Stocks 84,126 87,465
Debtors 5 4,786 6,850
Cash at bank 8,101 5,119
97,013 99,434
CREDITORS
Amounts falling due within one year 6 25,807 36,893
NET CURRENT ASSETS 71,206 62,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,040

117,505

CREDITORS
Amounts falling due after more than one
year

7

-

(3,282

)

PROVISIONS FOR LIABILITIES 8 (2,190 ) (1,310 )
NET ASSETS 132,850 112,913

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 132,848 112,911
SHAREHOLDERS' FUNDS 132,850 112,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

LAST TRANSMISSIONS LIMITED (REGISTERED NUMBER: 05387712)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 November 2023 and were signed by:





C B Last - Director


LAST TRANSMISSIONS LIMITED (REGISTERED NUMBER: 05387712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Last Transmissions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

In preparing the financial statements, the director is required to make an assessment of the ability of the company to continue as a going concern. The director has considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the director is satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion he considers that no material uncertainty exists. As a result, the director has concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Turnover
Turnover represents invoices raised in respect of the maintenance and repair of motor vehicles excluding value added tax.

Turnover is recognised when the right to consideration becomes due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

LAST TRANSMISSIONS LIMITED (REGISTERED NUMBER: 05387712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 48,644 33,490 3,100
Additions 2,560 9,556 966
At 31 March 2023 51,204 43,046 4,066
DEPRECIATION
At 1 April 2022 - 30,615 1,572
Charge for year - 3,108 623
At 31 March 2023 - 33,723 2,195
NET BOOK VALUE
At 31 March 2023 51,204 9,323 1,871
At 31 March 2022 48,644 2,875 1,528

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 13,782 1,105 100,121
Additions - - 13,082
At 31 March 2023 13,782 1,105 113,203
DEPRECIATION
At 1 April 2022 11,867 1,103 45,157
Charge for year 479 2 4,212
At 31 March 2023 12,346 1,105 49,369
NET BOOK VALUE
At 31 March 2023 1,436 - 63,834
At 31 March 2022 1,915 2 54,964

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 4,786 6,850

LAST TRANSMISSIONS LIMITED (REGISTERED NUMBER: 05387712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 9,564 11,195
Taxation and social security 14,980 23,715
Other creditors 1,263 1,983
25,807 36,893

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans - 3,282

8. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax
Accelerated capital allowances 2,190 1,310

Deferred
tax
£   
Balance at 1 April 2022 1,310
Accelerated capital allowances 880
Balance at 31 March 2023 2,190

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
2 Ordinary 1 2 2

10. RESERVES
Retained
earnings
£   

At 1 April 2022 112,911
Profit for the year 34,937
Dividends (15,000 )
At 31 March 2023 132,848

11. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed its director £213 (2022: £485).

This loan is interest free and there is no fixed date for repayment.