06195195falsebuilding and construction works2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director22022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06195195

Lilystone Homes Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Lilystone Homes Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Mr J D Ray
Mrs S L Ray
SECRETARY
Mrs S L Ray
REGISTERED OFFICE
The Hall Thorpe Street
Raunds
Wellingborough
Northamptonshire
NN9 6LT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06195195
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Lilystone Homes Limited

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Lilystone Homes Limited

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets337,49834,505
CURRENT ASSETS
Stock16,70182,469
Debtors519,07922,322
Cash at bank and in hand509,197493,896
544,977598,687
CREDITORS: Amounts falling due within one year666,087201,031
NET CURRENT ASSETS478,890397,656
TOTAL ASSETS LESS CURRENT LIABILITIES516,388432,161
CREDITORS: Amounts falling due after more than one year710,78317,199
PROVISIONS FOR LIABILITIES AND CHARGES87,1256,556
NET ASSETS498,480408,406
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account498,478408,404
SHAREHOLDERS' FUNDS498,480408,406

Lilystone Homes Limited

BALANCE SHEET AT 31/03/2023
For the year ending 31/03/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 06/11/2023 and signed on their behalf by
.............................
Mr J D Ray
Director
.............................
Mrs S L Ray
Director

Lilystone Homes Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.

Lilystone Homes Limited

2. EMPLOYEES
20232022
No.No.
Average number of employees45
3. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/04/20224,87265,9795,67676,527
Additions-17,690-17,690
Disposals-(23,880)-(23,880)
At 31/03/20234,87259,7895,67670,337
Depreciation
At 01/04/20223,42836,0842,51042,022
Disposals-(19,718)-(19,718)
For the year3619,38279210,535
At 31/03/20233,78925,7483,30232,839
Net Book Amounts
At 31/03/20231,08334,0412,37437,498
At 31/03/20221,44429,8953,16634,505
4. STOCK 20232022
££
Stock comprises:
Work in progress16,70182,469
16,70182,469
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors4,686-
VAT-20,777
PAYE control11,910-
Prepayments2,4831,545
19,07922,322

Lilystone Homes Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax25,65727,028
VAT19,794-
PAYE control-5,255
Directors current account-3,197
Directors current account1,12267,792
Credit card1,1433,185
Hire purchase6,4176,417
Trade creditors9,72180,654
Pension schemes128180
Accruals2,1057,323
66,087201,031
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Hire purchase >1yr10,78317,199
10,78317,199
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation7,1256,556
7,1256,556
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22