Lenbo Limited 13935397 false 2022-02-23 2023-03-31 2023-03-31 The principal activity of the company is that of activities of a holding comany. Digita Accounts Production Advanced 6.30.9574.0 true true 13935397 2022-02-23 2023-03-31 13935397 2023-03-31 13935397 bus:OrdinaryShareClass1 bus:OtherShareType 2023-03-31 13935397 core:CurrentFinancialInstruments 2023-03-31 13935397 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 13935397 core:MotorVehicles 2023-03-31 13935397 core:PlantMachinery 2023-03-31 13935397 bus:SmallEntities 2022-02-23 2023-03-31 13935397 bus:AuditExemptWithAccountantsReport 2022-02-23 2023-03-31 13935397 bus:FullAccounts 2022-02-23 2023-03-31 13935397 bus:SmallCompaniesRegimeForAccounts 2022-02-23 2023-03-31 13935397 bus:RegisteredOffice 2022-02-23 2023-03-31 13935397 bus:Director1 2022-02-23 2023-03-31 13935397 bus:Director2 2022-02-23 2023-03-31 13935397 bus:OrdinaryShareClass1 bus:OtherShareType 2022-02-23 2023-03-31 13935397 bus:PrivateLimitedCompanyLtd 2022-02-23 2023-03-31 13935397 core:MotorVehicles 2022-02-23 2023-03-31 13935397 core:PlantMachinery 2022-02-23 2023-03-31 13935397 countries:AllCountries 2022-02-23 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13935397

Lenbo Limited

Annual Report and Unaudited Financial Statements

for the Period from 23 February 2022 to 31 March 2023

 

Lenbo Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Lenbo Limited

Company Information

Directors

Mr Michael Lloyd Draper Norris

Mr Louis Joseph Christopher Myhill

Registered office

The Mill, Pury Hill Business Park,
Alderton Road
Paulerspury
Towcester
Northamptonshire
NN12 7LS

Accountants

KRW Accountants Ltd
The Mill
Pury Hill Business Park
Alderton Road
Towcester
NN12 7LS

 

Lenbo Limited

(Registration number: 13935397)
Balance Sheet as at 31 March 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

14,250

Current assets

 

Debtors

5

11,116

Cash at bank and in hand

 

3,986

 

15,102

Creditors: Amounts falling due within one year

6

(34,669)

Net current liabilities

 

(19,567)

Net liabilities

 

(5,317)

Capital and reserves

 

Called up share capital

100

Retained earnings

(5,417)

Shareholders' deficit

 

(5,317)

For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

 

Lenbo Limited

(Registration number: 13935397)
Balance Sheet as at 31 March 2023

Approved and authorised by the Board on 20 November 2023 and signed on its behalf by:
 

.........................................
Mr Michael Lloyd Draper Norris
Director

.........................................
Mr Louis Joseph Christopher Myhill
Director

 

Lenbo Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Mill, Pury Hill Business Park,
Alderton Road
Paulerspury
Towcester
Northamptonshire
NN12 7LS
United Kingdom

These financial statements were authorised for issue by the Board on 20 November 2023.

The company registration number is 13935397

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, as the Directors have confirmed their ongoing support to the company.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Lenbo Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 31 March 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% straight line

Motor vehicles

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. The company subsequently considers the recoverable value of the trade debtors. When assessing impairment of trade debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Lenbo Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 31 March 2023

4

Tangible assets

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

Additions

10,000

9,000

19,000

At 31 March 2023

10,000

9,000

19,000

Depreciation

Charge for the period

2,500

2,250

4,750

At 31 March 2023

2,500

2,250

4,750

Carrying amount

At 31 March 2023

7,500

6,750

14,250

5

Debtors

Note

2023
£

Amounts owed by related parties

9,282

Other debtors

 

1,834

 

11,116

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

26,510

Accruals and deferred income

 

480

Other creditors

 

7,679

 

34,669

 

Lenbo Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 31 March 2023

7

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary of £1 each

100

100