Company Registration No. 04966211 (England and Wales)
Landmark Restoration Limited
Unaudited accounts
for the year ended 31 March 2023
Landmark Restoration Limited
Unaudited accounts
Contents
Landmark Restoration Limited
Company Information
for the year ended 31 March 2023
Directors
Shane Cahill
Sarah Cahill
Company Number
04966211 (England and Wales)
Registered Office
Faerie Cottage
Crawley End
Chrishall, Royston
Herts
SG8 8QN
Accountants
Morgan Barrett Accountancy
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Landmark Restoration Limited
for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Landmark Restoration Limited for the year ended
31 March 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Landmark Restoration Limited, as a body, in accordance with the terms of our engagement letter dated 16 March 2013. Our work has been undertaken solely to prepare for your approval the accounts of Landmark Restoration Limited and state those matters that we have agreed to state to the Board of Directors of Landmark Restoration Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Landmark Restoration Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Landmark Restoration Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Landmark Restoration Limited. You consider that Landmark Restoration Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Landmark Restoration Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Morgan Barrett Accountancy
Chartered Certified Accountants
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
24 November 2023
Landmark Restoration Limited
Statement of financial position
as at 31 March 2023
Inventories
329,016
319,808
Cash at bank and in hand
9,096
39,846
Creditors: amounts falling due within one year
(283,379)
(314,516)
Net current assets
54,733
45,138
Called up share capital
2
2
Profit and loss account
54,731
45,136
Shareholders' funds
54,733
45,138
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by
Shane Cahill
Director
Company Registration No. 04966211
Landmark Restoration Limited
Notes to the Accounts
for the year ended 31 March 2023
Landmark Restoration Limited is a private company, limited by shares, registered in England and Wales, registration number 04966211. The registered office is Faerie Cottage, Crawley End, Chrishall, Royston, Herts, SG8 8QN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
4
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,111
1,188
Taxes and social security
5,846
7,523
Other creditors
273,622
305,005
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
6
Transactions with related parties
Amounts owed to directors: £273,622 (2022: £305,005)
This carries an interest rate of 2.5% above base rate with no repayment date.
The company is controlled by the directors acting in concert.
Landmark Restoration Limited
Notes to the Accounts
for the year ended 31 March 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).