LALCROFT LIMITED

Company Registration Number:
02979108 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

LALCROFT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LALCROFT LIMITED

Company Information

for the Period Ended 31 March 2023




Director: IAN ANDERSON
James Robert Anderson
Dorothy Helen Anderson
Registered office: 1
The Fellows
Netherton
Huddersfield
West Yorkshire
HD4 7HP
Company Registration Number: 02979108 (England and Wales)

LALCROFT LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

41202 - Construction of domestic buildings 55900 - Other accommodation 68100 - Buying and selling of own real estate 68209 - Other letting and operating of own or leased real estate

Political and charitable donations

None

Company policy on the employment of disabled persons

No paid employees

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
IAN ANDERSON
James Robert Anderson
Dorothy Helen Anderson

This report was approved by the board of directors on 31 October 2023
And Signed On Behalf Of The Board By:

Name: IAN ANDERSON
Status: Director

LALCROFT LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 16,649 28,449
Cost of sales ( 6,512 ) ( 19,153 )
Gross Profit or (Loss) 10,137 9,296
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 3,707 ) ( 4,172 )
Operating Profit or (Loss) 6,430 5,124
Interest Payable and Similar Charges ( 917 ) ( 573 )
Profit or (Loss) Before Tax 5,513 4,551
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 5,513 4,551

The notes form part of these financial statements

LALCROFT LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 276,415 275,734
Total fixed assets: 276,415 275,734
Current assets
Debtors: 5 7,461 6,865
Cash at bank and in hand: 13,242 12,208
Total current assets: 20,703 19,073
Creditors: amounts falling due within one year: 6 ( 7,671 ) ( 5,869 )
Net current assets (liabilities): 13,032 13,204
Total assets less current liabilities: 289,447 288,938
Creditors: amounts falling due after more than one year: 7 ( 24,230 ) ( 29,234 )
Total net assets (liabilities): 265,217 259,704

The notes form part of these financial statements

LALCROFT LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 224,834 224,834
Revaluation reserve: 8 44,472 44,472
Profit and loss account: ( 4,089 ) ( 9,602 )
Shareholders funds: 265,217 259,704

For the year ending 31 March 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.

This report was approved by the board of directors on 31 October 2023
And Signed On Behalf Of The Board By:

Name: IAN ANDERSON
Status: Director

The notes form part of these financial statements

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Represents the total rents received plus any minor work carried out

    Tangible fixed assets depreciation policy

    No depreciation of land and property.
    20% on a reducing balance for Plant and equipment.
    25% on areducing balance for motor vehicles.

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

    No paid employees

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Land & buildings Plant & machinery Motor vehicles Total
Cost £ £ £ £
At 01 April 2022 266,153 15,250 4,200 285,603
Additions 2,848 - - 2,848
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 March 2023 269,001 15,250 4,200 288,451
Depreciation
At 01 April 2022 - 7,442 2,427 9,869
Charge for year - 1,561 606 2,167
On disposals - - - -
Other adjustments - - - -
At 31 March 2023 - 9,003 3,033 12,036
Net book value
At 31 March 2023 269,001 6,247 1,167 276,415
At 31 March 2022 266,153 7,808 1,773 275,734

I THINK THAT THE SYSTEM IS NOT WORKING
I ENTERED ALL THE CORRECT INFORMATION BUT IT DID NOT TRANSFER THE FIGURES CORRECTLY. WHEN I WENT BACK IN IT HAD NOT SAVE THE FIGURES

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 7,461 6,865
Total 7,461 6,865

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 6,679 5,869
Trade creditors 992
Total 7,671 5,869

Mortgage repayments 6679

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 16,354 23,365
Other creditors 7,876 5,869
Total 24,230 29,234

LALCROFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Revaluation reserve


2023
£
Balance at 01 April 2022 44,472
Surplus or deficit after revaluation 0
Balance at 31 March 2023 44,472