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REGISTERED NUMBER: 14086614 (England and Wales)









Unaudited Financial Statements

for the period

4 May 2022 to 31 May 2023

for

LW Plant Limited

LW Plant Limited (Registered number: 14086614)






Contents of the Financial Statements
for the period 4 May 2022 to 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LW Plant Limited

Company Information
for the period 4 May 2022 to 31 May 2023







DIRECTOR: L C J Webber





REGISTERED OFFICE: Old Gunn Court
North Street
Dorking
Surrey
RH4 1DE





REGISTERED NUMBER: 14086614 (England and Wales)





ACCOUNTANTS: Mapperson Price, Chartered Accountants
Old Gun Court
North Street
Dorking
Surrey
RH4 1DE

LW Plant Limited (Registered number: 14086614)

Balance Sheet
31 May 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 27,750
Tangible assets 5 6,124
33,874

CURRENT ASSETS
Debtors 6 6,851
Cash at bank 1,546
8,397
CREDITORS
Amounts falling due within one year 7 17,715
NET CURRENT LIABILITIES (9,318 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,556

CREDITORS
Amounts falling due after more than one
year

8

(18,141

)

PROVISIONS FOR LIABILITIES (422 )
NET ASSETS 5,993

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings 5,893
SHAREHOLDERS' FUNDS 5,993

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

LW Plant Limited (Registered number: 14086614)

Balance Sheet - continued
31 May 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 2 February 2024 and were signed by:





L C J Webber - Director


LW Plant Limited (Registered number: 14086614)

Notes to the Financial Statements
for the period 4 May 2022 to 31 May 2023

1. STATUTORY INFORMATION

LW Plant 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost and 20% on cost

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Assets held under hire purchase or finance lease agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight-line basis.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership
remain with the lessor are charged against profits on a straight-line basis over the period of the lease

LW Plant Limited (Registered number: 14086614)

Notes to the Financial Statements - continued
for the period 4 May 2022 to 31 May 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 30,000
At 31 May 2023 30,000
AMORTISATION
Charge for period 2,250
At 31 May 2023 2,250
NET BOOK VALUE
At 31 May 2023 27,750

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 7,186
At 31 May 2023 7,186
DEPRECIATION
Charge for period 1,062
At 31 May 2023 1,062
NET BOOK VALUE
At 31 May 2023 6,124

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 2,350
At 31 May 2023 2,350
NET BOOK VALUE
At 31 May 2023 2,350

LW Plant Limited (Registered number: 14086614)

Notes to the Financial Statements - continued
for the period 4 May 2022 to 31 May 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 5,292
Other debtors 1,559
6,851

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 8,708
Taxation and social security 1,938
Other creditors 7,069
17,715

Included in other creditors is an amount owed to the director of £5,469.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 18,141

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is L C J Webber.