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REGISTERED NUMBER: 02649019 (England and Wales)












LORDS CHAUFFEUR HIRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






LORDS CHAUFFEUR HIRE LIMITED (REGISTERED NUMBER: 02649019)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


LORDS CHAUFFEUR HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mr C Symeou





SECRETARY: Mrs C Symeou





REGISTERED OFFICE: Casa Mia,
34b Oakleigh Park South
Whetstone
London
N20 9JP





REGISTERED NUMBER: 02649019 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

LORDS CHAUFFEUR HIRE LIMITED (REGISTERED NUMBER: 02649019)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 66,176 126,146
66,176 126,146

CURRENT ASSETS
Debtors 6 11,613 10,634
Cash at bank and in hand 205,278 96,898
216,891 107,532
CREDITORS
Amounts falling due within one year 7 229,680 225,726
NET CURRENT LIABILITIES (12,789 ) (118,194 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,387

7,952

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Share premium 9 59,000 59,000
Retained earnings 9 (6,613 ) (52,048 )
SHAREHOLDERS' FUNDS 53,387 7,952

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2024 and were signed by:



Mr C Symeou - Director


LORDS CHAUFFEUR HIRE LIMITED (REGISTERED NUMBER: 02649019)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Lords Chauffeur Hire 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 represents net invoiced sales excluding value added tax and trade discounts. Turnover is recognised when the invoice is raised.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1993, has been fully amortised.

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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

LORDS CHAUFFEUR HIRE LIMITED (REGISTERED NUMBER: 02649019)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 60,000
AMORTISATION
At 1 November 2022
and 31 October 2023 60,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 8,615 263,138 6,378 278,131
Disposals - (89,604 ) - (89,604 )
At 31 October 2023 8,615 173,534 6,378 188,527
DEPRECIATION
At 1 November 2022 8,248 138,855 4,882 151,985
Charge for year 55 21,620 494 22,169
Eliminated on disposal - (51,803 ) - (51,803 )
At 31 October 2023 8,303 108,672 5,376 122,351
NET BOOK VALUE
At 31 October 2023 312 64,862 1,002 66,176
At 31 October 2022 367 124,283 1,496 126,146

6. DEBTORS
31.10.23 31.10.22
£    £   
Amounts falling due within one year:
Trade debtors 10,099 9,990
Prepayments 1,014 144
11,113 10,134

Amounts falling due after more than one year:
Other debtors 500 500

Aggregate amounts 11,613 10,634

LORDS CHAUFFEUR HIRE LIMITED (REGISTERED NUMBER: 02649019)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Social security and other taxes 5,570 5,433
Other creditors 98,600 98,600
Related Company 117,515 79,000
Directors' current accounts 5,970 38,553
Accrued expenses 2,025 4,140
229,680 225,726

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 November 2022 (52,048 ) 59,000 6,952
Profit for the year 45,435 45,435
At 31 October 2023 (6,613 ) 59,000 52,387

10. ULTIMATE CONTROLLING PARTY

Mr C Symeou, the director, controls the company as a result of holding 60 per cent of the issued ordinary share capital.