Registered number: 10198901 | ||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||
Prepared By: | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
The Letting Centre (Carlisle) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Cumbria | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10198901 | ||||||||
ACCOUNTANTS | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
The Letting Centre (Carlisle) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
The Letting Centre (Carlisle) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 | |||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
24,154 | 15,240 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (71,379) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 35,385 | 15,417 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 18,146 | 302 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
The Letting Centre (Carlisle) Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | reducing balance 25% | |||||||
Motor Vehicles | reducing balance 25% |
1c. Taxation | ||||||||
Full provision is made for deferred tax balances arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the provision of goods and services. |
1f. Goodwill | ||||||||
1g. Government Grants | ||||||||
Government grants are recognised in profit and loss in the year in which they are received. |
1h. Leases | ||||||||
Payments made under operating leases are charged to the profit and loss account on a straight line basis over the lease term. |
The Letting Centre (Carlisle) Limited | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/06/2022 | 133,500 | 133,500 | ||
At 31/05/2023 | 133,500 | 133,500 | ||
Depreciation | ||||
At 01/06/2022 | 65,267 | 65,267 | ||
For the year | 13,350 | 13,350 | ||
At 31/05/2023 | 78,617 | 78,617 | ||
Net Book Amounts | ||||
At 31/05/2023 | ||||
At 31/05/2022 | ||||
3. TANGIBLE FIXED ASSETS | ||||||
Equipment | Motor Vehicles | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/06/2022 | 24,762 | 11,000 | 35,762 | |||
Additions | 140 | 42,530 | 42,670 | |||
Disposals | - | (11,000) | (11,000) | |||
At 31/05/2023 | 24,902 | 42,530 | 67,432 | |||
Depreciation | ||||||
At 01/06/2022 | 16,699 | 98 | 16,797 | |||
Disposals | - | (98) | (98) | |||
For the year | 2,051 | 10,632 | 12,683 | |||
At 31/05/2023 | 18,750 | 10,632 | 29,382 | |||
Net Book Amounts | ||||||
At 31/05/2023 | 38,050 | |||||
At 31/05/2022 | 18,965 | |||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 4,650 | - | ||||||
Prepayments | 370 | 624 | ||||||
5,020 | 624 | |||||||
The Letting Centre (Carlisle) Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 415 | 7,327 | ||||||
VAT | 6,514 | 6,135 | ||||||
Other tax and social security | 601 | 909 | ||||||
Directors current account - A G Mason | 21,781 | 32,944 | ||||||
Directors current account - C L Luper | 17,153 | 27,653 | ||||||
Bank loan | 5,000 | 5,000 | ||||||
Hire purchase | 4,755 | - | ||||||
Trade creditors | 299 | 1,055 | ||||||
Other creditors | 248 | 217 | ||||||
Accruals | 6,690 | 5,379 | ||||||
63,456 | 86,619 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans >1yr | 10,417 | 15,417 | ||||||
Hire purchase >1yr | 24,968 | - | ||||||
35,385 | 15,417 | |||||||
7. SECURED CREDITORS | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Amount of other creditors which are secured | 29,723 | - | ||||||
Hire purchase creditors are secured on the assets to which the liabilities relate. | ||||||||
8. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 5 | |||||
The Letting Centre (Carlisle) Limited | ||||||||
9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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10. GUARANTEES AND OTHER FINANCIAL COMMITMENTS | ||||||||
At the balance sheet date the company had total outstanding commitments under operating leases of £11,268. | ||||||||
11. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England. | ||||||||
The company's registered number is 10198901. | ||||||||
The company's registered office is 6 Brunswick Street, Carlisle CA1 1PN. |