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REGISTERED NUMBER: 04795948 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

LAND DRAINAGE CONSULTANCY LIMITED

LAND DRAINAGE CONSULTANCY LIMITED (REGISTERED NUMBER: 04795948)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAND DRAINAGE CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: R J Lambert
L Lambert
M G Flather





SECRETARY: R J Lambert





REGISTERED OFFICE: Cowslip Cottage
Fimber
Driffield
East Yorkshire
YO25 9LY





REGISTERED NUMBER: 04795948 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

LAND DRAINAGE CONSULTANCY LIMITED (REGISTERED NUMBER: 04795948)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 650,000 -
Tangible assets 5 115,092 772,378
Investments 6 26,243 25,857
791,335 798,235

CURRENT ASSETS
Stocks 24,957 19,500
Debtors 7 348,139 171,714
Cash at bank 205,050 984,074
578,146 1,175,288
CREDITORS
Amounts falling due within one year 8 215,583 165,671
NET CURRENT ASSETS 362,563 1,009,617
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,153,898

1,807,852

CAPITAL AND RESERVES
Called up share capital 1,000 1,200
Retained earnings 1,152,898 1,806,652
SHAREHOLDERS' FUNDS 1,153,898 1,807,852

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LAND DRAINAGE CONSULTANCY LIMITED (REGISTERED NUMBER: 04795948)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:





L Lambert - Director


LAND DRAINAGE CONSULTANCY LIMITED (REGISTERED NUMBER: 04795948)

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

1. STATUTORY INFORMATION

Land Drainage Consultancy 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 as modified by the revaluation of certain assets.

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 0, is being amortised evenly over its estimated useful life of nil 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.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

LAND DRAINAGE CONSULTANCY LIMITED (REGISTERED NUMBER: 04795948)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 650,000
At 31 May 2023 650,000
NET BOOK VALUE
At 31 May 2023 650,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022 476,755 636,304 1,113,059
Additions - 87,476 87,476
Disposals (476,755 ) (430,284 ) (907,039 )
At 31 May 2023 - 293,496 293,496
DEPRECIATION
At 1 June 2022 - 340,681 340,681
Charge for year - 33,662 33,662
Eliminated on disposal - (195,939 ) (195,939 )
At 31 May 2023 - 178,404 178,404
NET BOOK VALUE
At 31 May 2023 - 115,092 115,092
At 31 May 2022 476,755 295,623 772,378

LAND DRAINAGE CONSULTANCY LIMITED (REGISTERED NUMBER: 04795948)

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

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 June 2022 25,857
Additions 386
At 31 May 2023 26,243
NET BOOK VALUE
At 31 May 2023 26,243
At 31 May 2022 25,857

Cost or valuation at 31 May 2023 is represented by:

Other
investments
£   
Valuation in 2022 25,857
Valuation in 2022 386
26,243

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 337,107 162,481
Other debtors 11,032 9,233
348,139 171,714

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 17,017 10,035
Taxation and social security 190,347 138,972
Other creditors 8,219 16,664
215,583 165,671