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REGISTERED NUMBER: 02524818 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

L. A. R. Warehousing Limited

L. A. R. Warehousing Limited (Registered number: 02524818)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

L. A. R. Warehousing Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: L J Brittleton
R J Brittleton
A J Brittleton





SECRETARY: A J Brittleton





REGISTERED OFFICE: Enterprise Business Park
Globe Industrial Estate
Towers Road
Grays
Essex
RM17 6SU





REGISTERED NUMBER: 02524818 (England and Wales)





ACCOUNTANTS: Caburn Accountants Limited
Chartered Certified Accountants
First Floor,
The Estate Office
The Green, Lewes Road
Ringmer
East Sussex
BN8 5QE

L. A. R. Warehousing Limited (Registered number: 02524818)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,490 79,607

CURRENT ASSETS
Stocks 6,000 5,000
Debtors 5 321,082 643,614
Cash at bank and in hand 205,490 101,228
532,572 749,842
CREDITORS
Amounts falling due within one year 6 366,152 431,033
NET CURRENT ASSETS 166,420 318,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,910

398,416

CREDITORS
Amounts falling due after more than one
year

7

(38,362

)

(58,750

)

PROVISIONS FOR LIABILITIES (10,854 ) (16,172 )
NET ASSETS 191,694 323,494

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 191,594 323,394
SHAREHOLDERS' FUNDS 191,694 323,494

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

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

L. A. R. Warehousing Limited (Registered number: 02524818)

Balance Sheet - continued
31 July 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 8 March 2024 and were signed on its behalf by:




L J Brittleton - Director



R J Brittleton - Director


L. A. R. Warehousing Limited (Registered number: 02524818)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

L. A. R. Warehousing 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.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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 21 (2022 - 22 ) .

L. A. R. Warehousing Limited (Registered number: 02524818)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 17,362 109,530 183,998 17,252 328,142
Additions - - 9,525 5,447 14,972
At 31 July 2023 17,362 109,530 193,523 22,699 343,114
DEPRECIATION
At 1 August 2022 - 96,024 135,702 16,809 248,535
Charge for year - 3,376 14,455 2,258 20,089
At 31 July 2023 - 99,400 150,157 19,067 268,624
NET BOOK VALUE
At 31 July 2023 17,362 10,130 43,366 3,632 74,490
At 31 July 2022 17,362 13,506 48,296 443 79,607

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 227,082 408,764
Other debtors 94,000 234,850
321,082 643,614

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 20,000 20,000
Trade creditors 181,466 175,405
Tax 7,016 56,710
Social security and other taxes 10,247 9,101
VAT 22,736 50,200
Other creditors 119,858 115,018
Directors' current accounts 10 10
Accruals and deferred income 4,819 4,589
366,152 431,033

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans - 1-2 years 20,000 20,000
Bank loans - 2-5 years 18,362 38,750
38,362 58,750

L. A. R. Warehousing Limited

Report of the Accountants to the Directors of
L. A. R. Warehousing Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Caburn Accountants Limited
Chartered Certified Accountants
First Floor,
The Estate Office
The Green, Lewes Road
Ringmer
East Sussex
BN8 5QE


8 March 2024