LOCHAILORT AMPTHILL LIMITED

Company Registration Number:
08099531 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

LOCHAILORT AMPTHILL LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

LOCHAILORT AMPTHILL LIMITED

Company Information

for the Period Ended 30 June 2023




Director: T J Markham
H Haig
Registered office: 6
Lancaster Way
Ermine Business Park
Huntingdon
Cambridgeshire
England
PE29 6XU
Company Registration Number: 08099531 (England and Wales)

LOCHAILORT AMPTHILL LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 25 878
Cash at bank and in hand: 234 50
Total current assets: 259 928
Creditors: amounts falling due within one year: 5 ( 15 ) ( 7,600 )
Net current assets (liabilities): 244 ( 6,672 )
Total assets less current liabilities: 244 ( 6,672 )
Total net assets (liabilities): 244 ( 6,672 )

The notes form part of these financial statements

LOCHAILORT AMPTHILL LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 144 ( 6,772 )
Shareholders funds: 244 ( 6,672 )

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 March 2024
And Signed On Behalf Of The Board By:

Name: T J Markham
Status: Director

The notes form part of these financial statements

LOCHAILORT AMPTHILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LOCHAILORT AMPTHILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies (continued)

    Other accounting policies

    Going concern As the company intends to liquidate, the accounts have been prepared on a non-going concern basis. Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Equity instruments Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. Taxation The tax expense represents the sum of the tax currently payable and deferred tax. Current tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

LOCHAILORT AMPTHILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

LOCHAILORT AMPTHILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

LOCHAILORT AMPTHILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors


2023
£

2022
£
Other debtors 25 878
Total 25 878

LOCHAILORT AMPTHILL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 15 15
Other creditors 7,585
Total 15 7,600