Company Registration No. 13299892 (England and Wales)
Lta Cleaning Group Ltd
Unaudited accounts
for the year ended 31 March 2023
Lta Cleaning Group Ltd
Unaudited accounts
Contents
Lta Cleaning Group Ltd
Company Information
for the year ended 31 March 2023
Directors
Thomas Patrick Anthony Navarro
Laura O'Neill
Company Number
13299892 (England and Wales)
Registered Office
C/o Realise Finance Ltd
Gloucester House
23a London Road
Peterborough
Cambridgeshire
PE2 8AN
England
Accountants
Realise Finance Ltd
Gloucester House
23a London Road
Peterborough
PE2 8AN
Lta Cleaning Group Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
11,014
13,123
Cash at bank and in hand
3,331
12,260
Creditors: amounts falling due within one year
(14,102)
(18,567)
Net current liabilities
(8,374)
(4,214)
Total assets less current liabilities
2,640
8,909
Creditors: amounts falling due after more than one year
(3,592)
(7,986)
Provisions for liabilities
Deferred tax
(2,092)
(2,493)
Net liabilities
(3,044)
(1,570)
Called up share capital
2
1
Profit and loss account
(3,046)
(1,571)
Shareholders' funds
(3,044)
(1,570)
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by
Thomas Patrick Anthony Navarro
Director
Company Registration No. 13299892
Lta Cleaning Group Ltd
Notes to the Accounts
for the year ended 31 March 2023
Lta Cleaning Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13299892. The registered office is C/o Realise Finance Ltd, Gloucester House, 23a London Road, Peterborough, Cambridgeshire, PE2 8AN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance
Motor vehicles
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Lta Cleaning Group Ltd
Notes to the Accounts
for the year ended 31 March 2023
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
563
16,995
17,558
At 31 March 2023
2,357
16,995
19,352
At 1 April 2022
186
4,249
4,435
Charge for the year
716
3,187
3,903
At 31 March 2023
902
7,436
8,338
At 31 March 2023
1,455
9,559
11,014
At 31 March 2022
377
12,746
13,123
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,344
3,369
Taxes and social security
65
1,413
Loans from directors
3,746
8,915
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,592
7,986
8
Average number of employees
During the year the average number of employees was 5 (2022: 4).