LP WHOLESALE LIMITED

Company Registration Number:
08595434 (England and Wales)

Unaudited abridged accounts for the year ended 30 July 2023

Period of accounts

Start date: 31 July 2022

End date: 30 July 2023

LP WHOLESALE LIMITED

Contents of the Financial Statements

for the Period Ended 30 July 2023

Balance sheet
Notes

LP WHOLESALE LIMITED

Balance sheet

As at 30 July 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 51,800 59,200
Tangible assets: 4 15,656 20,166
Total fixed assets: 67,456 79,366
Current assets
Stocks: 75,850 79,850
Debtors:   111,417 138,765
Cash at bank and in hand: 38,219 58,140
Total current assets: 225,486 276,755
Creditors: amounts falling due within one year:   (154,548) (195,385)
Net current assets (liabilities): 70,938 81,370
Total assets less current liabilities: 138,394 160,736
Creditors: amounts falling due after more than one year:   (29,489) (54,787)
Total net assets (liabilities): 108,905 105,949
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 108,885 105,929
Shareholders funds: 108,905 105,949

The notes form part of these financial statements

LP WHOLESALE LIMITED

Balance sheet statements

For the year ending 30 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 April 2024
and signed on behalf of the board by:

Name: Mark Weaver
Status: Director

The notes form part of these financial statements

LP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

1. Accounting policies

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

LP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

2. Employees

2023 2022
Average number of employees during the period 15 12

LP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

3. Intangible Assets

Total
Cost £
At 31 July 2022 74,000
At 30 July 2023 74,000
Amortisation
At 31 July 2022 14,800
Charge for year 7,400
At 30 July 2023 22,200
Net book value
At 30 July 2023 51,800
At 30 July 2022 59,200

LP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2023

4. Tangible Assets

Total
Cost £
At 31 July 2022 52,331
Additions 2,900
Disposals (4,750)
At 30 July 2023 50,481
Depreciation
At 31 July 2022 32,165
Charge for year 3,848
On disposals (1,188)
At 30 July 2023 34,825
Net book value
At 30 July 2023 15,656
At 30 July 2022 20,166