LCE GRANT LTD

Company Registration Number:
SC696806 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

LCE GRANT LTD

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

LCE GRANT LTD

Balance sheet

As at 30 April 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,343 0
Investments: 4 305,286 305,286
Total fixed assets: 307,629 305,286
Current assets
Debtors:   1,617
Cash at bank and in hand: 20,708 10,389
Total current assets: 22,325 10,389
Creditors: amounts falling due within one year:   (322,608) (317,252)
Net current assets (liabilities): (300,283) (306,863)
Total assets less current liabilities: 7,346 (1,577)
Provision for liabilities: (445)
Total net assets (liabilities): 6,901 (1,577)
Capital and reserves
Called up share capital: 9 9
Profit and loss account: 6,892 (1,586)
Shareholders funds: 6,901 (1,577)

The notes form part of these financial statements

LCE GRANT LTD

Balance sheet statements

For the year ending 30 April 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 19 January 2024
and signed on behalf of the board by:

Name: Miss C A Grant
Status: Director

The notes form part of these financial statements

LCE GRANT LTD

Notes to the Financial Statements

for the Period Ended 30 April 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

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from contracts for the provision of professional services is recognised by reference to the stage ofcompletion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Thestage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staffrates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenueis recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets and depreciation policy

depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theiruseful lives on the following bases:Fixtures and fittings 20% SLM

LCE GRANT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

LCE GRANT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible Assets

Total
Cost £
At 01 May 2022 0
Additions 2,929
At 30 April 2023 2,929
Depreciation
At 01 May 2022 0
Charge for year 586
At 30 April 2023 586
Net book value
At 30 April 2023 2,343
At 30 April 2022 0

LCE GRANT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Fixed investments

Fair valueAt 1 May 2022 and 30 April 2023 305,286