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Company Registration No. 07019796 (England and Wales)
Lydney Containers Limited Unaudited accounts for the year ended 30 September 2023
Lydney Containers Limited Unaudited accounts Contents
Page
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Lydney Containers Limited Company Information for the year ended 30 September 2023
Directors
Helen Reece Steve Reece
Company Number
07019796 (England and Wales)
Registered Office
Ashwell Grange House Stroat Chepstow Monmouthshire NP16 7LS
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Lydney Containers Limited for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lydney Containers Limited for the year ended 30 September 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Venta House Maes-glas Newport NP20 2NS 19 December 2023
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Lydney Containers Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
1,081 
1,080 
Cash at bank and in hand
5,915 
7,830 
6,996 
8,910 
Creditors: amounts falling due within one year
(20,137)
(20,108)
Net current liabilities
(13,141)
(11,198)
Net liabilities
(13,141)
(11,198)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(14,141)
(12,198)
Shareholders' funds
(13,141)
(11,198)
For the year ending 30 September 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 19 December 2023 and were signed on its behalf by
Steve Reece Director Company Registration No. 07019796
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Lydney Containers Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Lydney Containers Limited is a private company, limited by shares, registered in England and Wales, registration number 07019796. The registered office is Ashwell Grange House, Stroat, Chepstow, Monmouthshire, NP16 7LS.
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.
3
Accounting policies
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.
Going concern
The accounts have been prepared on a going concern basis. The accounts show that the company has net liabilities of £8,416 at the balance sheet date. The directors have therefore had to consider the appropriateness of the going concern basis. The company has been able to finance its operations largely because of the support of its shareholders and creditors. Were this support not available, the company may not be able to continue trading. The directors are satisfied that these creditors will continue to support the company for at least the next 12 months and that, with this continuing support, the company will be able to meet its liabilities as they fall due. On the basis of the above, the directors consider it appropriate to prepare the accounts on a going concern basis.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
81 
80 
Amounts due from group undertakings etc.
1,000 
1,000 
1,081 
1,080 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
16 
15 
Amounts owed to group undertakings and other participating interests
19,693 
19,693 
Accruals
428 
400 
20,137 
20,108 
Included within amounts due after one year is a balance of £19,693 (2021: £19,693) due to group undertakings. No interest is charged on this loan and there are no specific repayment terms.
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Lydney Containers Limited Notes to the Accounts for the year ended 30 September 2023
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Transactions with related parties
At the balance sheet date the company was owed £1,000 by Reecer Group Ltd (2022: £1,000). At the balance sheet date the company owed £19,693 to Reecer Space Ltd (2022: £19,693).
9
Controlling party
The company is wholly owned by the Reecer Group Ltd, a company registered in England and Wales (number 09750344) whose place of business is Ashwell Grange House, Stroat, Chepstow, Monmouthshire NP16 7LS.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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