LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Company Registration Number:
06290078 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

13 months to 31 March 2022


£

£
Fixed assets
Intangible assets: 3 32,189 38,224
Total fixed assets: 32,189 38,224
Current assets
Debtors:   407,473 331,611
Cash at bank and in hand: 250 250
Total current assets: 407,723 331,861
Creditors: amounts falling due within one year:   (201,130) (98,565)
Net current assets (liabilities): 206,593 233,296
Total assets less current liabilities: 238,782 271,520
Creditors: amounts falling due after more than one year:   (47,698) (80,501)
Total net assets (liabilities): 191,084 191,019
Capital and reserves
Called up share capital: 190,445 190,445
Profit and loss account: 639 574
Shareholders funds: 191,084 191,019

The notes form part of these financial statements

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Balance sheet statements

For the year ending 31 March 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 22 February 2024
and signed on behalf of the board by:

Name: N J R Lord
Status: Director

The notes form part of these financial statements

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Other accounting policies

GoodwillGoodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty one years. Intangible assetsIntangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 13 months to 31 March 2022
Average number of employees during the period 5 5

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 127,500
At 31 March 2023 127,500
Amortisation
At 01 April 2022 89,276
Charge for year 6,035
At 31 March 2023 95,311
Net book value
At 31 March 2023 32,189
At 31 March 2022 38,224