Company Registration No. 11442134 (England and Wales)
Ian Lamb Ltd
Unaudited accounts
for the year ended 31 July 2023
Ian Lamb Ltd
Unaudited accounts
Contents
Ian Lamb Ltd
Company Information
for the year ended 31 July 2023
Company Number
11442134 (England and Wales)
Registered Office
1 Victoria Crescent
Irsha Street
Appledore
Devon
EX39 1RS
Accountants
JD Accountants (South West) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Ian Lamb Ltd
Statement of financial position
as at 31 July 2023
Intangible assets
7,000
8,000
Tangible assets
1,316
1,462
Cash at bank and in hand
26,994
39,082
Creditors: amounts falling due within one year
(21,181)
(33,700)
Net current assets
10,479
5,382
Called up share capital
100
100
Profit and loss account
18,695
14,744
Shareholders' funds
18,795
14,844
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 29 February 2024 and were signed on its behalf by
Ian Lamb
Director
Company Registration No. 11442134
Ian Lamb Ltd
Notes to the Accounts
for the year ended 31 July 2023
Ian Lamb Ltd is a private company, limited by shares, registered in England and Wales, registration number 11442134. The registered office is 1 Victoria Crescent, Irsha Street, Appledore, Devon, EX39 1RS.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Computer equipment
10% Reducing Balance
4
Intangible fixed assets
Goodwill
Ian Lamb Ltd
Notes to the Accounts
for the year ended 31 July 2023
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,237
3,734
Loans from directors
18,745
29,067
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).