REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st May 2023 |
for |
Lofrix Associates Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st May 2023 |
for |
Lofrix Associates Limited |
Lofrix Associates Limited (Registered number: 04544464) |
Contents of the Financial Statements |
for the Year Ended 31st May 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Lofrix Associates Limited |
Company Information |
for the Year Ended 31st May 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
South Cheetham B C |
10 Park Place |
Manchester |
Lancashire |
M4 4EY |
Lofrix Associates Limited (Registered number: 04544464) |
Balance Sheet |
31st May 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
Shareholders' funds | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Lofrix Associates Limited (Registered number: 04544464) |
Notes to the Financial Statements |
for the Year Ended 31st May 2023 |
1. | Statutory information |
Lofrix Associates Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Fixtures and fittings | - |
Motor vehicles | - |
Equipment | - |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Tangible fixed assets |
Fixtures |
and | Motor |
fittings | vehicles | Equipment | Totals |
£ | £ | £ | £ |
Cost |
At 1st June 2022 |
Additions |
At 31st May 2023 |
Depreciation |
At 1st June 2022 |
Charge for year |
At 31st May 2023 |
Net book value |
At 31st May 2023 |
At 31st May 2022 |
Lofrix Associates Limited (Registered number: 04544464) |
Notes to the Financial Statements - continued |
for the Year Ended 31st May 2023 |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
VAT |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other loans |
Directors' current accounts | 98,476 | 85,398 |
Accrued expenses |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary Shares | £1 | 100 | 100 |