1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-04-29 Sage Accounts Production Advanced 2023 - FRS102_2023 275,000 206,250 13,750 220,000 55,000 68,750 16,868 14,617 563 15,180 1,688 2,251 xbrli:pure xbrli:shares iso4217:GBP 06125797 2022-04-29 2023-04-27 06125797 2023-04-27 06125797 2022-04-28 06125797 2021-04-29 2022-04-28 06125797 2022-04-28 06125797 2021-04-28 06125797 core:NetGoodwill 2022-04-29 2023-04-27 06125797 core:MotorVehicles 2022-04-29 2023-04-27 06125797 bus:Director1 2022-04-29 2023-04-27 06125797 core:NetGoodwill 2022-04-28 06125797 core:NetGoodwill 2023-04-27 06125797 core:MotorVehicles 2022-04-28 06125797 core:MotorVehicles 2023-04-27 06125797 core:WithinOneYear 2023-04-27 06125797 core:WithinOneYear 2022-04-28 06125797 core:AfterOneYear 2023-04-27 06125797 core:AfterOneYear 2022-04-28 06125797 core:ShareCapital 2023-04-27 06125797 core:ShareCapital 2022-04-28 06125797 core:RetainedEarningsAccumulatedLosses 2023-04-27 06125797 core:RetainedEarningsAccumulatedLosses 2022-04-28 06125797 core:NetGoodwill 2022-04-28 06125797 core:MotorVehicles 2022-04-28 06125797 bus:SmallEntities 2022-04-29 2023-04-27 06125797 bus:AuditExemptWithAccountantsReport 2022-04-29 2023-04-27 06125797 bus:SmallCompaniesRegimeForAccounts 2022-04-29 2023-04-27 06125797 bus:PrivateLimitedCompanyLtd 2022-04-29 2023-04-27 06125797 bus:FullAccounts 2022-04-29 2023-04-27
COMPANY REGISTRATION NUMBER: 06125797
LINTILE LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD FROM 29 APRIL 2022 TO
27 April 2023
LINTILE LIMITED
FINANCIAL STATEMENTS
PERIOD FROM 29 APRIL 2022 TO 27 APRIL 2023
CONTENTS
PAGES
Statement of financial position
1 to 2
Notes to the financial statements
3 to 5
LINTILE LIMITED
STATEMENT OF FINANCIAL POSITION
27 April 2023
27 Apr 23
28 Apr 22
Note
£
£
£
FIXED ASSETS
Intangible assets
5
55,000
68,750
Tangible assets
6
1,688
2,251
--------
--------
56,688
71,001
CURRENT ASSETS
Stocks
1,500
1,500
Debtors
7
215,169
161,863
Cash at bank and in hand
42,217
132,515
---------
---------
258,886
295,878
CREDITORS: amounts falling due within one year
8
( 125,475)
( 167,210)
---------
---------
NET CURRENT ASSETS
133,411
128,668
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
190,099
199,669
CREDITORS: amounts falling due after more than one year
9
( 20,833)
( 30,833)
PROVISIONS
Taxation including deferred tax
( 427)
( 427)
---------
---------
NET ASSETS
168,839
168,409
---------
---------
CAPITAL AND RESERVES
Called up share capital
1
1
Profit and loss account
168,838
168,408
---------
---------
SHAREHOLDER FUNDS
168,839
168,409
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 27 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
LINTILE LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
27 April 2023
These financial statements were approved by the board of directors and authorised for issue on 1 March 2024 , and are signed on behalf of the board by:
A J Linley
Director
Company registration number: 06125797
LINTILE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 29 APRIL 2022 TO 27 APRIL 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Havercroft, Chapel Hill, Kearby, Wetherby, LS22 4BU.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
5% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation to date.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles
-
25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to 1 (2022: 1 ).
5. INTANGIBLE ASSETS
Goodwill
£
Cost
At 29 April 2022 and 27 April 2023
275,000
---------
Amortisation
At 29 April 2022
206,250
Charge for the period
13,750
---------
At 27 April 2023
220,000
---------
Carrying amount
At 27 April 2023
55,000
---------
At 28 April 2022
68,750
---------
6. TANGIBLE ASSETS
Motor vehicles
Total
£
£
Cost
At 29 April 2022 and 27 April 2023
16,868
16,868
--------
--------
Depreciation
At 29 April 2022
14,617
14,617
Charge for the period
563
563
--------
--------
At 27 April 2023
15,180
15,180
--------
--------
Carrying amount
At 27 April 2023
1,688
1,688
--------
--------
At 28 April 2022
2,251
2,251
--------
--------
7. DEBTORS
27 Apr 23
28 Apr 22
£
£
Trade debtors
184,708
155,160
Other debtors
30,461
6,703
---------
---------
215,169
161,863
---------
---------
8. CREDITORS: amounts falling due within one year
27 Apr 23
28 Apr 22
£
£
Bank loans and overdrafts
9,987
10,000
Trade creditors
43,961
46,923
Corporation tax
9,511
16,774
Social security and other taxes
12,539
12,539
Other creditors
49,477
80,974
---------
---------
125,475
167,210
---------
---------
9. CREDITORS: amounts falling due after more than one year
27 Apr 23
28 Apr 22
£
£
Bank loans and overdrafts
20,833
30,833
--------
--------