Company registration number:
11120705
LFBB Developments Ltd
Unaudited filleted financial statements
31 December 2022
LFBB Developments Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
LFBB Developments Ltd
Directors and other information
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Directors |
Mr. L Budd |
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Mrs E. Budd |
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Company number |
11120705 |
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Registered office |
Unit 8, Acorn Business Park |
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Woodseats Close |
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Sheffield |
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South Yorkshire |
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S8 0TB |
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Business address |
20 Moor Farm Avenue |
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Mosborough |
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Sheffield |
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S20 5JP |
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Accountants |
Henry Bramall & Co Limited |
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Unit 8, Acorn Business Park |
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Woodseats Close |
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Sheffield |
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S8 0TB |
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LFBB Developments Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of LFBB Developments Ltd
Year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LFBB Developments Ltd for the year ended 31 December 2022 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of LFBB Developments Ltd, as a body, in accordance with the terms of our engagement letter dated 21 April 2021. Our work has been undertaken solely to prepare for your approval the financial statements of LFBB Developments Ltd and state those matters that we have agreed to state to the board of directors of LFBB Developments Ltd as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LFBB Developments Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that LFBB Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of LFBB Developments Ltd. You consider that LFBB Developments Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of LFBB Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Henry Bramall & Co Limited
Chartered Certified Accountants
Unit 8, Acorn Business Park
Woodseats Close
Sheffield
S8 0TB
28 February 2024
LFBB Developments Ltd
Statement of financial position
31 December 2022
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2022 |
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2021 |
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£ |
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£ |
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Fixed assets |
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9,841 |
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15,000 |
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_______ |
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Current assets |
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170,724 |
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164,330 |
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Creditors: amounts falling due within one year |
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(
132,654) |
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(
124,469) |
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_______ |
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_______ |
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Net current assets |
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38,070 |
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39,861 |
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Total assets less current liabilities |
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47,911 |
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54,861 |
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Creditors: amounts falling due after more than one year |
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(
108,301) |
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89,100) |
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Accruals and deferred income |
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(
720) |
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(
720) |
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_______ |
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Net liabilities |
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(
61,110) |
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(
34,959) |
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_______ |
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_______ |
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Capital and reserves |
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(
61,110) |
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(
34,959) |
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_______ |
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Notes to the financial statements
LFBB Developments Ltd
Year ended 31 December 2022
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2021:
2
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2022 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr. L Budd |
(
124,469) |
36,600 |
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38,333) |
(
126,202) |
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2021 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Mr. L Budd |
- |
- |
(
124,469) |
(
124,469) |
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For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
28 February 2024
, and are signed on behalf of the board by:
Mr. L Budd
Director
Company registration number:
11120705
The company is a private company limited by shares, registered in England and Wales.