2022-12-01 07840137 2023-11-30 07840137 2022-12-01 2023-11-30 07840137 2022-11-30 07840137 2021-12-01 2022-11-30 07840137 uk-core:WithinOneYear 2022-11-30 07840137 uk-core:WithinOneYear 2023-11-30 07840137 uk-core:ShareCapital 2023-11-30 07840137 uk-core:ShareCapital 2022-11-30 07840137 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 07840137 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 07840137 uk-bus:Director1 2022-12-01 2023-11-30 07840137 uk-core:OfficeEquipment 2022-12-01 2023-11-30 07840137 uk-core:MotorVehicles 2022-12-01 2023-11-30 07840137 uk-core:OfficeEquipment 2022-11-30 07840137 uk-core:MotorVehicles 2022-11-30 07840137 uk-core:MotorVehicles 2023-11-30 07840137 uk-core:OfficeEquipment 2023-11-30 iso4217:GBP xbrli:pure 07840137 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 07840137 uk-bus:FRS102 2022-12-01 2023-11-30 07840137 uk-bus:FullAccounts 2022-12-01 2023-11-30 07840137 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
London Road Hardware Limited
Registered Number:07840137
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
London Road Hardware Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07840137
As at 30 November 2023
London Road Hardware Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
552
736
2
552
736
Current assets
Inventories
32,430
32,428
3
Trade and other receivables
637
720
4
70,322
Cash and cash equivalents
77,617
110,765
103,389
Trade and other payables: amounts falling due within one year
(42,072)
(54,146)
5
61,317
56,619
Net current assets
Total assets less current liabilities
57,171
62,053
(105)
(140)
Provisions for liabilities
57,066
Net assets
61,913
Capital and reserves
Called up share capital
100
100
Retained earnings
56,966
61,813
57,066
61,913
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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 Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr M Philby Director
These financial statements were approved and authorised for issue by the Board on 06 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2023
London Road Hardware Limited
Notes to the Financial Statements
Statutory Information
London Road Hardware Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07840137.
Principal place of business:
30A London Road
Tetbury
Gloucestershire
GL8 8JL
Registered address:
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
Inventories
Inventories are valued at the lower of cost and estimated selling price less costs to sell.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 30 November 2023
London Road Hardware Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or valuation
At 01 December 2022
7,031
2,631
4,400
At 30 November 2023
4,400
2,631
7,031
Provision for depreciation and impairment
At 01 December 2022
6,295
2,142
4,153
Charge for year
184
122
62
At 30 November 2023
6,479
2,264
4,215
At 30 November 2023
Net book value
185
367
552
At 30 November 2022
247
489
736
3. Inventories
2022
2023
£
£
Stocks
32,428
32,430
4. Trade and other receivables
2022
2023
£
£
Other debtors
720
637
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
8,476
10,658
Taxation and social security
6,635
4,263
Other creditors
39,035
27,151
54,146
42,072
6. Average number of persons employed
During the year the average number of employees was 4 (2022 : 4)
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