2023-01-01 06772465 2023-12-31 06772465 2023-01-01 2023-12-31 06772465 2022-12-31 06772465 2022-01-01 2022-12-31 06772465 uk-core:WithinOneYear 2022-12-31 06772465 uk-core:WithinOneYear 2023-12-31 06772465 uk-core:ShareCapital 2023-12-31 06772465 uk-core:ShareCapital 2022-12-31 06772465 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 06772465 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 06772465 uk-bus:Director1 2023-01-01 2023-12-31 06772465 uk-core:NetGoodwill 2023-01-01 2023-12-31 06772465 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 06772465 uk-core:ToolsEquipment 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 06772465 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 06772465 uk-bus:FRS102 2023-01-01 2023-12-31 06772465 uk-bus:FullAccounts 2023-01-01 2023-12-31 06772465 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Draft
Luke's Locks Limited
Registered Number:06772465
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 December 2023
Luke's Locks Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
06772465
As at 31 December 2023
Luke's Locks Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
799
1,512
799
1,512
Current assets
Inventories
2,500
2,500
2
Trade and other receivables
4,207
3,918
3
106,046
Cash and cash equivalents
97,204
103,622
112,753
Trade and other payables: amounts falling due within one
year
(7,928)
(4,488)
4
104,825
99,134
Net current assets
Total assets less current liabilities
99,933
106,337
(152)
(268)
Provisions for liabilities
99,781
Net assets
106,069
Capital and reserves
Called up share capital
2
2
Retained earnings
99,779
106,067
99,781
106,069
Shareholders' funds
For the year ended 31 December 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 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
Luke Coleman Director
These financial statements were approved and authorised for issue by the Board on 09 March 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 December 2023
Luke's Locks Limited
Notes to the Financial Statements
Statutory Information
Luke's Locks Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06772465.
Registered address:
23 Poppyhills Road
Camberley
Surrey
GU15 4ES
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.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 5 years.
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
Motor vehicles
33% Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2. Inventories
2022
2023
£
£
Stocks
2,500
2,500
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5
Draft
For the year ended 31 December 2023
Luke's Locks Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
3,210
3,598
Other debtors
708
609
4,207
3,918
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
198
1,177
Taxation and social security
4,290
6,751
4,488
7,928
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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