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Company Registration No. 13091059 (England and Wales)
In & Out Lifts Ltd Unaudited accounts for the year ended 31 December 2023
In & Out Lifts Ltd Unaudited accounts Contents
Page
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In & Out Lifts Ltd Company Information for the year ended 31 December 2023
Director
Mr Arron Murphy
Company Number
13091059 (England and Wales)
Registered Office
C/O: Blue Sky Accountants Limited, Innovation Centre Medway, Maidstone Road Chatham Kent ME5 9FD United Kingdom
Accountants
Blue Sky Accountants Limited Innovation Centre Medway Maidstone Road Chatham Kent ME5 9FD
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In & Out Lifts Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
81,602 
15,360 
Current assets
Debtors
52,685 
67,000 
Cash at bank and in hand
10,667 
57,000 
63,352 
124,000 
Creditors: amounts falling due within one year
(8,497)
(38,134)
Net current assets
54,855 
85,866 
Net assets
136,457 
101,226 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
136,357 
101,126 
Shareholders' funds
136,457 
101,226 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 July 2023 and were signed on its behalf by
Mr Arron Murphy Director Company Registration No. 13091059
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In & Out Lifts Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
In & Out Lifts Ltd is a private company, limited by shares, registered in England and Wales, registration number 13091059. The registered office is C/O: Blue Sky Accountants Limited,, Innovation Centre Medway, Maidstone Road, Chatham, Kent, ME5 9FD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line Method
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2023
19,200 
Additions
72,826 
At 31 December 2023
92,026 
Depreciation
At 1 January 2023
3,840 
Charge for the year
6,584 
At 31 December 2023
10,424 
Net book value
At 31 December 2023
81,602 
At 31 December 2022
15,360 
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In & Out Lifts Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,000 
10,000 
Other debtors
42,685 
57,000 
52,685 
67,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
1,442 
Taxes and social security
7,082 
36,692 
Other creditors
1,415 
- 
8,497 
38,134 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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