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Company Registration No. 13670644 (England and Wales)
LGM AUTO LTD Unaudited accounts for the year ended 31 October 2023
LGM AUTO LTD Unaudited accounts Contents
Page
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LGM AUTO LTD Company Information for the year ended 31 October 2023
Director
MIHAILA, Laurentiu Gabriel
Company Number
13670644 (England and Wales)
Registered Office
46 COLLEY AVENUE WOLVERHAMPTON WV10 9BN ENGLAND
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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LGM AUTO LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
2,596 
Cash at bank and in hand
702 
22 
702 
2,618 
Creditors: amounts falling due within one year
(634)
(1,904)
Net current assets
68 
714 
Net assets
68 
714 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
67 
713 
Shareholders' funds
68 
714 
For the year ending 31 October 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 22 July 2024 and were signed on its behalf by
MIHAILA, Laurentiu Gabriel Director Company Registration No. 13670644
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LGM AUTO LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
LGM AUTO LTD is a private company, limited by shares, registered in England and Wales, registration number 13670644. The registered office is 46 COLLEY AVENUE, WOLVERHAMPTON, WV10 9BN, ENGLAND.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,596 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
564 
564 
Taxes and social security
70 
770 
Other creditors
- 
570 
634 
1,904 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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