IRIS Accounts Production v24.1.0.578 06901607 director 1.4.23 31.3.24 31.3.24 freight transport by road. false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069016072023-03-31069016072024-03-31069016072023-04-012024-03-31069016072022-03-31069016072022-04-012023-03-31069016072023-03-3106901607ns15:EnglandWales2023-04-012024-03-3106901607ns14:PoundSterling2023-04-012024-03-3106901607ns10:Director12023-04-012024-03-3106901607ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106901607ns10:SmallEntities2023-04-012024-03-3106901607ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106901607ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106901607ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106901607ns10:FullAccounts2023-04-012024-03-3106901607ns10:CompanySecretary12023-04-012024-03-3106901607ns10:RegisteredOffice2023-04-012024-03-3106901607ns5:CurrentFinancialInstruments2024-03-3106901607ns5:CurrentFinancialInstruments2023-03-3106901607ns5:ShareCapital2024-03-3106901607ns5:ShareCapital2023-03-3106901607ns5:RetainedEarningsAccumulatedLosses2024-03-3106901607ns5:RetainedEarningsAccumulatedLosses2023-03-3106901607ns5:PlantMachinery2023-04-012024-03-3106901607ns5:PlantMachinery2024-03-31
REGISTERED NUMBER: 06901607 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

L.S. SERVICE & MAINTENANCE LTD

L.S. SERVICE & MAINTENANCE LTD (Registered number: 06901607)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


L.S. SERVICE & MAINTENANCE LTD

Company Information
for the Year Ended 31 March 2024







DIRECTOR: L B SHAW





SECRETARY: MERLIN BUSINESS SERVICES UK LTD





REGISTERED OFFICE: STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE





REGISTERED NUMBER: 06901607 (England and Wales)





ACCOUNTANTS: MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD
STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE

L.S. SERVICE & MAINTENANCE LTD (Registered number: 06901607)

Report of the Director
for the Year Ended 31 March 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

DIRECTOR
L B SHAW held office during the whole of the period from 1 April 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





L B SHAW - Director


1 August 2024

L.S. SERVICE & MAINTENANCE LTD (Registered number: 06901607)

Income Statement
for the Year Ended 31 March 2024

31/3/24 31/3/23
£    £   

TURNOVER 50,210 49,271

Cost of sales 33,183 24,200
GROSS PROFIT 17,027 25,071

Administrative expenses 16,478 25,420
OPERATING PROFIT/(LOSS) 549 (349 )


Interest payable and similar expenses 1 -
PROFIT/(LOSS) BEFORE TAXATION 548 (349 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE FINANCIAL YEAR 548 (349 )

L.S. SERVICE & MAINTENANCE LTD (Registered number: 06901607)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,500 -

CURRENT ASSETS
Debtors 5 (3,315 ) (2,464 )
Cash at bank and in hand 23,760 24,054
20,445 21,590
CREDITORS
Amounts falling due within one year 6 24,874 16,067
NET CURRENT (LIABILITIES)/ASSETS (4,429 ) 5,523
TOTAL ASSETS LESS CURRENT LIABILITIES 6,071 5,523

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,070 5,522
SHAREHOLDERS' FUNDS 6,071 5,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 1 August 2024 and were signed by:





L B SHAW - Director


L.S. SERVICE & MAINTENANCE LTD (Registered number: 06901607)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

L.S. SERVICE & MAINTENANCE LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 10,500
At 31 March 2024 10,500
NET BOOK VALUE
At 31 March 2024 10,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
CIS Tax suffered (3,315 ) (2,464 )

L.S. SERVICE & MAINTENANCE LTD (Registered number: 06901607)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 6 4
VAT - 488
Directors' current accounts 23,908 14,675
Accrued expenses 960 900
24,874 16,067