Registered number
11455721
LPH 15 Limited
Accounts
For the Year ended
31 July 2023
Oakensen
Chartered Accountants
Bryer Ash Business Park
Trowbridge
Wiltshire
BA14 8HE
LPH 15 Limited
Registered number: 11455721
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 170,710 150,660
Cash at bank and in hand 306 25,504
171,016 176,164
Creditors: amounts falling due within one year 4 (125,194) (123,615)
Net current assets 45,822 52,549
Total assets less current liabilities 45,822 52,549
Creditors: amounts falling due after more than one year 5 (28,495) (32,797)
Net assets 17,327 19,752
Capital and reserves
Called up share capital 2 2
Profit and loss account 17,325 19,750
Shareholder's funds 17,327 19,752
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A J Dias
Director
Approved by the board on 20 August 2024
LPH 15 Limited
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is recognised when the service has been provided.
Debtors
Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price, which is usually the invoice price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors 49,783 49,783
Other debtors 120,927 100,877
170,710 150,660
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans 10,609 9,697
Trade creditors 3,279 2,306
Taxation and social security costs 110,189 110,639
Other creditors 1,117 973
125,194 123,615
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 28,495 32,797
6 Related party transactions
Included in other debtors is an amount of £120,927 (2022: £100,427) which is owed to the company by its parent company.
7 Other information
LPH 15 Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2 Bryer Ash Business Park
Trowbridge
Wiltshire
BA14 8HE
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