Company Registration No. 8283501 (England and Wales)
Lining Sector Limited
Unaudited accounts
for the year ended 30 November 2023
Lining Sector Limited
Unaudited accounts
Contents
Lining Sector Limited
Company Information
for the year ended 30 November 2023
Directors
P Danes
D Kiddle
Company Number
8283501 (England and Wales)
Registered Office
85 Hook Road
Epsom
Surrey
KT19 8TP
Accountants
Magic Eye Consulting Ltd
85 Hook Road
Epsom
Surrey
KT19 8TP
Lining Sector Limited
Statement of financial position
as at 30 November 2023
Tangible assets
11,504
36,075
Cash at bank and in hand
6,496
36,002
Creditors: amounts falling due within one year
(73,834)
(63,596)
Net current assets
87,807
134,973
Total assets less current liabilities
99,311
171,048
Creditors: amounts falling due after more than one year
(36,212)
(48,983)
Called up share capital
100
100
Profit and loss account
62,999
121,965
Shareholders' funds
63,099
122,065
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 24 August 2024 and were signed on its behalf by
D Kiddle
Director
Company Registration No. 8283501
Lining Sector Limited
Notes to the Accounts
for the year ended 30 November 2023
Lining Sector Limited is a private company, limited by shares, registered in England and Wales, registration number 8283501. The registered office is 85 Hook Road, Epsom, Surrey, KT19 8TP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
122,855
56,311
179,166
At 30 November 2023
122,855
56,311
179,166
At 1 December 2022
86,780
56,311
143,091
Charge for the year
24,571
-
24,571
At 30 November 2023
111,351
56,311
167,662
At 30 November 2023
11,504
-
11,504
At 30 November 2022
36,075
-
36,075
Amounts falling due within one year
Trade debtors
155,145
162,567
Lining Sector Limited
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,993
2,784
Taxes and social security
48,151
39,437
Loans from directors
372
493
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,149
8,670
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).