10459808falseBusiness support2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-12-012023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10459808

L.S Connell Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

L.S Connell Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
L S Connell
REGISTERED OFFICE
71A Hartwell Road
Hanslope
Buckinghamshire
MK19 7BY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10459808
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

L.S Connell Limited

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

L.S Connell Limited

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Tangible assets2187,875139,604
CURRENT ASSETS
Stock145,000137,500
Debtors4176,14672,826
Cash at bank and in hand-12,798
321,146223,124
CREDITORS: Amounts falling due within one year5141,57666,022
NET CURRENT ASSETS179,570157,102
TOTAL ASSETS LESS CURRENT LIABILITIES367,445296,706
CREDITORS: Amounts falling due after more than one year6266,393196,360
PROVISIONS FOR LIABILITIES AND CHARGES835,69626,525
NET ASSETS65,35673,821
CAPITAL AND RESERVES
Called up share capital9101101
Profit and loss account65,25573,720
SHAREHOLDERS' FUNDS65,35673,821
For the year ending 30/11/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/08/2024 and signed on their behalf by
.............................
L S Connell
Director

L.S Connell Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

L.S Connell Limited

2. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesTotal
£££
Cost
At 01/12/2022159,25026,890186,140
Additions105,060-105,060
At 30/11/2023264,31026,890291,200
Depreciation
At 01/12/202239,8136,72346,536
For the year51,7475,04256,789
At 30/11/202391,56011,765103,325
Net Book Amounts
At 30/11/2023172,75015,125187,875
At 30/11/2022119,43720,167139,604
3. STOCK 20232022
££
Stock comprises:
Debtors and work in progress145,000137,500
145,000137,500
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors59,80648,462
VAT6,34116,788
Other debtors7,509-
Directors current account102,4907,576
176,14672,826

L.S Connell Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Bank loans and overdrafts50,787-
Bank Loan33,5379,787
Loans-11,854
Hire purchase43,54030,038
Trade creditors11,01611,709
Accruals2,6962,634
141,57666,022
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr9,03129,116
Loans >1yr98,71244,948
Hire purchase >1yr158,650122,296
266,393196,360
7. EMPLOYEES
20232022
No.No.
Average number of employees22
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation35,69626,525
35,69626,525

L.S Connell Limited

9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
1 "A" Ordinary shares of £1 each11
101101
New shares issued during period:
"A" Ordinary shares of £1 each1
10. CONTROLLING PARTY
The company is under the ultimate control of the director.
11. RELATED PARTY TRANSACTIONS