LANE BURN LIMITED

Company Registration Number:
SC638114 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

LANE BURN LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

LANE BURN LIMITED

Company Information

for the Period Ended 30 November 2023




Director: KERRY ANN THOMPSON
Registered office: Askari & Co Limited
162 Darnley Street
Glasgow
Scotland
GBR
G41 2LL
Company Registration Number: SC638114 (Scotland)

LANE BURN LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

The company's principal activity during the period was that of buying and selling of camelids.

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
KERRY ANN THOMPSON

This report was approved by the board of directors on 28 August 2024
And Signed On Behalf Of The Board By:

Name: KERRY ANN THOMPSON
Status: Director

LANE BURN LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 21,987 18,920
Total fixed assets: 21,987 18,920
Current assets
Cash at bank and in hand: 1,183 2,720
Total current assets: 1,183 2,720
Creditors: amounts falling due within one year: 5 ( 10,225 ) ( 8,329 )
Net current assets (liabilities): ( 9,042 ) ( 5,609 )
Total assets less current liabilities: 12,945 13,311
Creditors: amounts falling due after more than one year: 6 ( 15,621 ) ( 15,621 )
Total net assets (liabilities): ( 2,676 ) ( 2,310 )

The notes form part of these financial statements

LANE BURN LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 2,776 ) ( 2,410 )
Shareholders funds: ( 2,676 ) ( 2,310 )

For the year ending 30 November 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.

This report was approved by the board of directors on 28 August 2024
And Signed On Behalf Of The Board By:

Name: KERRY ANN THOMPSON
Status: Director

The notes form part of these financial statements

LANE BURN LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LANE BURN LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

LANE BURN LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

LANE BURN LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £
At 01 December 2022 12,963 2,603 8,000 23,566
Additions - 5,510 - 5,510
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 November 2023 12,963 8,113 8,000 29,076
Depreciation
At 01 December 2022 2,162 600 1,884 4,646
Charge for year 1,080 751 612 2,443
On disposals - - - -
Other adjustments - - - -
At 30 November 2023 3,242 1,351 2,496 7,089
Net book value
At 30 November 2023 9,721 6,762 5,504 21,987
At 30 November 2022 10,801 2,003 6,116 18,920

LANE BURN LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 249 747
Other creditors 9,976 7,582
Total 10,225 8,329

LANE BURN LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 15,621 15,621
Total 15,621 15,621