Company Registration No. NI674558 (Northern Ireland)
LPG Jets Limited
Unaudited accounts
for the year ended 30 November 2023
LPG Jets Limited
Unaudited accounts
Contents
LPG Jets Limited
Company Information
for the year ended 30 November 2023
Company Number
NI674558 (Northern Ireland)
Registered Office
36 The Paddocks
Ballycastle
County Antrim
BT54 6FG
Northern Ireland
Accountants
TAG Accountants (N.I.) Ltd
81a Galgorm Road
Ballymena
Co Antrim
BT42 1AA
LPG Jets Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
54,856
63,542
Creditors: amounts falling due within one year
(61,415)
(88,781)
Net current assets
51,291
29,761
Total assets less current liabilities
54,291
29,761
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
53,501
29,661
Shareholders' funds
53,601
29,761
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 director acknowledges his 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 and authorised for issue on 21 August 2024 and were signed on its behalf by
Adrian Turley
Director
Company Registration No. NI674558
LPG Jets Limited
Notes to the Accounts
for the year ended 30 November 2023
LPG Jets Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI674558. The registered office is 36 The Paddocks, Ballycastle, County Antrim, BT54 6FG, Northern Ireland.
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:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
LPG Jets Limited
Notes to the Accounts
for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
46,666
Trade creditors
13,846
4,562
Taxes and social security
17,383
7,238
Loans from directors
16,817
25,771
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).