Company Registration No. 13584706 (England and Wales)
Labour at Heights Ltd
Unaudited accounts
for the year ended 31 August 2023
Labour at Heights Ltd
Unaudited accounts
Contents
Labour at Heights Ltd
Company Information
for the year ended 31 August 2023
Director
Larna Victoria Hendry
Company Number
13584706 (England and Wales)
Registered Office
6 Hollinwood Business Centre
Albert Street
Oldham
OL8 3QL
United Kingdom
Accountants
Pearl Accounting Limited
Suite 1
116 Ballards Lane
Finchley
London
N3 2DN
Labour at Heights Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
7,474
10,672
Cash at bank and in hand
2,517
11,752
Creditors: amounts falling due within one year
(22,077)
(20,071)
Net current liabilities
(5,741)
(8,319)
Called up share capital
1
1
Profit and loss account
1,732
2,352
Shareholders' funds
1,733
2,353
For the year ending 31 August 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 her 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 31 August 2024 and were signed on its behalf by
Larna Victoria Hendry
Director
Company Registration No. 13584706
Labour at Heights Ltd
Notes to the Accounts
for the year ended 31 August 2023
Labour at Heights Ltd is a private company, limited by shares, registered in England and Wales, registration number 13584706. The registered office is 6 Hollinwood Business Centre, Albert Street, Oldham, OL8 3QL, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% straight line
Motor vehicles
25% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Labour at Heights Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2022
2,230
12,000
14,230
At 31 August 2023
2,709
12,000
14,709
At 1 September 2022
558
3,000
3,558
Charge for the year
677
3,000
3,677
At 31 August 2023
1,235
6,000
7,235
At 31 August 2023
1,474
6,000
7,474
At 31 August 2022
1,672
9,000
10,672
Amounts falling due after more than one year
Accrued income and prepayments
13,819
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,972
1,961
Other creditors
15,074
15,037
Loans from directors
3,506
1,698
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).