1 December 2022 false No description of principal activity Taxfiler 2024.5 NI674558business:PrivateLimitedCompanyLtd2022-12-012023-11-30 NI6745582022-11-30 NI6745582022-12-012023-11-30 NI674558business:AuditExemptWithAccountantsReport2022-12-012023-11-30 NI674558business:FilletedAccounts2022-12-012023-11-30 NI6745582023-11-30 NI674558business:Director12022-12-012023-11-30 NI674558business:CompanySecretary12022-12-012023-11-30 NI674558business:RegisteredOffice2022-12-012023-11-30 NI6745582022-11-30 NI674558core:WithinOneYear2023-11-30 NI674558core:WithinOneYear2022-11-30 NI674558core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 NI674558core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 NI674558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 NI674558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 NI674558core:PreviouslyStatedAmount2023-11-30 NI674558core:PreviouslyStatedAmount2022-11-30 NI674558business:SmallEntities2022-12-012023-11-30 NI674558countries:NorthernIreland2022-12-012023-11-30 NI674558core:PlantMachinery2022-12-012023-11-30 NI674558core:PlantMachinery2022-11-30 NI674558core:PlantMachinery2023-11-30 NI6745582021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. NI674558 (Northern Ireland)
LPG Jets Limited Unaudited accounts for the year ended 30 November 2023
LPG Jets Limited Unaudited accounts Contents
Page
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LPG Jets Limited Company Information for the year ended 30 November 2023
Director
Adrian Turley
Secretary
Adrian Turley
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
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LPG Jets Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,000 
- 
Current assets
Inventories
57,850 
55,000 
Cash at bank and in hand
54,856 
63,542 
112,706 
118,542 
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
Deferred tax
(690)
- 
Net assets
53,601 
29,761 
Capital and reserves
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
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LPG Jets Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 December 2022
- 
Additions
3,750 
At 30 November 2023
3,750 
Depreciation
Charge for the year
750 
At 30 November 2023
750 
Net book value
At 30 November 2023
3,000 
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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 
VAT
12,119 
3,294 
Trade creditors
13,846 
4,562 
Taxes and social security
17,383 
7,238 
Loans from directors
16,817 
25,771 
Accruals
1,250 
1,250 
61,415 
88,781 
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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