Company Registration No. 13051359 (England and Wales)
Lgtc Limited
Unaudited accounts
for the year ended 30 November 2023
Lgtc Limited
Unaudited accounts
Contents
Lgtc Limited
Company Information
for the year ended 30 November 2023
Director
Gorgol, Lukasz Radoslaw
Company Number
13051359 (England and Wales)
Registered Office
36 Shortwood Avenue
Staines-Upon-Thames
TW18 4JL
England
Lgtc Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
5,650
Creditors: amounts falling due within one year
30,982
Net current assets
169,342
Total assets less current liabilities
212,440
Creditors: amounts falling due after more than one year
(26,908)
Called up share capital
100
Profit and loss account
185,432
Shareholders' funds
185,532
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 31 August 2024 and were signed on its behalf by
Gorgol, Lukasz Radoslaw
Director
Company Registration No. 13051359
Lgtc Limited
Notes to the Accounts
for the year ended 30 November 2023
Lgtc Limited is a private company, limited by shares, registered in England and Wales, registration number 13051359. The registered office is 36 Shortwood Avenue, Staines-Upon-Thames, TW18 4JL, England.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
9,725
15,100
24,825
At 30 November 2023
9,725
41,626
51,351
At 1 December 2022
-
1,715
1,715
Charge for the year
2,350
4,188
6,538
At 30 November 2023
2,350
5,903
8,253
At 30 November 2023
7,375
35,723
43,098
Lgtc Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
Taxes and social security
6,566
Loans from directors
(37,548)
7
Creditors: amounts falling due after more than one year
2023
Obligations under finance leases and hire purchase contracts
6,172
Taxes and social security
20,736
8
Average number of employees
During the year the average number of employees was 2.