LYONS CLEARANCE SERVICES LTD

Company Registration Number:
04945159 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

LYONS CLEARANCE SERVICES LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

LYONS CLEARANCE SERVICES LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 13,818 17,169
Total fixed assets: 13,818 17,169
Current assets
Debtors:   21,377 34,290
Cash at bank and in hand: 97 908
Total current assets: 21,474 35,198
Creditors: amounts falling due within one year:   (32,767) (50,104)
Net current assets (liabilities): (11,293) (14,906)
Total assets less current liabilities: 2,525 2,263
Total net assets (liabilities): 2,525 2,263
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,425 2,163
Shareholders funds: 2,525 2,263

The notes form part of these financial statements

LYONS CLEARANCE SERVICES LTD

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 August 2024
and signed on behalf of the board by:

Name: Steven Lyons
Status: Director

The notes form part of these financial statements

LYONS CLEARANCE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Plant & machinery 15% Reducing Balance Fixtures & fittings 15% Reducing Balance Motor Vehicle 25% Reducing Balance

Other accounting policies

Basis of Preparation These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland Current Tax Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

LYONS CLEARANCE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

LYONS CLEARANCE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 78,991
Additions 208
At 30 November 2023 79,199
Depreciation
At 01 December 2022 61,822
Charge for year 3,559
At 30 November 2023 65,381
Net book value
At 30 November 2023 13,818
At 30 November 2022 17,169