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REGISTERED NUMBER: 10540024 (England and Wales)















L C Dobney Ltd

Unaudited Financial Statements for the Year Ended 31 December 2023






L C Dobney Ltd (Registered number: 10540024)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


L C Dobney Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: L C Dobney





REGISTERED OFFICE: Park Farm
Park Lane
Surfleet
Spalding
Lincolnshire
PE11 4AF





REGISTERED NUMBER: 10540024 (England and Wales)





ACCOUNTANTS: Salway and Wright
32 The Crescent
Spalding
Lincolnshire
PE11 1AF

L C Dobney Ltd (Registered number: 10540024)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,984 90,936

CURRENT ASSETS
Stocks 8,500 8,500
Debtors 5 2,846 -
Cash at bank 5,244 10,455
16,590 18,955
CREDITORS
Amounts falling due within one year 6 47,121 64,699
NET CURRENT LIABILITIES (30,531 ) (45,744 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,453

45,192

CREDITORS
Amounts falling due after more than one
year

7

18,547

22,141
NET ASSETS 23,906 23,051

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 23,905 23,050
SHAREHOLDERS' FUNDS 23,906 23,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

L C Dobney Ltd (Registered number: 10540024)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2024 and were signed by:





L C Dobney - Director


L C Dobney Ltd (Registered number: 10540024)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

L C Dobney Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and equipment - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

L C Dobney Ltd (Registered number: 10540024)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 143,724 21,700 165,424
DEPRECIATION
At 1 January 2023 60,468 14,020 74,488
Charge for year 15,411 2,541 17,952
At 31 December 2023 75,879 16,561 92,440
NET BOOK VALUE
At 31 December 2023 67,845 5,139 72,984
At 31 December 2022 83,256 7,680 90,936

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 2,846 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 8,544 14,541
Taxation and social security 38,577 32,424
Other creditors - 17,734
47,121 64,699

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 18,547 22,141