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Company Registration No. 5389999 (England and Wales)
London Extension Company Limited Unaudited accounts for the year ended 31 March 2024
London Extension Company Limited Unaudited accounts Contents
Page
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London Extension Company Limited Company Information for the year ended 31 March 2024
Directors
Mr. A.C. Green Mrs. T.E. Green
Secretary
Mrs. T. Green
Company Number
5389999 (England and Wales)
Registered Office
29 Berwyn Road Richmond Surrey TW10 5BP
Accountants
Ashley & Co. Chartered Certified Accountants 38 Wey House 15 Church Street Weybridge Surrey KT13 8NA
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London Extension Company Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,788 
849 
Current assets
Inventories
3,893 
3,173 
Debtors
22,714 
28,048 
Cash at bank and in hand
38,959 
12,141 
65,566 
43,362 
Creditors: amounts falling due within one year
(51,728)
(21,269)
Net current assets
13,838 
22,093 
Total assets less current liabilities
15,626 
22,942 
Creditors: amounts falling due after more than one year
(11,756)
(21,702)
Net assets
3,870 
1,240 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,868 
1,238 
Shareholders' funds
3,870 
1,240 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by
Mr. A.C. Green Director Company Registration No. 5389999
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London Extension Company Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
London Extension Company Limited is a private company, limited by shares, registered in England and Wales, registration number 5389999. The registered office is 29 Berwyn Road, Richmond, Surrey, TW10 5BP.
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.
Principal Activities
The activity of the company is that of building and construction.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line 15%
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
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London Extension Company Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
16,283 
Additions
1,682 
At 31 March 2024
17,965 
Depreciation
At 1 April 2023
15,434 
Charge for the year
743 
At 31 March 2024
16,177 
Net book value
At 31 March 2024
1,788 
At 31 March 2023
849 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
22,714 
28,048 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
27,363 
6,323 
Taxes and social security
13,717 
4,298 
51,728 
21,269 
The amount includes a proportion of a bank bounce back loan, with an amount of £10648 assumed repayable within one year.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,756 
21,702 
A bank bounce back loan of £50000 was received during the year to 31st March, 2021, with one year included as at 31st March, 2024, as due after one year, excluding interest.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares - Class A of £1 each
1 
1 
1 Ordinary shares - Class B of £1 each
1 
1 
2 
2 
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London Extension Company Limited Notes to the Accounts for the year ended 31 March 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr. A.C. Green
Amount due by the director to the company
14,024 
11,357 
14,024 
11,357 
Mrs. T.E. Green
Amount due by the director to the company
14,024 
11,357 
14,024 
11,357 
28,048 
22,714 
28,048 
22,714 
The amounts due by the directors includes advances on company expenses, which are included as other debtors.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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