Company Registration No. 12817988 (England and Wales)
L K Industrial Services Ltd
Unaudited accounts
for the year ended 31 December 2023
L K Industrial Services Ltd
Unaudited accounts
Contents
L K Industrial Services Ltd
Company Information
for the year ended 31 December 2023
Directors
Gary Smith
Tara Igoe-Smith
Company Number
12817988 (England and Wales)
Registered Office
30 Smiths Lane
SWINDON
SN3 3FX
ENGLAND
L K Industrial Services Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
3,714
8,263
Creditors: amounts falling due within one year
(8,226)
(19,599)
Net current assets
7,314
48
Called up share capital
20
20
Profit and loss account
8,019
806
Shareholders' funds
8,039
826
For the year ending 31 December 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 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 14 September 2024 and were signed on its behalf by
Gary Smith
Director
Company Registration No. 12817988
L K Industrial Services Ltd
Notes to the Accounts
for the year ended 31 December 2023
L K Industrial Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12817988. The registered office is 30 Smiths Lane, SWINDON, SN3 3FX, 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:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
858
220
1,078
At 31 December 2023
1,028
220
1,248
At 1 January 2023
234
66
300
Charge for the year
184
39
223
At 31 December 2023
418
105
523
At 31 December 2023
610
115
725
At 31 December 2022
624
154
778
L K Industrial Services Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due after more than one year
Other debtors
11,826
11,384
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
8,226
8,599
Loans from directors
-
10,500
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).