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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
Page
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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
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L K Industrial Services Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
725 
778 
Current assets
Debtors
11,826 
11,384 
Cash at bank and in hand
3,714 
8,263 
15,540 
19,647 
Creditors: amounts falling due within one year
(8,226)
(19,599)
Net current assets
7,314 
48 
Net assets
8,039 
826 
Capital and reserves
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
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L K Industrial Services Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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.
Turnover
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 
Additions
170 
- 
170 
At 31 December 2023
1,028 
220 
1,248 
Depreciation
At 1 January 2023
234 
66 
300 
Charge for the year
184 
39 
223 
At 31 December 2023
418 
105 
523 
Net book value
At 31 December 2023
610 
115 
725 
At 31 December 2022
624 
154 
778 
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L K Industrial Services Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
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 
Accruals
- 
500 
8,226 
19,599 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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