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REGISTERED NUMBER: 11097959 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Lambretta Concessionaires Ltd

Lambretta Concessionaires Ltd (Registered number: 11097959)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lambretta Concessionaires Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: G L Seale





REGISTERED OFFICE: 11 Aston Rogers
Shrewsbury
Shropshire
SY5 9HQ





REGISTERED NUMBER: 11097959 (England and Wales)





ACCOUNTANTS: Elliot Accountants Limited
3 Waterside Gardens
Shrewsbury
Shropshire
SY3 9AG

Lambretta Concessionaires Ltd (Registered number: 11097959)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,765 10,194

CURRENT ASSETS
Stocks 2,474 2,338
Debtors 5 2,975 2,988
Cash at bank 6,296 7,553
11,745 12,879
CREDITORS
Amounts falling due within one year 6 21,652 21,012
NET CURRENT LIABILITIES (9,907 ) (8,133 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,142

)

2,061

CREDITORS
Amounts falling due after more than one year 7 1,513 2,501
NET LIABILITIES (4,655 ) (440 )

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings (4,705 ) (490 )
(4,655 ) (440 )

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.

Lambretta Concessionaires Ltd (Registered number: 11097959)

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 13 September 2024 and were signed by:





G L Seale - Director


Lambretta Concessionaires Ltd (Registered number: 11097959)

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

1. STATUTORY INFORMATION

Lambretta Concessionaires 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 machinery etc - 33% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 16,490
Additions 3,100
At 31 December 2023 19,590
DEPRECIATION
At 1 January 2023 6,296
Charge for year 6,529
At 31 December 2023 12,825
NET BOOK VALUE
At 31 December 2023 6,765
At 31 December 2022 10,194

Lambretta Concessionaires Ltd (Registered number: 11097959)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 2,975 2,988

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 1,065 1,065
Trade creditors 1 -
Other creditors 20,586 19,947
21,652 21,012

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 1,513 2,501