Company Registration No. 10836431 (England and Wales)
L & R International Ltd
Unaudited accounts
for the year ended 31 August 2024
L & R International Ltd
Unaudited accounts
Contents
L & R International Ltd
Company Information
for the year ended 31 August 2024
Directors
Laura Ford
Richard Oakes
Company Number
10836431 (England and Wales)
Registered Office
254 Sandbanks Road
Lilliput
Poole
Dorset
BH14 8HA
Accountants
Chequers Services
5 The Pantiles
Victoria Road
Fordingbridge
Hampshire
SP6 1DQ
L & R International Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
97,420
123,982
Cash at bank and in hand
27,306
26,075
Creditors: amounts falling due within one year
(27,497)
(23,054)
Net current assets
9,559
8,621
Total assets less current liabilities
106,979
132,603
Creditors: amounts falling due after more than one year
(122,327)
(130,221)
Provisions for liabilities
Net (liabilities)/assets
(16,081)
1,489
Called up share capital
100
100
Profit and loss account
(16,181)
1,389
Shareholders' funds
(16,081)
1,489
For the year ending 31 August 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 18 September 2024 and were signed on its behalf by
Laura Ford
Director
Company Registration No. 10836431
L & R International Ltd
Notes to the Accounts
for the year ended 31 August 2024
L & R International Ltd is a private company, limited by shares, registered in England and Wales, registration number 10836431. The registered office is 254 Sandbanks Road, Lilliput, Poole, Dorset, BH14 8HA.
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.
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:
Land & buildings
10% Reducing Balance
Plant & machinery
18% Reducing Balance
Motor vehicles
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 September 2023
787
124,527
34,990
1,683
6,584
168,571
Disposals
-
(10,323)
-
-
(1,295)
(11,618)
At 31 August 2024
787
114,204
34,990
1,683
5,289
156,953
At 1 September 2023
-
28,620
13,581
572
1,816
44,589
Charge for the year
-
10,192
3,854
201
697
14,944
At 31 August 2024
-
38,812
17,435
773
2,513
59,533
At 31 August 2024
787
75,392
17,555
910
2,776
97,420
At 31 August 2023
787
95,907
21,409
1,111
4,768
123,982
L & R International Ltd
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(614)
3,386
Taxes and social security
841
-
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
101,704
101,704
7
Average number of employees
During the year the average number of employees was 18 (2023: 18).