IRIS Accounts Production v24.1.9.2 05848110 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058481102022-12-31058481102023-12-31058481102023-01-012023-12-31058481102021-12-31058481102022-01-012022-12-31058481102022-12-3105848110ns15:EnglandWales2023-01-012023-12-3105848110ns14:PoundSterling2023-01-012023-12-3105848110ns10:Director12023-01-012023-12-3105848110ns10:Director22023-01-012023-12-3105848110ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3105848110ns10:SmallEntities2023-01-012023-12-3105848110ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3105848110ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3105848110ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105848110ns10:FullAccounts2023-01-012023-12-310584811012023-01-012023-12-3105848110ns10:CompanySecretary12023-01-012023-12-3105848110ns10:RegisteredOffice2023-01-012023-12-3105848110ns5:CurrentFinancialInstruments2023-12-3105848110ns5:CurrentFinancialInstruments2022-12-3105848110ns5:Non-currentFinancialInstruments2023-12-3105848110ns5:Non-currentFinancialInstruments2022-12-3105848110ns5:ShareCapital2023-12-3105848110ns5:ShareCapital2022-12-3105848110ns5:RetainedEarningsAccumulatedLosses2023-12-3105848110ns5:RetainedEarningsAccumulatedLosses2022-12-3105848110ns5:NetGoodwill2023-01-012023-12-3105848110ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3105848110ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-012023-12-3105848110ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-01-012023-12-3105848110ns5:PlantMachinery2023-01-012023-12-3105848110ns5:NetGoodwill2022-12-3105848110ns5:IntangibleAssetsOtherThanGoodwill2022-12-3105848110ns5:NetGoodwill2023-12-3105848110ns5:IntangibleAssetsOtherThanGoodwill2023-12-3105848110ns5:NetGoodwill2022-12-3105848110ns5:IntangibleAssetsOtherThanGoodwill2022-12-3105848110ns5:LandBuildings2022-12-3105848110ns5:PlantMachinery2022-12-3105848110ns5:LandBuildings2023-01-012023-12-3105848110ns5:LandBuildings2023-12-3105848110ns5:PlantMachinery2023-12-3105848110ns5:LandBuildings2022-12-3105848110ns5:PlantMachinery2022-12-3105848110ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3105848110ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 05848110 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

L R GROUP (INTERNATIONAL) LIMITED

L R GROUP (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 05848110)

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


L R GROUP (INTERNATIONAL) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: R E Myers
S F Myers





SECRETARY: S F Myers





REGISTERED OFFICE: The Officers Mess
Coldstream Road
Caterham
Surrey
CR3 5QX





REGISTERED NUMBER: 05848110 (England and Wales)





ACCOUNTANTS: Upton Neenan Lees
Chartered Accountants
21-23 Croydon Road
Caterham
Surrey
CR3 6PA

L R GROUP (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 05848110)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 404,729 21,836
404,729 21,836

CURRENT ASSETS
Debtors 6 303,793 415,707
Cash at bank 618,617 534,552
922,410 950,259
CREDITORS
Amounts falling due within one year 7 (528,244 ) (629,152 )
NET CURRENT ASSETS 394,166 321,107
TOTAL ASSETS LESS CURRENT
LIABILITIES

798,895

342,943

CREDITORS
Amounts falling due after more than one
year

8

(188,818

)

-
NET ASSETS 610,077 342,943

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 609,977 342,843
SHAREHOLDERS' FUNDS 610,077 342,943

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 directors acknowledge their 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.

L R GROUP (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 05848110)

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 Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:




R E Myers - Director



S F Myers - Director


L R GROUP (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 05848110)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

L R Group (International) Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

L R GROUP (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 05848110)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 10,000 64,500 74,500
AMORTISATION
At 1 January 2023
and 31 December 2023 10,000 64,500 74,500
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 - - -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 18,400 97,507 115,907
Additions - 406,857 406,857
At 31 December 2023 18,400 504,364 522,764
DEPRECIATION
At 1 January 2023 16,560 77,511 94,071
Charge for year 1,840 22,124 23,964
At 31 December 2023 18,400 99,635 118,035
NET BOOK VALUE
At 31 December 2023 - 404,729 404,729
At 31 December 2022 1,840 19,996 21,836

L R GROUP (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 05848110)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 266,606 203,065
Amounts owed by group undertakings 682 419
Other debtors 36,505 212,223
303,793 415,707

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 30,171 40,819
Trade creditors 183,476 191,114
Taxation and social security 81,917 90,282
Other creditors 232,680 306,937
528,244 629,152

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 188,818 -