Company Registration No. 00545753 (England and Wales)
28Limestreet Ltd
Unaudited accounts
for the year ended 30 April 2024
28Limestreet Ltd
Unaudited accounts
Contents
28Limestreet Ltd
Company Information
for the year ended 30 April 2024
Directors
Clare L McEwan
JL Ormond
Company Number
00545753 (England and Wales)
Registered Office
28 Lime Street
Newcastle Upon Tyne
NE1 2PL
Accountants
Abacus Jack Ltd
New Century House
Crowther Road
Washington
Tyne and Wear
NE38 0QA
28Limestreet Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
141,030
142,184
Cash at bank and in hand
342,920
385,697
Creditors: amounts falling due within one year
(50,681)
(44,452)
Net current assets
294,749
343,659
Total assets less current liabilities
439,779
489,843
Provisions for liabilities
Deferred tax
(12,470)
(3,068)
Net assets
427,309
486,775
Called up share capital
875
875
Capital redemption reserve
800
800
Profit and loss account
425,634
485,100
Shareholders' funds
427,309
486,775
For the year ending 30 April 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 24 September 2024 and were signed on its behalf by
Clare L McEwan
Director
Company Registration No. 00545753
28Limestreet Ltd
Notes to the Accounts
for the year ended 30 April 2024
28Limestreet Ltd is a private company, limited by shares, registered in England and Wales, registration number 00545753. The registered office is 28 Lime Street, Newcastle Upon Tyne, NE1 2PL.
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
Straight line over 50 years
Motor vehicles
25% reducing balance basis
Fixtures & fittings
15% reducing balance basis
Computer equipment
25% straight line basis
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
112,676
40,500
113,341
15,246
281,763
Additions
-
-
14,046
-
14,046
At 30 April 2024
112,676
40,500
127,387
15,246
295,809
At 1 May 2023
36,642
15,161
72,530
15,246
139,579
Charge for the year
636
6,335
8,229
-
15,200
At 30 April 2024
37,278
21,496
80,759
15,246
154,779
At 30 April 2024
75,398
19,004
46,628
-
141,030
At 30 April 2023
76,034
25,339
40,811
-
142,184
28Limestreet Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Investments
Other investments
Valuation at 1 May 2023
4,000
Valuation at 30 April 2024
4,000
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,263
6,284
Other creditors
39,660
29,161
Loans from directors
121
177
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).