IRIS Accounts Production v24.2.0.383 07567522 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075675222023-03-31075675222024-03-31075675222023-04-012024-03-31075675222022-03-31075675222022-04-012023-03-31075675222023-03-3107567522ns15:EnglandWales2023-04-012024-03-3107567522ns14:PoundSterling2023-04-012024-03-3107567522ns10:Director12023-04-012024-03-3107567522ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107567522ns10:SmallEntities2023-04-012024-03-3107567522ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3107567522ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107567522ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107567522ns10:FullAccounts2023-04-012024-03-3107567522ns10:OrdinaryShareClass12023-04-012024-03-3107567522ns10:RegisteredOffice2023-04-012024-03-3107567522ns5:CurrentFinancialInstruments2024-03-3107567522ns5:CurrentFinancialInstruments2023-03-3107567522ns5:Non-currentFinancialInstruments2024-03-3107567522ns5:Non-currentFinancialInstruments2023-03-3107567522ns5:ShareCapital2024-03-3107567522ns5:ShareCapital2023-03-3107567522ns5:RetainedEarningsAccumulatedLosses2024-03-3107567522ns5:RetainedEarningsAccumulatedLosses2023-03-3107567522ns5:PlantMachinery2023-04-012024-03-3107567522ns5:PlantMachinery2023-03-3107567522ns5:PlantMachinery2024-03-3107567522ns5:PlantMachinery2023-03-3107567522ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107567522ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3107567522ns10:OrdinaryShareClass12024-03-31075675221ns10:Director12023-03-31075675221ns10:Director12022-03-31075675221ns10:Director12023-04-012024-03-31075675221ns10:Director12022-04-012023-03-31075675221ns10:Director12024-03-31075675221ns10:Director12023-03-31
REGISTERED NUMBER: 07567522 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

LMRT Design Limited

LMRT Design Limited (Registered number: 07567522)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

LMRT Design Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P R Tompsett





REGISTERED OFFICE: Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD





REGISTERED NUMBER: 07567522 (England and Wales)





ACCOUNTANTS: Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD

LMRT Design Limited (Registered number: 07567522)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,255 9,215

CURRENT ASSETS
Stocks 10,219 12,698
Debtors 5 87,610 79,594
Cash at bank and in hand 7,300 1,862
105,129 94,154
CREDITORS
Amounts falling due within one year 6 96,693 81,365
NET CURRENT ASSETS 8,436 12,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,691

22,004

CREDITORS
Amounts falling due after more than one
year

7

18,000

20,960
NET ASSETS 691 1,044

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 591 944
SHAREHOLDERS' FUNDS 691 1,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

LMRT Design Limited (Registered number: 07567522)

Balance Sheet - continued
31 March 2024


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 27 August 2024 and were signed by:





P R Tompsett - Director


LMRT Design Limited (Registered number: 07567522)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

LMRT Design 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 represents net invoiced sales of services, excluding value added tax (having regard to the fulfilment of contractual obligations).

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 - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 24,711
Additions 2,748
At 31 March 2024 27,459
DEPRECIATION
At 1 April 2023 15,496
Charge for year 1,708
At 31 March 2024 17,204
NET BOOK VALUE
At 31 March 2024 10,255
At 31 March 2023 9,215

LMRT Design Limited (Registered number: 07567522)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 9,684 19,747
Other debtors 77,926 59,847
87,610 79,594

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 3,000 3,000
Hire purchase contracts 1,786 -
Trade creditors 4,209 1,872
Taxation and social security 86,198 74,993
Other creditors 1,500 1,500
96,693 81,365

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 18,000 20,960

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,000 8,960

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
P R Tompsett
Balance outstanding at start of year 52,961 51,190
Amounts advanced 81,556 65,794
Amounts repaid (65,962 ) (64,023 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 68,555 52,961

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
LMRT Design Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LMRT Design Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of LMRT Design Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LMRT Design Limited and state those matters that we have agreed to state to the director of LMRT Design Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that LMRT Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of LMRT Design Limited. You consider that LMRT Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of LMRT Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD


27 August 2024