1 January 2023 v2024.44.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP114808522023-01-012023-12-31114808522023-12-31114808522022-12-3111480852core:WithinOneYear2023-12-3111480852core:WithinOneYear2022-12-3111480852core:ShareCapital2023-12-3111480852core:ShareCapital2022-12-3111480852core:RetainedEarningsAccumulatedLosses2023-12-3111480852core:RetainedEarningsAccumulatedLosses2022-12-3111480852bus:Director12023-01-012023-12-3111480852bus:RegisteredOffice2023-01-012023-12-3111480852core:OfficeEquipment2023-01-012023-12-3111480852core:LandBuildings2023-01-0111480852core:PlantMachinery2023-01-01114808522023-01-0111480852core:PlantMachinery2023-01-012023-12-3111480852core:LandBuildings2023-12-3111480852core:PlantMachinery2023-12-3111480852core:LandBuildings2022-12-3111480852core:PlantMachinery2022-12-311148085212023-01-012023-12-31114808522022-01-012022-12-3111480852countries:EnglandWales2023-01-012023-12-3111480852bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3111480852bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111480852bus:SmallEntities2023-01-012023-12-3111480852bus:FullAccounts2023-01-012023-12-3111480852bus:Director22023-01-012023-12-31
Company registration number:
11480852
Lymm Business Centre Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2023
Lymm Business Centre Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Lymm Business Centre Limited
Year ended
31 December 2023
As described on the statement of financial position, the Board of Directors of
Lymm Business Centre Limited
are responsible for the preparation of the
financial statements
for the year ended
31 December 2023
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Proud Goulbourn
Office 16, Hamilton Davies House
117c Liverpool Road
Cadishead
Manchester
M44 5BG
United Kingdom
Date:
25 September 2024
Lymm Business Centre Limited
Statement of Financial Position
31 December 2023
20232022
Note££
Fixed assets    
Tangible assets 5
3,220
 
4,060
 
Current assets    
Debtors 6
7,854
 
6,671
 
Cash at bank and in hand
10,765
 
18,373
 
18,619
 
25,044
 
Creditors: amounts falling due within one year 7
(43,233
)
(39,074
)
Net current liabilities
(24,614
)
(14,030
)
Total assets less current liabilities (21,394 ) (9,970 )
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(21,395
)
(9,971
)
Shareholders deficit
(21,394
)
(9,970
)
For the year ending
31 December 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
25 September 2024
, and are signed on behalf of the board by:
R Pearce
Director
Company registration number:
11480852
Lymm Business Centre Limited
Notes to the Financial Statements
Year ended
31 December 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Office 16, Hamilton Davies House
,
117c Liverpool Road
,
Cadishead
,
M44 5BG
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received for services rendered.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
12.5% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2022: nil).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 January 2023
660
 
5,423
 
6,083
 
Additions -  
208
 
208
 
At
31 December 2023
660
 
5,631
 
6,291
 
Depreciation      
At
1 January 2023
-  
2,023
 
2,023
 
Charge -  
1,048
 
1,048
 
At
31 December 2023
-  
3,071
 
3,071
 
Carrying amount      
At
31 December 2023
660
 
2,560
 
3,220
 
At 31 December 2022
660
 
3,400
 
4,060
 
No depreciation has been as the equipment has not been in use and the going concern value has not bee reduced.

6 Debtors

20232022
££
Trade debtors
6,857
 
5,674
 
Other debtors
997
 
997
 
7,854
 
6,671
 

7 Creditors: amounts falling due within one year

20232022
££
Trade creditors
1,632
 
8,655
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
41,314
 
30,419
 
Taxation and social security
287
  -  
43,233
 
39,074