Registered number
07633026
Lycroft Engineering Ltd
Filleted Accounts
31 March 2024
Lycroft Engineering Ltd
Registered number: 07633026
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 5,788 5,998
Cash at bank and in hand 17,113 34,361
22,901 40,359
Net current assets 22,901 40,359
Net assets 22,901 40,359
Capital and reserves
Called up share capital 2 2
Profit and loss account 22,899 40,357
Shareholders' funds 22,901 40,359
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr I Currie
Director
Approved by the board on 14 August 2024
Lycroft Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 2
3 Debtors 2024 2023
£ £
Other debtors 5,788 5,998
4 Other information
Lycroft Engineering Ltd is a private company limited by shares and incorporated in England. Its registered office is:
23 Mallory Avenue
Lydiate
Liverpool
Merseyside
L31 4JS
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