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Company Registration No. 07322131 (England and Wales)
L & C IMPORT AND EXPORT LTD Unaudited accounts for the year ended 31 July 2024
L & C IMPORT AND EXPORT LTD Unaudited accounts Contents
Page
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L & C IMPORT AND EXPORT LTD Company Information for the year ended 31 July 2024
Director
li
Company Number
07322131 (England and Wales)
Registered Office
1 HARDING STREET SALFORD M6 6WE ENGLAND
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L & C IMPORT AND EXPORT LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
207,684 
206,241 
Current assets
Inventories
60,000 
60,000 
Cash at bank and in hand
85,574 
57,524 
145,574 
117,524 
Creditors: amounts falling due within one year
(92,751)
(117,273)
Net current assets
52,823 
251 
Net assets
260,507 
206,492 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
260,505 
206,490 
Shareholders' funds
260,507 
206,492 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 4 October 2024 and were signed on its behalf by
li Director Company Registration No. 07322131
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L & C IMPORT AND EXPORT LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
L & C IMPORT AND EXPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 07322131. The registered office is 1 HARDING STREET, SALFORD, M6 6WE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
204,068 
8,423 
212,491 
Additions
- 
2,081 
2,081 
At 31 July 2024
204,068 
10,504 
214,572 
Depreciation
At 1 August 2023
- 
6,250 
6,250 
Charge for the year
- 
638 
638 
At 31 July 2024
- 
6,888 
6,888 
Net book value
At 31 July 2024
204,068 
3,616 
207,684 
At 31 July 2023
204,068 
2,173 
206,241 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
90,000 
90,000 
Taxes and social security
9,101 
17,101 
Loans from directors
(1,000)
5,002 
Accruals
(5,350)
5,170 
92,751 
117,273 
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L & C IMPORT AND EXPORT LTD Notes to the Accounts for the year ended 31 July 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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