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
L & C IMPORT AND EXPORT LTD
Company Information
for the year ended 31 July 2024
Company Number
07322131 (England and Wales)
Registered Office
1 HARDING STREET
SALFORD
M6 6WE
ENGLAND
L & C IMPORT AND EXPORT LTD
Statement of financial position
as at 31 July 2024
Tangible assets
207,684
206,241
Cash at bank and in hand
85,574
57,524
Creditors: amounts falling due within one year
(92,751)
(117,273)
Net current assets
52,823
251
Net assets
260,507
206,492
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
L & C IMPORT AND EXPORT LTD
Notes to the Accounts
for the year ended 31 July 2024
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.
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:
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
At 31 July 2024
204,068
10,504
214,572
At 1 August 2023
-
6,250
6,250
Charge for the year
-
638
638
At 31 July 2024
-
6,888
6,888
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
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).