2023-07-01 2024-06-30 false Capium Accounts Production 1.1 12654361 bus:FullAccounts 2023-07-01 2024-06-30 12654361 bus:FRS102 2023-07-01 2024-06-30 12654361 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12654361 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12654361 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12654361 2023-07-01 2024-06-30 12654361 2024-06-30 12654361 bus:RegisteredOffice 2023-07-01 2024-06-30 12654361 core:WithinOneYear 2024-06-30 12654361 core:AfterOneYear 2024-06-30 12654361 bus:Director1 2023-07-01 2024-06-30 12654361 bus:Director1 2024-06-30 12654361 bus:Director1 2022-07-01 2023-06-30 12654361 2022-07-01 12654361 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 12654361 2022-07-01 2023-06-30 12654361 2023-06-30 12654361 core:WithinOneYear 2023-06-30 12654361 core:AfterOneYear 2023-06-30 12654361 bus:EntityAccountantsOrAuditors 2022-07-01 2023-06-30 12654361 core:PlantMachinery 2023-07-01 2024-06-30 12654361 core:PlantMachinery 2024-06-30 12654361 core:PlantMachinery 2023-06-30 12654361 core:MotorCars 2023-07-01 2024-06-30 12654361 core:MotorCars 2024-06-30 12654361 core:MotorCars 2023-06-30 12654361 core:ComputerEquipment 2023-07-01 2024-06-30 12654361 core:ComputerEquipment 2024-06-30 12654361 core:ComputerEquipment 2023-06-30 12654361 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-06-30 12654361 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 12654361 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 12654361 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 12654361 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 12654361 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 12654361 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 12654361 core:Non-currentFinancialInstruments 2024-06-30 12654361 core:Non-currentFinancialInstruments 2023-06-30 12654361 core:ShareCapital 2024-06-30 12654361 core:ShareCapital 2023-06-30 12654361 core:RetainedEarningsAccumulatedLosses 2024-06-30 12654361 core:RetainedEarningsAccumulatedLosses 2023-06-30 12654361 dpl:Item1 2023-07-01 12654361 dpl:Item1 2024-06-30 12654361 dpl:Item1 2022-07-01 12654361 dpl:Item1 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 12654361
England and Wales

 

 

 

LB MECHANICAL SOLUTIONS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
Director Luke Buck
Registered Number 12654361
Registered Office 37A Victoria Road
Southampton
Hampshire
SO19 9DY
Accountants JSR MANAGEMENT & HR CONSULTANCY SERVICES LTD
37A Victoria Road
Woolston
Southampton
SO19 9DY
1
Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 30 June 2024.
Principal activities
Principal activity of the company during the financial year was of Plumbing, Heat & Air Conditioning Installation
Director
The Directors who served the company through out  the year was:
Luke Buck

Statement of director's responsibilities
The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the director is required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions
Employment of disabled persons
Applications for employment by disabled persons are always fully considered, bearing in mind the respective aptitudes and abilities of the applicant concerned. In the event of employees becoming disabled every effort is made to ensure that their employment with the company continues and the appropriate training is arranged. It is the policy of the company that the training, career development and promotion of a disabled person should, as far as possible, be identical to that of an employee who does not suffer from a disability.

On behalf of the board.


----------------------------------
Luke Buck
Director

Date approved: 07 October 2024
2
Accountants report
You consider that the company is exempt from an audit for the year ended 30 June 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.



JSR MANAGEMENT & HR CONSULTANCY SERVICES LTD

37A Victoria Road
Woolston
Southampton
SO19 9DY
07 October 2024
3
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 19,641    34,166 
19,641    34,166 
Current assets      
Stocks 4 1,200    1,200 
Debtors 5 13,954    55,048 
Cash at bank and in hand 6,593    32,485 
21,747    88,733 
Creditors: amount falling due within one year 6 (23,630)   (53,893)
Net current assets (1,883)   34,840 
 
Total assets less current liabilities 17,758    69,006 
Creditors: amount falling due after more than one year 7 (17,645)   (23,367)
Net assets 113    45,639 
 

Capital and reserves
     
Called up share capital 51    51 
Profit and loss account 62    45,588 
Shareholders' funds 113    45,639 
 


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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 to the Registrar of Companies.
The financial statements were approved by the director on 07 October 2024 and were signed by:


-------------------------------
Luke Buck
Director
4
General Information
LB Mechanical Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12654361, registration address 37A Victoria Road, Southampton, Hampshire, SO19 9DY. The trading address of the company is 103a Kathleen Road, Woolston, Southampton, Hampshire, SO19 8LP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors continue to support the business and have assessed whether the "going concern" basis of accounting is appropriate, considering all the available information about the future, which is at least, but not limited to, 12 months from the date of approval. At this time, the directors neither intend to liquidate the entity or to cease trading and therefore have prepared the Financial Statements on a "going concern" basis.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and any trade discounts applied.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 4 Years Straight Line
Plant and Machinery 4 Years Straight Line
Computer Equipment 4 Years Straight Line
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average Number of employees including directors
Average number of employees during the year was 1 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 July 2023 4,322    53,585    942    58,849 
Additions 244        244 
Disposals      
At 30 June 2024 4,566    53,585    942    59,093 
Depreciation
At 01 July 2023 1,890    22,307    486    24,683 
Charge for year 1,138    13,396    235    14,769 
On disposals      
At 30 June 2024 3,028    35,703    721    39,452 
Net book values
Closing balance as at 30 June 2024 1,538    17,882    221    19,641 
Opening balance as at 01 July 2023 2,432    31,278    456    34,166 

The net book value of Motor Vehicles includes £ 17,882 (2023 £26,823) in respect of assets leased under finance leases or hire purchase contracts.

4.

Stocks

2024
£
  2023
£
Stocks 1,200    1,200 
1,200    1,200 

5.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 6,752    45,843 
Called up Share Capital Not Paid 51    51 
Prepayments & Accrued Income 77    506 
Advance Received (385)   (385)
Other Debtors 2,500    769 
PAYE & Social Security 4,959    1,914 
VAT   6,350 
13,954    55,048 

6.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 2,906    17,783 
Corporation Tax 62    13,531 
CIS Control Account 1,013    2,515 
Advance Paid (6)  
Other Creditors   3,774 
Obligations under HP/Financial Leases 5,722    5,722 
Directors' Current Accounts 13,554    10,568 
VAT 379   
23,630    53,893 

7.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Obligations Under HP/Financial Leases 17,645    23,367 
17,645    23,367 

5