Company Registration No. NI605872 (Northern Ireland)
W F Lemon & Co Ltd
Unaudited accounts
for the year ended 31 January 2024
W F Lemon & Co Ltd
Unaudited accounts
Contents
W F Lemon & Co Ltd
Company Information
for the year ended 31 January 2024
Company Number
NI605872 (Northern Ireland)
Registered Office
65 Bachelors Walk
Lisburn
Co Antrim
BT28 1XN
Northern Ireland
W F Lemon & Co Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
13,558
14,751
Cash at bank and in hand
78,794
72,877
Creditors: amounts falling due within one year
(124,300)
(143,557)
Net current assets
73,364
37,710
Called up share capital
1
1
Profit and loss account
86,921
52,460
Shareholders' funds
86,922
52,461
For the year ending 31 January 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 27 September 2024 and were signed on its behalf by
W F Lemon
Director
Company Registration No. NI605872
W F Lemon & Co Ltd
Notes to the Accounts
for the year ended 31 January 2024
W F Lemon & Co Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI605872. The registered office is 65 Bachelors Walk, Lisburn, Co Antrim, BT28 1XN, Northern Ireland.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% of reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
At 1 February 2023
300,000
At 31 January 2024
300,000
At 1 February 2023
300,000
At 31 January 2024
300,000
W F Lemon & Co Ltd
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
114,940
104,900
Accrued income and prepayments
3,930
3,490
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
24,661
36,026
Trade creditors
61,368
69,098
Taxes and social security
38,266
37,205
Loans from directors
5
1,228
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).