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REGISTERED NUMBER: 12106842 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

LS Grab Services Ltd

LS Grab Services Ltd (Registered number: 12106842)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LS Grab Services Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr Lee Briscoe





REGISTERED OFFICE: 13 Abbots Hall Avenue
Clock Face
St Helens
Merseyside
WA9 4UX





REGISTERED NUMBER: 12106842 (England and Wales)





ACCOUNTANTS: LJS Accounting Services (UK) Ltd
Unit 5, 1st Floor
Connect Business Village
24 Derby Road
Liverpool
Merseyside
L5 9PR

LS Grab Services Ltd (Registered number: 12106842)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,259 13,532

CURRENT ASSETS
Debtors 5 13,085 13,204
Cash at bank 51,458 87,589
64,543 100,793
CREDITORS
Amounts falling due within one year 6 53,872 54,848
NET CURRENT ASSETS 10,671 45,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,930

59,477

PROVISIONS FOR LIABILITIES 10,448 2,542
NET ASSETS 62,482 56,935

CAPITAL AND RESERVES
Called up share capital 7 101 101
Retained earnings 62,381 56,834
SHAREHOLDERS' FUNDS 62,482 56,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 15 October 2024 and were signed by:




Mr Lee Briscoe - Director


LS Grab Services Ltd (Registered number: 12106842)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

LS Grab Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LS Grab Services Ltd (Registered number: 12106842)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 2,742 23,581 854 27,177
Additions 65,000 - - 65,000
Disposals (1,983 ) - - (1,983 )
At 31 July 2024 65,759 23,581 854 90,194
DEPRECIATION
At 1 August 2023 1,171 11,970 504 13,645
Charge for year 12,917 2,322 70 15,309
Eliminated on disposal (1,019 ) - - (1,019 )
At 31 July 2024 13,069 14,292 574 27,935
NET BOOK VALUE
At 31 July 2024 52,690 9,289 280 62,259
At 31 July 2023 1,571 11,611 350 13,532

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 12,732 13,204
Prepayments 353 -
13,085 13,204

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Tax - 10,228
VAT 7,184 7,156
Directors' current accounts 45,505 36,892
Accrued expenses 1,183 572
53,872 54,848

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 A Ordinary £1 101 101
1 B Ordinary £1 - -
101 101