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Company Registration No. 11872908 (England and Wales)
LCV Finance & Leasing Ltd Unaudited accounts for the year ended 31 March 2024
LCV Finance & Leasing Ltd Unaudited accounts Contents
Page
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LCV Finance & Leasing Ltd Company Information for the year ended 31 March 2024
Director
Mr Stuart Gazeley
Company Number
11872908 (England and Wales)
Registered Office
Unit 3 233 Londo Road Hemel Hempstead Herts HP3 9SE United Kingdom
Accountants
SJ Mellish Accountancy Services Ltd Office 13 Imex Centre 577 - 599 Maxted Road Hemel Hempstead HP2 7DX
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LCV Finance & Leasing Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
654 
978 
Current assets
Debtors
9,535 
7,504 
Cash at bank and in hand
79,383 
94,208 
88,918 
101,712 
Creditors: amounts falling due within one year
(18,382)
(30,550)
Net current assets
70,536 
71,162 
Total assets less current liabilities
71,190 
72,140 
Creditors: amounts falling due after more than one year
(4,103)
(13,244)
Net assets
67,087 
58,896 
Capital and reserves
Called up share capital
(110)
(110)
Profit and loss account
67,197 
59,006 
Shareholders' funds
67,087 
58,896 
For the year ending 31 March 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 14 May 2024 and were signed on its behalf by
Mr Stuart Gazeley Director Company Registration No. 11872908
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LCV Finance & Leasing Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
LCV Finance & Leasing Ltd is a private company, limited by shares, registered in England and Wales, registration number 11872908. The registered office is Unit 3, 233 Londo Road, Hemel Hempstead, Herts, HP3 9SE, United Kingdom.
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
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,628 
At 31 March 2024
1,628 
Depreciation
At 1 April 2023
650 
Charge for the year
324 
At 31 March 2024
974 
Net book value
At 31 March 2024
654 
At 31 March 2023
978 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,525 
6,592 
Accrued income and prepayments
- 
300 
Other debtors
10 
612 
9,535 
7,504 
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LCV Finance & Leasing Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,033 
10,882 
Trade creditors
3,830 
- 
Taxes and social security
12,289 
19,640 
Other creditors
(1,807)
- 
Loans from directors
(963)
28 
18,382 
30,550 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,068 
13,244 
Other creditors
24,035 
- 
Loans from directors
(30,000)
- 
4,103 
13,244 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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