Company Registration No. 10229716 (England and Wales)
Lincoln Kitchens & Bathrooms Ltd
Unaudited accounts
for the year ended 30 June 2024
Lincoln Kitchens & Bathrooms Ltd
Unaudited accounts
Contents
Lincoln Kitchens & Bathrooms Ltd
Company Information
for the year ended 30 June 2024
Company Number
10229716 (England and Wales)
Registered Office
6 Marrat Close
Lincoln
Lincolnshire
LN2 4WG
England
Accountants
CST ACCOUNTANCY SERVICES LTD
23 CLIFF AVENUE
NETTLEHAM
LINCOLN
LN2 2PU
Lincoln Kitchens & Bathrooms Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
466
6,316
Creditors: amounts falling due within one year
(28,024)
(10,054)
Net current assets
22,455
39,318
Total assets less current liabilities
30,567
39,715
Creditors: amounts falling due after more than one year
(34,731)
(70,975)
Net liabilities
(4,164)
(31,260)
Called up share capital
1
1
Profit and loss account
(4,165)
(31,261)
Shareholders' funds
(4,164)
(31,260)
For the year ending 30 June 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 16 October 2024 and were signed on its behalf by
DARREN GREGORY
Director
Company Registration No. 10229716
Lincoln Kitchens & Bathrooms Ltd
Notes to the Accounts
for the year ended 30 June 2024
Lincoln Kitchens & Bathrooms Ltd is a private company, limited by shares, registered in England and Wales, registration number 10229716. The registered office is 6 Marrat Close, Lincoln, Lincolnshire, LN2 4WG, 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:
Motor vehicles
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 30 June 2024
9,290
1,270
10,560
Charge for the year
1,858
175
2,033
At 30 June 2024
1,858
590
2,448
At 30 June 2024
7,432
680
8,112
Lincoln Kitchens & Bathrooms Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
35,417
40,192
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
22,869
8,630
Taxes and social security
2,997
-
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
34,232
70,975
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).