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REGISTERED NUMBER: 00758026 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2022 TO 31 OCTOBER 2023

FOR

LAVIS AND BURKE LIMITED

LAVIS AND BURKE LIMITED (REGISTERED NUMBER: 00758026)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 May 2022 to 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAVIS AND BURKE LIMITED

COMPANY INFORMATION
for the Period 1 May 2022 to 31 October 2023







DIRECTOR: Mr M W Mason





REGISTERED OFFICE: 5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ





REGISTERED NUMBER: 00758026 (England and Wales)





ACCOUNTANTS: ma2 Limited
Chartered Accountants
5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ

LAVIS AND BURKE LIMITED (REGISTERED NUMBER: 00758026)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,501 1,412
2,501 1,412

CURRENT ASSETS
Stocks - 4,345
Debtors 6 - 2,262
Cash at bank and in hand 1,043,874 94,340
1,043,874 100,947
CREDITORS
Amounts falling due within one year 7 1,010,256 75,419
NET CURRENT ASSETS 33,618 25,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,119

26,940

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 26,119 16,940
SHAREHOLDERS' FUNDS 36,119 26,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 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.

LAVIS AND BURKE LIMITED (REGISTERED NUMBER: 00758026)

BALANCE SHEET - continued
31 October 2023


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 21 August 2024 and were signed by:





Mr M W Mason - Director


LAVIS AND BURKE LIMITED (REGISTERED NUMBER: 00758026)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 May 2022 to 31 October 2023


1. STATUTORY INFORMATION

Lavis and Burke Limited 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 represents the net amount received from the operation of gaming machines.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1963 - it has now been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 33% on reducing balance and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

LAVIS AND BURKE LIMITED (REGISTERED NUMBER: 00758026)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 May 2022 to 31 October 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022 4,300
Disposals (4,300 )
At 31 October 2023 -
AMORTISATION
At 1 May 2022 4,300
Eliminated on disposal (4,300 )
At 31 October 2023 -
NET BOOK VALUE
At 31 October 2023 -
At 30 April 2022 -

LAVIS AND BURKE LIMITED (REGISTERED NUMBER: 00758026)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 May 2022 to 31 October 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 12,109
Additions 6,490
Disposals (6,844 )
At 31 October 2023 11,755
DEPRECIATION
At 1 May 2022 10,697
Charge for period 841
Eliminated on disposal (2,284 )
At 31 October 2023 9,254
NET BOOK VALUE
At 31 October 2023 2,501
At 30 April 2022 1,412

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 399
Other debtors - 1,863
- 2,262

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 571 4,476
Amounts owed to group undertakings 964,876 19,358
Taxation and social security 22,009 33,044
Other creditors 22,800 18,541
1,010,256 75,419

8. RELATED PARTY DISCLOSURES

The ultimate controlling party was Mr M W Mason.

The director maintained a loan account with the company which remained in credit throughout the year.