Company Registration Number 09850013 (England and Wales)
LGM AUTO'S SPARES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
LGM AUTO'S SPARES LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
12,300
15,375
Current assets
Stocks
37,250
50,650
Debtors
987
53
Cash at bank and in hand
3,521
147
41,758
50,850
Creditors: amounts falling due within one year
(66,245)
(70,512)
Net current liabilities
(24,487)
(19,662)
Total assets less current liabilities
(12,187)
(4,287)
Creditors: amounts falling due after more than one year
(8,387)
(14,331)
Net liabilities
(20,574)
(18,618)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(20,674)
(18,718)
Total equity
(20,574)
(18,618)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
(e) truethe company has relied on the specified exemption relating to the preparation of abridged financial statements contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company; and the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.
For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
LGM AUTO'S SPARES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 10 October 2024
Miss Sarah Letson
Director
Company Registration No. 09850013