L&B SOLID SURFACES LIMITED

Company Registration Number:
07943102 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

L&B SOLID SURFACES LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

L&B SOLID SURFACES LIMITED

Company Information

for the Period Ended 29 February 2024




Director: Brett Oates
Leon Shaw
Registered office: Unit 17b Portland Business Park
130 Richmond Park Road
Sheffield
England
S13 8HS
Company Registration Number: 07943102 (England and Wales)

L&B SOLID SURFACES LIMITED

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Brett Oates
Leon Shaw

This report was approved by the board of directors on 1 August 2024
And Signed On Behalf Of The Board By:

Name: Brett Oates
Status: Director

L&B SOLID SURFACES LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 19,237 6,724
Total fixed assets: 19,237 6,724
Current assets
Stocks: 24,859 27,999
Debtors: 5 19,480 24,574
Cash at bank and in hand: 106,689 82,604
Total current assets: 151,028 135,177
Creditors: amounts falling due within one year: 6 ( 19,832 ) ( 8,599 )
Net current assets (liabilities): 131,196 126,578
Total assets less current liabilities: 150,433 133,302
Creditors: amounts falling due after more than one year: 7 ( 5,257 ) ( 5,257 )
Total net assets (liabilities): 145,176 128,045

The notes form part of these financial statements

L&B SOLID SURFACES LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 145,156 128,025
Shareholders funds: 145,176 128,045

For the year ending 29 February 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 August 2024
And Signed On Behalf Of The Board By:

Name: Brett Oates
Status: Director

The notes form part of these financial statements

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 March 2023 23,821 156 1,228 15,115 40,320
Additions - 125 1,348 24,500 25,973
Disposals - - - ( 15,115 ) ( 15,115 )
Revaluations - - - - -
Transfers - - - - -
At 29 February 2024 23,821 281 2,576 24,500 51,178
Depreciation
At 01 March 2023 18,848 85 781 13,882 33,596
Charge for year 1,818 41 488 8,167 10,514
On disposals - - - ( 15,115 ) ( 15,115 )
Other adjustments 1,338 6 369 1,233 2,946
At 29 February 2024 22,004 132 1,638 8,167 31,941
Net book value
At 29 February 2024 1,817 149 938 16,333 19,237
At 28 February 2023 4,973 71 447 1,233 6,724

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Debtors


2024
£

2023
£
Trade debtors 15,686 19,705
Other debtors 3,794 4,869
Total 19,480 24,574

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 6,735 5,782
Other creditors 13,097 2,817
Total 19,832 8,599

L&B SOLID SURFACES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 5,257 5,257
Total 5,257 5,257

DIRECTORS' ADVANCE, CREDIT AND GUARANTEES
At the reporting date the company was indebted to it's directors in the sum of £5,257 (2023 - £5,257)
There are no formal repayment terms attached to these loans and interest is not being charged.