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Company Registration No. 11159670 (England and Wales)
Lucy's Mechanical Centre Ltd Unaudited accounts for the year ended 31 January 2024
Lucy's Mechanical Centre Ltd Unaudited accounts Contents
Page
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Lucy's Mechanical Centre Ltd Company Information for the year ended 31 January 2024
Directors
Miss Joely Eva Eastham-Jones Mr Jonathan O'Sullivan
Company Number
11159670 (England and Wales)
Registered Office
Curzon Garage, Curzon Passage Craig-Y-Don Llandudno Conwy LL30 1TB
Accountants
Bisby Accountancy Ltd The Cottage 23 Llandudno Road Penrhyn Bay Llandudno Conwy LL30 3EP
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Lucy's Mechanical Centre Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,108 
5,479 
Current assets
Inventories
1,500 
1,500 
Debtors
4,471 
2,151 
Cash at bank and in hand
(12,388)
1,081 
(6,417)
4,732 
Creditors: amounts falling due within one year
(583)
(6,188)
Net current liabilities
(7,000)
(1,456)
Net assets
11,108 
4,023 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,008 
3,923 
Shareholders' funds
11,108 
4,023 
For the year ending 31 January 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by
Mr Jonathan O'Sullivan Director Company Registration No. 11159670
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Lucy's Mechanical Centre Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Lucy's Mechanical Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 11159670. The registered office is Curzon Garage, Curzon Passage , Craig-Y-Don, Llandudno, Conwy, LL30 1TB.
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:
Plant & machinery
25% Rounding balance
Motor vehicles
25% Rounding balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
19,988 
Additions
18,664 
At 31 January 2024
38,652 
Depreciation
At 1 February 2023
14,509 
Charge for the year
6,035 
At 31 January 2024
20,544 
Net book value
At 31 January 2024
18,108 
At 31 January 2023
5,479 
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Lucy's Mechanical Centre Ltd Notes to the Accounts for the year ended 31 January 2024
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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