16 February 2023 false No description of principal activity Taxfiler 2024.6 14668853business:PrivateLimitedCompanyLtd2023-02-162024-02-29 146688532023-02-15 146688532023-02-162024-02-29 14668853business:AuditExemptWithAccountantsReport2023-02-162024-02-29 14668853business:FilletedAccounts2023-02-162024-02-29 146688532024-02-29 14668853business:Director12023-02-162024-02-29 14668853business:RegisteredOffice2023-02-162024-02-29 14668853core:WithinOneYear2024-02-29 14668853core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14668853core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14668853core:PreviouslyStatedAmount2024-02-29 14668853business:SmallEntities2023-02-162024-02-29 14668853countries:EnglandWales2023-02-162024-02-29 14668853core:PlantMachinery2023-02-162024-02-29 14668853core:ComputerEquipment2023-02-162024-02-29 14668853core:PlantMachinery2023-02-15 14668853core:ComputerEquipment2023-02-15 14668853core:PlantMachinery2024-02-29 14668853core:ComputerEquipment2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 14668853 (England and Wales)
Lgn Auto Repairs Ltd Unaudited accounts for the period from 16 February 2023 to 29 February 2024
Lgn Auto Repairs Ltd Unaudited accounts Contents
Page
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Lgn Auto Repairs Ltd Company Information for the period from 16 February 2023 to 29 February 2024
Director
Louis Norris
Company Number
14668853 (England and Wales)
Registered Office
128 City Road London London EC1V 2NX England
Accountants
KMK Accounting Ltd 50 Eglos Road TR4 9BZ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Lgn Auto Repairs Ltd for the period from 16 February 2023 to 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lgn Auto Repairs Ltd for the period from 16 February 2023 to 29 February 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMK Accounting Ltd Chartered Accountants 50 Eglos Road TR4 9BZ 15 November 2024
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Lgn Auto Repairs Ltd Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
153 
Current assets
Cash at bank and in hand
1,383 
Creditors: amounts falling due within one year
(9,034)
Net current liabilities
(7,651)
Net liabilities
(7,498)
Capital and reserves
Called up share capital
1 
Profit and loss account
(7,499)
Shareholders' funds
(7,498)
For the period ending 29 February 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 15 November 2024 and were signed on its behalf by
Louis Norris Director Company Registration No. 14668853
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Lgn Auto Repairs Ltd Notes to the Accounts for the period from 16 February 2023 to 29 February 2024
1
Statutory information
Lgn Auto Repairs Ltd is a private company, limited by shares, registered in England and Wales, registration number 14668853. The registered office is 128 City Road, London, London, EC1V 2NX, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 16 February 2023
- 
- 
- 
Additions
45 
160 
205 
At 29 February 2024
45 
160 
205 
Depreciation
Charge for the period
12 
40 
52 
At 29 February 2024
12 
40 
52 
Net book value
At 29 February 2024
33 
120 
153 
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
7,974 
Loans from directors
60 
Accruals
1,000 
9,034 
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Lgn Auto Repairs Ltd Notes to the Accounts for the period from 16 February 2023 to 29 February 2024
6
Average number of employees
During the period the average number of employees was 0.
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