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
Lgn Auto Repairs Ltd
Company Information
for the period from 16 February 2023 to 29 February 2024
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
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
Lgn Auto Repairs Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
1,383
Creditors: amounts falling due within one year
(9,034)
Net current liabilities
(7,651)
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
Lgn Auto Repairs Ltd
Notes to the Accounts
for the period from 16 February 2023 to 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 29 February 2024
45
160
205
Charge for the period
12
40
52
At 29 February 2024
12
40
52
At 29 February 2024
33
120
153
5
Creditors: amounts falling due within one year
2024
Taxes and social security
7,974
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.