IRIS Accounts Production v24.3.0.553 07252594 director 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072525942023-05-31072525942024-05-31072525942023-06-012024-05-31072525942022-05-31072525942022-06-012023-05-31072525942023-05-3107252594ns15:EnglandWales2023-06-012024-05-3107252594ns14:PoundSterling2023-06-012024-05-3107252594ns10:Director12023-06-012024-05-3107252594ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3107252594ns10:SmallEntities2023-06-012024-05-3107252594ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3107252594ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3107252594ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3107252594ns10:FullAccounts2023-06-012024-05-3107252594ns10:OrdinaryShareClass22023-06-012024-05-3107252594ns10:OrdinaryShareClass32023-06-012024-05-3107252594ns10:OrdinaryShareClass42023-06-012024-05-3107252594ns10:RegisteredOffice2023-06-012024-05-3107252594ns5:CurrentFinancialInstruments2024-05-3107252594ns5:CurrentFinancialInstruments2023-05-3107252594ns5:Non-currentFinancialInstruments2024-05-3107252594ns5:Non-currentFinancialInstruments2023-05-3107252594ns5:ShareCapital2024-05-3107252594ns5:ShareCapital2023-05-3107252594ns5:RetainedEarningsAccumulatedLosses2024-05-3107252594ns5:RetainedEarningsAccumulatedLosses2023-05-3107252594ns5:PlantMachinery2023-06-012024-05-3107252594ns5:FurnitureFittings2023-06-012024-05-3107252594ns5:MotorVehicles2023-06-012024-05-3107252594ns5:ComputerEquipment2023-06-012024-05-3107252594ns5:PlantMachinery2023-05-3107252594ns5:FurnitureFittings2023-05-3107252594ns5:MotorVehicles2023-05-3107252594ns5:ComputerEquipment2023-05-3107252594ns5:PlantMachinery2024-05-3107252594ns5:FurnitureFittings2024-05-3107252594ns5:MotorVehicles2024-05-3107252594ns5:ComputerEquipment2024-05-3107252594ns5:PlantMachinery2023-05-3107252594ns5:FurnitureFittings2023-05-3107252594ns5:MotorVehicles2023-05-3107252594ns5:ComputerEquipment2023-05-3107252594ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3107252594ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3107252594ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-05-3107252594ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-05-3107252594ns10:OrdinaryShareClass22024-05-3107252594ns10:OrdinaryShareClass32024-05-3107252594ns10:OrdinaryShareClass42024-05-3107252594ns5:RetainedEarningsAccumulatedLosses2023-05-3107252594ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 07252594 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 May 2024

for

LA Bristol Limited

LA Bristol Limited (Registered number: 07252594)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

LA Bristol Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: M S Corney



REGISTERED OFFICE: Meadow View
Main Road
Easter Compton
Bristol
BS35 5RE



REGISTERED NUMBER: 07252594 (England and Wales)



ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST



BANKERS: HSBC Bank Plc
11 Canford Lane
Westbury on Trym
Bristol
BS9 3DE

LA Bristol Limited (Registered number: 07252594)

Statement of Financial Position
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 7,789 6,542

CURRENT ASSETS
Debtors 5 15,179 49,061
Cash at bank 38,082 23,539
53,261 72,600
CREDITORS
Amounts falling due within one year 6 41,906 74,636
NET CURRENT ASSETS/(LIABILITIES) 11,355 (2,036 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,144

4,506

CREDITORS
Amounts falling due after more than one
year

7

(10,756

)

(20,748

)

PROVISIONS FOR LIABILITIES (1,480 ) -
NET ASSETS/(LIABILITIES) 6,908 (16,242 )

LA Bristol Limited (Registered number: 07252594)

Statement of Financial Position - continued
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 6,808 (16,342 )
SHAREHOLDERS' FUNDS 6,908 (16,242 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





M S Corney - Director


LA Bristol Limited (Registered number: 07252594)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

LA Bristol Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis which has assumed the continued financial support of the company's bankers' and director.

Turnover
Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


LA Bristol Limited (Registered number: 07252594)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The financial statements have been prepared on the going concern basis which assumes that the company will continue in existence for the foreseeable future. The validity of this assumption depends on the continued financial support of the director which they intend to provide for the foreseeable future. The financial statements do not include any adjustments that would be necessary if this support was withdrawn.

The director has pledged their continued support to meet the company's liabilities and obligations for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

LA Bristol Limited (Registered number: 07252594)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 1,762 - 42,908 3,678 48,348
Additions - 3,064 - 723 3,787
At 31 May 2024 1,762 3,064 42,908 4,401 52,135
DEPRECIATION
At 1 June 2023 1,346 - 38,138 2,322 41,806
Charge for year 62 766 1,192 520 2,540
At 31 May 2024 1,408 766 39,330 2,842 44,346
NET BOOK VALUE
At 31 May 2024 354 2,298 3,578 1,559 7,789
At 31 May 2023 416 - 4,770 1,356 6,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 14,678 42,397
VAT - 6,004
Prepayments and accrued income 501 660
15,179 49,061

LA Bristol Limited (Registered number: 07252594)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 9,151 43,306
Tax 8,201 5
Social security and other taxes 1,286 2,223
VAT 2,468 -
Pensions 249 112
Bounce back loan 10,000 10,000
Credit card 1,021 -
R Corney loan 7,567 -
Directors' current accounts - 17,027
Accrued expenses 1,963 1,963
41,906 74,636

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans - 2-5 years 10,756 20,748

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
75 Ordinary A £1 75 75
20 Ordinary B £1 20 20
5 Ordinary C £1 5 5
100 100

9. RESERVES
Retained
earnings
£   

At 1 June 2023 (16,342 )
Profit for the year 48,563
Dividends (25,413 )
At 31 May 2024 6,808

LA Bristol Limited (Registered number: 07252594)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £25,413 were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

The controlling party is M S Corney.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
LA Bristol Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LA Bristol Limited for the year ended 31 May 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of LA Bristol Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LA Bristol Limited and state those matters that we have agreed to state to the director of LA Bristol Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LA Bristol Limited and its director for our work or for this report.

It is your duty to ensure that LA Bristol Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of LA Bristol Limited. You consider that LA Bristol Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of LA Bristol Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST


Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
LA Bristol Limited


Date: .............................................