Company Registration No. 09774430 (England and Wales)
LKA Structures Limited
Unaudited accounts
for the year ended 30 September 2024
LKA Structures Limited
Unaudited accounts
Contents
LKA Structures Limited
Company Information
for the year ended 30 September 2024
Company Number
09774430 (England and Wales)
Registered Office
37 Platers Road
Haddenham
Aylesbury
Bucks
HP17 8SU
England
Accountants
Stephen Beard Accountancy Services
10 Cheshire Road
Thame
Oxon
OX9 3LQ
LKA Structures Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
33,113
36,471
Creditors: amounts falling due within one year
(13,623)
(11,011)
Net current assets
24,950
35,461
Total assets less current liabilities
25,130
35,756
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
24,996
35,600
Shareholders' funds
25,096
35,700
For the year ending 30 September 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 her 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 20 November 2024 and were signed on its behalf by
Mrs L.K. Ashby
Director
Company Registration No. 09774430
LKA Structures Limited
Notes to the Accounts
for the year ended 30 September 2024
LKA Structures Limited is a private company, limited by shares, registered in England and Wales, registration number 09774430. The registered office is 37 Platers Road, Haddenham, Aylesbury, Bucks, HP17 8SU, 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 remained unchanged from the previous year, and also 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.
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.
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:
Computer equipment
25% Straight line basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
LKA Structures Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Computer equipment
At 30 September 2024
1,835
At 30 September 2024
1,655
Amounts falling due within one year
Accrued income and prepayments
448
2,550
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,325
6,170
7
Deferred taxation
2024
2023
Accelerated capital allowances
34
56
Provision at start of year
56
55
(Credited)/charged to the profit and loss account
(22)
1
Provision at end of year
34
56
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).