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COMPANY REGISTRATION NUMBER: 13956202
LM North Developments Ltd
Unaudited Financial Statements
31 March 2024
LM North Developments Ltd
Financial Statements
Year ended 31 March 2024
Contents
Page
Income statement
1
Statement of financial position and the notes to the financial statements
2
LM North Developments Ltd
Income Statement
Year ended 31 March 2024
2024
2023
£
£
Turnover
1,889,550
896,962
Other income
( 465)
( 465)
------------
---------
1,889,085
896,497
Cost of raw materials and consumables
799,696
538,804
Staff costs
80,073
27,395
Depreciation and other amounts written off assets
8,641
6,125
Other charges
997,202
322,864
Tax
2,302
1,412
------------
---------
Profit/(loss)
1,171
( 103)
------------
---------
LM North Developments Ltd
Statement of Financial Position
31 March 2024
2024
2023
£
£
Fixed assets
35,038
18,375
--------
--------
Current assets
289,566
157,112
Prepayments and accrued income
9,762
591
---------
---------
299,328
157,703
Creditors: amounts falling due within one year
279,831
163,815
---------
---------
Net current assets/(liabilities)
19,497
( 6,112)
--------
--------
Total assets less current liabilities
54,535
12,263
Creditors: amounts falling due after more than one year
50,867
11,217
Accruals and deferred income
2,500
1,049
--------
--------
1,168
(3)
--------
--------
Capital and reserves
1,168
( 3)
-------
----
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 3 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr O Carter
-
15,066
15,066
Mrs E Carter
9,286
-
9,286
-------
--------
--------
9,286
15,066
24,352
-------
--------
--------
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr O Carter
-
-
-
Mrs E Carter
-
9,286
9,286
----
-------
-------
-
9,286
9,286
----
-------
-------
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 19 November 2024 , and are signed on behalf of the board by:
Mr O Carter
Director
Company registration number: 13956202
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Field Street, Bradford, West Yorkshire, BD1 5BT.