IRIS Accounts Production v24.2.0.383 06829907 director 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068299072023-02-28068299072024-02-29068299072023-03-012024-02-29068299072022-02-28068299072022-03-012023-02-28068299072023-02-2806829907ns15:EnglandWales2023-03-012024-02-2906829907ns14:PoundSterling2023-03-012024-02-2906829907ns10:Director12023-03-012024-02-2906829907ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2906829907ns10:SmallEntities2023-03-012024-02-2906829907ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2906829907ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2906829907ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2906829907ns10:FullAccounts2023-03-012024-02-2906829907ns10:RegisteredOffice2023-03-012024-02-2906829907ns5:CurrentFinancialInstruments2024-02-2906829907ns5:CurrentFinancialInstruments2023-02-2806829907ns5:ShareCapital2024-02-2906829907ns5:ShareCapital2023-02-2806829907ns5:RetainedEarningsAccumulatedLosses2024-02-2906829907ns5:RetainedEarningsAccumulatedLosses2023-02-2806829907ns5:MotorVehicles2023-03-012024-02-2906829907ns5:ComputerEquipment2023-03-012024-02-2906829907ns5:MotorVehicles2023-02-2806829907ns5:ComputerEquipment2023-02-2806829907ns5:MotorVehicles2024-02-2906829907ns5:ComputerEquipment2024-02-2906829907ns5:MotorVehicles2023-02-2806829907ns5:ComputerEquipment2023-02-2806829907ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2906829907ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: 06829907 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

LILBOURNE ASSOCIATES LIMITED

LILBOURNE ASSOCIATES LIMITED (REGISTERED NUMBER: 06829907)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LILBOURNE ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: S A Bleasdale





REGISTERED OFFICE: C/o Beever and Struthers
One Express
1 George Leigh Street
Manchester
Greater Manchester
M4 5DL





REGISTERED NUMBER: 06829907 (England and Wales)

LILBOURNE ASSOCIATES LIMITED (REGISTERED NUMBER: 06829907)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,682 12,477

CURRENT ASSETS
Debtors 5 240 9,171
Cash at bank 44,446 36,866
44,686 46,037
CREDITORS
Amounts falling due within one year 6 13,093 16,456
NET CURRENT ASSETS 31,593 29,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,275

42,058

PROVISIONS FOR LIABILITIES 1,270 2,371
NET ASSETS 37,005 39,687

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 37,003 39,685
SHAREHOLDERS' FUNDS 37,005 39,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

LILBOURNE ASSOCIATES LIMITED (REGISTERED NUMBER: 06829907)

STATEMENT OF FINANCIAL POSITION - continued
29 FEBRUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





S A Bleasdale - Director


LILBOURNE ASSOCIATES LIMITED (REGISTERED NUMBER: 06829907)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Lilbourne Associates 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.

Turnover
Turnover represents the value of services supplied, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Government grants
Government grants are credited to the profit and loss account on the accruals basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LILBOURNE ASSOCIATES LIMITED (REGISTERED NUMBER: 06829907)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 23,713 3,917 27,630
Additions - 638 638
At 29 February 2024 23,713 4,555 28,268
DEPRECIATION
At 1 March 2023 11,873 3,280 15,153
Charge for year 5,928 505 6,433
At 29 February 2024 17,801 3,785 21,586
NET BOOK VALUE
At 29 February 2024 5,912 770 6,682
At 28 February 2023 11,840 637 12,477

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 240 9,171

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 8,639 12,164
Other creditors 4,454 4,292
13,093 16,456