Company Registration No. 10668708 (England and Wales)
L. J. Integrated Services Limited
Unaudited accounts
for the year ended 29 February 2024
L. J. Integrated Services Limited
Unaudited accounts
Contents
L. J. Integrated Services Limited
Company Information
for the year ended 29 February 2024
Company Number
10668708 (England and Wales)
Registered Office
3 Harford Close
Penketh
Warrington
WA5 2JD
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
L. J. Integrated Services Limited
Statement of financial position
as at 29 February 2024
Tangible assets
498,140
511,418
Cash at bank and in hand
525
47,547
Creditors: amounts falling due within one year
(366,016)
(227,752)
Net current (liabilities)/assets
(22,498)
17,965
Net assets
475,642
529,383
Called up share capital
1
1
Profit and loss account
475,641
529,382
Shareholders' funds
475,642
529,383
For the year 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 20 May 2024 and were signed on its behalf by
Mr L Jones
Director
Company Registration No. 10668708
L. J. Integrated Services Limited
Notes to the Accounts
for the year ended 29 February 2024
L. J. Integrated Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10668708. The registered office is 3 Harford Close, Penketh, Warrington, WA5 2JD.
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:
Plant & machinery
15% on reducing balance.
Motor vehicles
25% on reducing balance.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
L. J. Integrated Services Limited
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
410,669
6,767
187,817
605,253
Additions
-
3,602
14,425
18,027
At 29 February 2024
410,669
10,369
202,242
623,280
At 1 March 2023
-
3,917
89,918
93,835
Charge for the year
-
968
30,337
31,305
At 29 February 2024
-
4,885
120,255
125,140
At 29 February 2024
410,669
5,484
81,987
498,140
At 28 February 2023
410,669
2,850
97,899
511,418
Amounts falling due within one year
Amounts due from group undertakings etc.
302,792
165,900
Accrued income and prepayments
25,286
32,270
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
227,369
221,978
Loans from directors
126,557
37
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).