2023-03-012024-02-292024-02-29false13182861LCR SOLUTIONS NORTH EAST LTD2024-04-29iso4217:GBPxbrli:pure131828612023-03-01131828612024-02-29131828612023-03-012024-02-29131828612022-03-01131828612023-02-28131828612022-03-012023-02-2813182861bus:SmallEntities2023-03-012024-02-2913182861bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913182861bus:FullAccounts2023-03-012024-02-2913182861bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913182861core:WithinOneYear2024-02-2913182861core:AfterOneYear2024-02-2913182861core:WithinOneYear2023-02-2813182861core:AfterOneYear2023-02-2813182861core:ShareCapital2024-02-2913182861core:SharePremium2024-02-2913182861core:RevaluationReserve2024-02-2913182861core:OtherReservesSubtotal2024-02-2913182861core:RetainedEarningsAccumulatedLosses2024-02-2913182861core:ShareCapital2023-02-2813182861core:SharePremium2023-02-2813182861core:RevaluationReserve2023-02-2813182861core:OtherReservesSubtotal2023-02-2813182861core:RetainedEarningsAccumulatedLosses2023-02-2813182861core:LandBuildings2024-02-2913182861core:PlantMachinery2024-02-2913182861core:Vehicles2024-02-2913182861core:FurnitureFittings2024-02-2913182861core:OfficeEquipment2024-02-2913182861core:NetGoodwill2024-02-2913182861core:IntangibleAssetsOtherThanGoodwill2024-02-2913182861core:ListedExchangeTraded2024-02-2913182861core:UnlistedNon-exchangeTraded2024-02-2913182861core:LandBuildings2023-02-2813182861core:PlantMachinery2023-02-2813182861core:Vehicles2023-02-2813182861core:FurnitureFittings2023-02-2813182861core:OfficeEquipment2023-02-2813182861core:NetGoodwill2023-02-2813182861core:IntangibleAssetsOtherThanGoodwill2023-02-2813182861core:ListedExchangeTraded2023-02-2813182861core:UnlistedNon-exchangeTraded2023-02-2813182861core:LandBuildings2023-03-012024-02-2913182861core:PlantMachinery2023-03-012024-02-2913182861core:Vehicles2023-03-012024-02-2913182861core:FurnitureFittings2023-03-012024-02-2913182861core:OfficeEquipment2023-03-012024-02-2913182861core:NetGoodwill2023-03-012024-02-2913182861core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913182861core:ListedExchangeTraded2023-03-012024-02-2913182861core:UnlistedNon-exchangeTraded2023-03-012024-02-2913182861core:MoreThanFiveYears2023-03-012024-02-2913182861core:Non-currentFinancialInstruments2024-02-2913182861core:Non-currentFinancialInstruments2023-02-2813182861dpl:CostSales2023-03-012024-02-2913182861dpl:DistributionCosts2023-03-012024-02-2913182861core:LandBuildings2023-03-012024-02-2913182861core:PlantMachinery2023-03-012024-02-2913182861core:Vehicles2023-03-012024-02-2913182861core:FurnitureFittings2023-03-012024-02-2913182861core:OfficeEquipment2023-03-012024-02-2913182861dpl:AdministrativeExpenses2023-03-012024-02-2913182861core:NetGoodwill2023-03-012024-02-2913182861core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913182861dpl:GroupUndertakings2023-03-012024-02-2913182861dpl:ParticipatingInterests2023-03-012024-02-2913182861dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913182861core:ListedExchangeTraded2023-03-012024-02-2913182861dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913182861core:UnlistedNon-exchangeTraded2023-03-012024-02-2913182861dpl:CostSales2022-03-012023-02-2813182861dpl:DistributionCosts2022-03-012023-02-2813182861core:LandBuildings2022-03-012023-02-2813182861core:PlantMachinery2022-03-012023-02-2813182861core:Vehicles2022-03-012023-02-2813182861core:FurnitureFittings2022-03-012023-02-2813182861core:OfficeEquipment2022-03-012023-02-2813182861dpl:AdministrativeExpenses2022-03-012023-02-2813182861core:NetGoodwill2022-03-012023-02-2813182861core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2813182861dpl:GroupUndertakings2022-03-012023-02-2813182861dpl:ParticipatingInterests2022-03-012023-02-2813182861dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2813182861core:ListedExchangeTraded2022-03-012023-02-2813182861dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2813182861core:UnlistedNon-exchangeTraded2022-03-012023-02-2813182861core:NetGoodwill2024-02-2913182861core:IntangibleAssetsOtherThanGoodwill2024-02-2913182861core:LandBuildings2024-02-2913182861core:PlantMachinery2024-02-2913182861core:Vehicles2024-02-2913182861core:FurnitureFittings2024-02-2913182861core:OfficeEquipment2024-02-2913182861core:AfterOneYear2024-02-2913182861core:WithinOneYear2024-02-2913182861core:ListedExchangeTraded2024-02-2913182861core:UnlistedNon-exchangeTraded2024-02-2913182861core:ShareCapital2024-02-2913182861core:SharePremium2024-02-2913182861core:RevaluationReserve2024-02-2913182861core:OtherReservesSubtotal2024-02-2913182861core:RetainedEarningsAccumulatedLosses2024-02-2913182861core:NetGoodwill2023-02-2813182861core:IntangibleAssetsOtherThanGoodwill2023-02-2813182861core:LandBuildings2023-02-2813182861core:PlantMachinery2023-02-2813182861core:Vehicles2023-02-2813182861core:FurnitureFittings2023-02-2813182861core:OfficeEquipment2023-02-2813182861core:AfterOneYear2023-02-2813182861core:WithinOneYear2023-02-2813182861core:ListedExchangeTraded2023-02-2813182861core:UnlistedNon-exchangeTraded2023-02-2813182861core:ShareCapital2023-02-2813182861core:SharePremium2023-02-2813182861core:RevaluationReserve2023-02-2813182861core:OtherReservesSubtotal2023-02-2813182861core:RetainedEarningsAccumulatedLosses2023-02-2813182861core:NetGoodwill2022-03-0113182861core:IntangibleAssetsOtherThanGoodwill2022-03-0113182861core:LandBuildings2022-03-0113182861core:PlantMachinery2022-03-0113182861core:Vehicles2022-03-0113182861core:FurnitureFittings2022-03-0113182861core:OfficeEquipment2022-03-0113182861core:AfterOneYear2022-03-0113182861core:WithinOneYear2022-03-0113182861core:ListedExchangeTraded2022-03-0113182861core:UnlistedNon-exchangeTraded2022-03-0113182861core:ShareCapital2022-03-0113182861core:SharePremium2022-03-0113182861core:RevaluationReserve2022-03-0113182861core:OtherReservesSubtotal2022-03-0113182861core:RetainedEarningsAccumulatedLosses2022-03-0113182861core:AfterOneYear2023-03-012024-02-2913182861core:WithinOneYear2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2913182861core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2913182861core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2913182861core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2813182861core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2813182861core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2813182861core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2813182861core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2813182861core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2813182861core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2813182861core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2813182861core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2813182861bus:Director12023-03-012024-02-29

LCR SOLUTIONS NORTH EAST LTD

Registered Number
13182861
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

LCR SOLUTIONS NORTH EAST LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

CHARLTON, Lee Craig

Registered Address

Unit G21 Eleventh Avenue North
Team Valley Trading Estate
Gateshead
NE11 0NJ

Registered Number

13182861 (England and Wales)
LCR SOLUTIONS NORTH EAST LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets34,8007,200
Tangible assets412,08817,898
16,88825,098
Current assets
Debtors526,6217,096
Cash at bank and on hand18,62430,725
45,24537,821
Creditors amounts falling due within one year6(27,624)(29,828)
Net current assets (liabilities)17,6217,993
Total assets less current liabilities34,50933,091
Creditors amounts falling due after one year7(4,881)(9,762)
Net assets29,62823,329
Capital and reserves
Called up share capital100100
Profit and loss account29,52823,229
Shareholders' funds29,62823,329
The financial statements were approved and authorised for issue by the Director on 29 April 2024, and are signed on its behalf by:
CHARLTON, Lee Craig
Director
Registered Company No. 13182861
LCR SOLUTIONS NORTH EAST LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Intangible assets
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery5
Fixtures and fittings5
Vehicles5
Office Equipment5
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 March 2312,00012,000
At 29 February 2412,00012,000
Amortisation and impairment
At 01 March 234,8004,800
Charge for year2,4002,400
At 29 February 247,2007,200
Net book value
At 29 February 244,8004,800
At 28 February 237,2007,200
4.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 March 2356025,9252,56529,050
At 29 February 2456025,9252,56529,050
Depreciation and impairment
At 01 March 2311210,37067011,152
Charge for year1125,1855135,810
At 29 February 2422415,5551,18316,962
Net book value
At 29 February 2433610,3701,38212,088
At 28 February 2344815,5551,89517,898
5.Debtors: amounts due within one year

2024

2023

££
Other debtors26,6217,096
Total26,6217,096
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables140352
Amounts owed to related parties14,24612,235
Taxation and social security7,85710,568
Finance lease and HP contracts4,8814,881
Other creditors-1,292
Accrued liabilities and deferred income500500
Total27,62429,828
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Other creditors4,8819,762
Total4,8819,762
8.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts4,8819,762
9.Provisions for liabilities
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.