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Company Registration No. 12480874 (England and Wales)
LAKESIDE CONSTRUCTION SERVICES LIMITED Unaudited accounts for the year ended 31 March 2024
LAKESIDE CONSTRUCTION SERVICES LIMITED Unaudited accounts Contents
Page
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LAKESIDE CONSTRUCTION SERVICES LIMITED Company Information for the year ended 31 March 2024
Director
Margaret Patricia Ryan
Company Number
12480874 (England and Wales)
Registered Office
Unit 2 Co-Operative Yard 74 Victoria Street Irthlingborough Wellingborough Northamptonshire NN9 5RG England
Accountants
DKA Accounting Ltd. East Wing, Castle House Dawson Road Milton Keynes Buckinghamshire MK1 1QT
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LAKESIDE CONSTRUCTION SERVICES LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
96,540 
92,120 
Current assets
Inventories
25,000 
15,000 
Debtors
557,441 
544,201 
Cash at bank and in hand
74,469 
83,157 
656,910 
642,358 
Creditors: amounts falling due within one year
(502,945)
(487,842)
Net current assets
153,965 
154,516 
Total assets less current liabilities
250,505 
246,636 
Creditors: amounts falling due after more than one year
(99,557)
(98,294)
Net assets
150,948 
148,342 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
150,947 
148,341 
Shareholders' funds
150,948 
148,342 
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. 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 9 July 2024 and were signed on its behalf by
Margaret Patricia Ryan Director Company Registration No. 12480874
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LAKESIDE CONSTRUCTION SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
LAKESIDE CONSTRUCTION SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12480874. The registered office is Unit 2 Co-Operative Yard, 74 Victoria Street, Irthlingborough, Wellingborough, Northamptonshire, NN9 5RG, 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.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
20%
Motor vehicles
20%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
24,050 
115,205 
3,526 
142,781 
Additions
- 
41,441 
- 
41,441 
At 31 March 2024
24,050 
156,646 
3,526 
184,222 
Depreciation
At 1 April 2023
12,502 
37,275 
884 
50,661 
Charge for the year
4,810 
31,329 
882 
37,021 
At 31 March 2024
17,312 
68,604 
1,766 
87,682 
Net book value
At 31 March 2024
6,738 
88,042 
1,760 
96,540 
At 31 March 2023
11,548 
77,930 
2,642 
92,120 
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LAKESIDE CONSTRUCTION SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
557,441 
420,673 
Other debtors
- 
123,528 
557,441 
544,201 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
22,921 
- 
Obligations under finance leases and hire purchase contracts
4,323 
15,450 
Trade creditors
325,679 
259,768 
Taxes and social security
105,653 
109,634 
Loans from directors
42,929 
19,140 
Accruals
1,440 
- 
Deferred income
- 
83,850 
502,945 
487,842 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,278 
40,976 
Obligations under finance leases and hire purchase contracts
80,279 
57,318 
99,557 
98,294 
8
Average number of employees
During the year the average number of employees was 4 (2023: 6).
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