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
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
LAKESIDE CONSTRUCTION SERVICES LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
96,540
92,120
Cash at bank and in hand
74,469
83,157
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
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
LAKESIDE CONSTRUCTION SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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.
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:
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
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
At 31 March 2024
6,738
88,042
1,760
96,540
At 31 March 2023
11,548
77,930
2,642
92,120
LAKESIDE CONSTRUCTION SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
557,441
420,673
6
Creditors: amounts falling due within one year
2024
2023
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
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
80,279
57,318
8
Average number of employees
During the year the average number of employees was 4 (2023: 6).