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Company Registration No. 05075159 (England and Wales)
Lant Lane Limited Unaudited accounts for the year ended 31 March 2024
Lant Lane Limited Unaudited accounts Contents
Page
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Lant Lane Limited Company Information for the year ended 31 March 2024
Directors
Philip Maycock Colin Maycock Mathew Maycock Neil Maycock
Company Number
05075159 (England and Wales)
Registered Office
South Carolina Farm, Lant Lane Tansley Matlock DE4 5FW
Accountants
Accounting Matters Limited 17 Wellington Street Ripley Derbyshire DE5 3EH
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Lant Lane Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
30,000 
33,000 
Tangible assets
214,120 
227,091 
244,120 
260,091 
Current assets
Inventories
66,406 
62,194 
Debtors
298,791 
266,140 
Cash at bank and in hand
56,388 
5,974 
421,585 
334,308 
Creditors: amounts falling due within one year
(381,352)
(317,585)
Net current assets
40,233 
16,723 
Total assets less current liabilities
284,353 
276,814 
Creditors: amounts falling due after more than one year
(156,461)
(187,030)
Provisions for liabilities
Deferred tax
(43,278)
(37,542)
Net assets
84,614 
52,242 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
84,610 
52,238 
Shareholders' funds
84,614 
52,242 
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by
Philip Maycock Director Company Registration No. 05075159
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Lant Lane Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Lant Lane Limited is a private company, limited by shares, registered in England and Wales, registration number 05075159. The registered office is South Carolina Farm, Lant Lane, Tansley , Matlock, DE4 5FW.
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
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.
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.
Intangible fixed assets
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill 5% straight line
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% reducing balance
Motor vehicles
15% reducing balance
Fixtures & fittings
25% straight line
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
60,000 
At 31 March 2024
60,000 
Amortisation
At 1 April 2023
27,000 
Charge for the year
3,000 
At 31 March 2024
30,000 
Net book value
At 31 March 2024
30,000 
At 31 March 2023
33,000 
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Lant Lane Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
635,271 
Additions
23,173 
Disposals
(4,478)
At 31 March 2024
653,966 
Depreciation
At 1 April 2023
408,180 
Charge for the year
35,482 
On disposals
(3,816)
At 31 March 2024
439,846 
Net book value
At 31 March 2024
214,120 
At 31 March 2023
227,091 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
7
Loans to directors
During the year the directors entered into the following advances and credits with the company: The Directors Balance brought forward £38,226 Advances/(credits) to the directors (£8,053) Balance outstanding £30,173
8
Average number of employees
During the year the average number of employees was 24 (2023: 24).
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