IRIS Accounts Production v24.1.0.578 11394920 director 6.4.23 31.3.24 31.3.24 construction site logistics services. false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113949202023-04-05113949202024-03-31113949202023-04-062024-03-31113949202022-04-05113949202022-04-062023-04-05113949202023-04-0511394920ns15:EnglandWales2023-04-062024-03-3111394920ns14:PoundSterling2023-04-062024-03-3111394920ns10:Director12023-04-062024-03-3111394920ns10:PrivateLimitedCompanyLtd2023-04-062024-03-3111394920ns10:SmallEntities2023-04-062024-03-3111394920ns10:AuditExemptWithAccountantsReport2023-04-062024-03-3111394920ns10:SmallCompaniesRegimeForDirectorsReport2023-04-062024-03-3111394920ns10:SmallCompaniesRegimeForAccounts2023-04-062024-03-3111394920ns10:FullAccounts2023-04-062024-03-3111394920ns10:CompanySecretary12023-04-062024-03-3111394920ns10:RegisteredOffice2023-04-062024-03-3111394920ns5:CurrentFinancialInstruments2024-03-3111394920ns5:CurrentFinancialInstruments2023-04-0511394920ns5:Non-currentFinancialInstruments2024-03-3111394920ns5:Non-currentFinancialInstruments2023-04-0511394920ns5:ShareCapital2024-03-3111394920ns5:ShareCapital2023-04-0511394920ns5:RetainedEarningsAccumulatedLosses2024-03-3111394920ns5:RetainedEarningsAccumulatedLosses2023-04-0511394920ns5:OwnedAssets2023-04-062024-03-3111394920ns5:OwnedAssets2022-04-062023-04-0511394920ns5:PlantMachinery2023-04-062024-03-3111394920ns5:PlantMachinery2024-03-3111394920ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111394920ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-05
REGISTERED NUMBER: 11394920 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 6 APRIL 2023 TO 31 MARCH 2024

FOR

LW LIFTINGS LTD

LW LIFTINGS LTD (REGISTERED NUMBER: 11394920)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 6 April 2023 to 31 March 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


LW LIFTINGS LTD

COMPANY INFORMATION
for the Period 6 April 2023 to 31 March 2024







DIRECTOR: L Wood





SECRETARY:





REGISTERED OFFICE: Unit 1 Rumbush Farm Business Park
Rumbush Lane
Earlswood
Solihull
B94 5LW





REGISTERED NUMBER: 11394920 (England and Wales)





ACCOUNTANTS: Bee-Line Accounts Services Ltd
Unit1 Rumbush Farm Bus.Park
Rumbush Lane
Earlswood
Solihull
West Midlands
B94 5LW

LW LIFTINGS LTD (REGISTERED NUMBER: 11394920)

REPORT OF THE DIRECTOR
for the Period 6 April 2023 to 31 March 2024

The director presents his report with the financial statements of the company for the period 6 April 2023 to 31 March 2024.

DIRECTOR
L Wood held office during the whole of the period from 6 April 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





L Wood - Director


23 November 2024

LW LIFTINGS LTD (REGISTERED NUMBER: 11394920)

INCOME STATEMENT
for the Period 6 April 2023 to 31 March 2024

Period
6.4.23
to Year Ended
31.3.24 5.4.23
Notes £    £   

TURNOVER 1,125,220 1,088,898

Cost of sales 780,528 530,257
GROSS PROFIT 344,692 558,641

Administrative expenses 134,182 210,284
OPERATING PROFIT 4 210,510 348,357


Interest payable and similar expenses 5,790 429
PROFIT BEFORE TAXATION 204,720 347,928

Tax on profit 47,323 66,392
PROFIT FOR THE FINANCIAL PERIOD 157,397 281,536

LW LIFTINGS LTD (REGISTERED NUMBER: 11394920)

BALANCE SHEET
31 March 2024

31.3.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 14,945 -

CURRENT ASSETS
Debtors 6 577,619 367,112
Cash at bank 51,924 149,821
629,543 516,933
CREDITORS
Amounts falling due within one year 7 163,474 154,741
NET CURRENT ASSETS 466,069 362,192
TOTAL ASSETS LESS CURRENT
LIABILITIES

481,014

362,192

CREDITORS
Amounts falling due after more than one year 8 59,425 -
NET ASSETS 421,589 362,192

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 421,588 362,191
421,589 362,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 23 November 2024 and were signed by:




L Wood - Director


LW LIFTINGS LTD (REGISTERED NUMBER: 11394920)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 6 April 2023 to 31 March 2024

1. STATUTORY INFORMATION

Lw Liftings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 1 ) .

LW LIFTINGS LTD (REGISTERED NUMBER: 11394920)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 6 April 2023 to 31 March 2024

4. OPERATING PROFIT

The operating profit is stated after charging:

Period
6.4.23
to Year Ended
31.3.24 5.4.23
£    £   
Depreciation - owned assets 20,048 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 34,993
At 31 March 2024 34,993
DEPRECIATION
Charge for period 20,048
At 31 March 2024 20,048
NET BOOK VALUE
At 31 March 2024 14,945

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 5.4.23
£    £   
Trade debtors 165,041 80,855
Other debtors 412,578 286,257
577,619 367,112

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 5.4.23
£    £   
Trade creditors 5,067 35,156
Taxation and social security 162,076 249,645
Other creditors (3,669 ) (130,060 )
163,474 154,741

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 5.4.23
£    £   
Bank loans 59,425 -