Company Registration No. 9854651 (England and Wales)
LMG Cleaning Ltd
Unaudited accounts
for the year ended 31 March 2024
LMG Cleaning Ltd
Unaudited accounts
Contents
LMG Cleaning Ltd
Company Information
for the year ended 31 March 2024
Director
Mr Lachezar Lazarov
Company Number
9854651 (England and Wales)
Registered Office
29 KENT AVENUE
MAIDSTONE
KENT
ME15 7HQ
UNITED KINGDOM
LMG Cleaning Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
6,015
6,005
Creditors: amounts falling due within one year
(4,482)
(5,975)
Net current assets
9,353
9,827
Total assets less current liabilities
9,353
9,827
Creditors: amounts falling due after more than one year
(9,333)
(8,000)
Called up share capital
2
2
Profit and loss account
18
1,825
Shareholders' funds
20
1,827
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 his 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 22 December 2024 and were signed on its behalf by
Mr Lachezar Lazarov
Director
Company Registration No. 9854651
LMG Cleaning Ltd
Notes to the Accounts
for the year ended 31 March 2024
LMG Cleaning Ltd is a private company, limited by shares, registered in England and Wales, registration number 9854651. The registered office is 29 KENT AVENUE, MAIDSTONE, KENT, ME15 7HQ, UNITED KINGDOM.
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.
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.
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.
Turnover represents the value of goods provided to customers and work carried out in respect of services provided to customers.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
3,200
Taxes and social security
3,882
2,175
LMG Cleaning Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
9,797
7,820
9,797
7,820
9
Transactions with related parties
Dividends totaling £8,400 ( 2023 - £7,470 ) were paid in the year from which £7,400 were paid in respect of shares held by director.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).