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REGISTERED NUMBER: 04815442 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024

FOR

S LAYBOURN LIMITED

S LAYBOURN LIMITED (REGISTERED NUMBER: 04815442)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S LAYBOURN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: S Laybourn
Mrs S F E Shepherd
Mrs B Laybourn



SECRETARY: Mrs B Laybourn



REGISTERED OFFICE: 126 Genn Lane
Barnsley
South Yorkshire
S70 6NW



REGISTERED NUMBER: 04815442 (England and Wales)



ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL



TRADING ADDRESS: MOT Testing Centre
Hunningley Lane
Stairfoot
Barnsley
South Yorkshire
S70 3DT

S LAYBOURN LIMITED (REGISTERED NUMBER: 04815442)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 208
Tangible assets 5 22,437 26,667
22,437 26,875

CURRENT ASSETS
Stocks 6 428 205
Debtors 7 2,118 2,372
Cash at bank and in hand 9,658 13,282
12,204 15,859
CREDITORS
Amounts falling due within one year 8 14,453 15,455
NET CURRENT (LIABILITIES)/ASSETS (2,249 ) 404
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,188

27,279

PROVISIONS FOR LIABILITIES 9 4,132 4,906
NET ASSETS 16,056 22,373

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 16,054 22,371
SHAREHOLDERS' FUNDS 16,056 22,373

S LAYBOURN LIMITED (REGISTERED NUMBER: 04815442)

BALANCE SHEET - continued
30TH JUNE 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th December 2024 and were signed on its behalf by:





S Laybourn - Director


S LAYBOURN LIMITED (REGISTERED NUMBER: 04815442)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

S Laybourn Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss account and Retained Earnings, 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.


S LAYBOURN LIMITED (REGISTERED NUMBER: 04815442)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st July 2023
and 30th June 2024 25,000
AMORTISATION
At 1st July 2023 24,792
Amortisation for year 208
At 30th June 2024 25,000
NET BOOK VALUE
At 30th June 2024 -
At 30th June 2023 208

S LAYBOURN LIMITED (REGISTERED NUMBER: 04815442)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2023 84,339 3,795 5,107 93,241
Disposals (7,601 ) - (188 ) (7,789 )
At 30th June 2024 76,738 3,795 4,919 85,452
DEPRECIATION
At 1st July 2023 61,362 2,270 2,942 66,574
Charge for year 2,181 305 530 3,016
Eliminated on disposal (6,428 ) - (147 ) (6,575 )
At 30th June 2024 57,115 2,575 3,325 63,015
NET BOOK VALUE
At 30th June 2024 19,623 1,220 1,594 22,437
At 30th June 2023 22,977 1,525 2,165 26,667

6. STOCKS
2024 2023
£    £   
Stocks 428 205

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 2,118 2,372

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 25 21
Tax 4,620 6,425
Social security and other taxes 871 1,091
Directors' current accounts 6,532 5,658
Accrued expenses 2,405 2,260
14,453 15,455

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,132 4,906

S LAYBOURN LIMITED (REGISTERED NUMBER: 04815442)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st July 2023 4,906
Provided during year (774 )
Movement in the year
Balance at 30th June 2024 4,132

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

11. RELATED PARTY DISCLOSURES

During the year the company paid £6000 (2023:£6000) rent for premises owned by the director Mr S Laybourn.

12. ULTIMATE CONTROLLING PARTY

The directors hold a 100% controlling interest in the company.