IRIS Accounts Production v24.2.0.383 08849444 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088494442023-06-30088494442024-06-30088494442023-07-012024-06-30088494442022-06-30088494442022-07-012023-06-30088494442023-06-3008849444ns15:EnglandWales2023-07-012024-06-3008849444ns14:PoundSterling2023-07-012024-06-3008849444ns10:Director12023-07-012024-06-3008849444ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3008849444ns10:SmallEntities2023-07-012024-06-3008849444ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3008849444ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3008849444ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3008849444ns10:AbridgedAccounts2023-07-012024-06-3008849444ns10:Director22023-07-012024-06-3008849444ns10:RegisteredOffice2023-07-012024-06-3008849444ns5:CurrentFinancialInstruments2024-06-3008849444ns5:CurrentFinancialInstruments2023-06-3008849444ns5:Non-currentFinancialInstruments2024-06-3008849444ns5:Non-currentFinancialInstruments2023-06-3008849444ns5:ShareCapital2024-06-3008849444ns5:ShareCapital2023-06-3008849444ns5:RetainedEarningsAccumulatedLosses2024-06-3008849444ns5:RetainedEarningsAccumulatedLosses2023-06-3008849444ns5:PlantMachinery2023-07-012024-06-3008849444ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-06-3008849444ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-06-30088494441ns10:Director12023-06-30088494441ns10:Director12022-06-30088494441ns10:Director12023-07-012024-06-30088494441ns10:Director12022-07-012023-06-30088494441ns10:Director12024-06-30088494441ns10:Director12023-06-30
REGISTERED NUMBER: 08849444 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

LSH LETTINGS LIMITED

LSH LETTINGS LIMITED (REGISTERED NUMBER: 08849444)






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




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


LSH LETTINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: N S Colquhoun
Mrs C J Colquhoun





REGISTERED OFFICE: 323 Smithdown Road
Liverpool
Merseyside
L15 3JA





REGISTERED NUMBER: 08849444 (England and Wales)





ACCOUNTANTS: Walker Begley Limited
Chartered Accountants
207 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2QL

LSH LETTINGS LIMITED (REGISTERED NUMBER: 08849444)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 175,934 162,756

CURRENT ASSETS
Stocks 5,944 8,109
Debtors 336,980 297,162
Cash at bank and in hand 233,399 289,693
576,323 594,964
CREDITORS
Amounts falling due within one year 429,628 216,754
NET CURRENT ASSETS 146,695 378,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

322,629

540,966

CREDITORS
Amounts falling due after more than one
year

5

246,031

394,025
NET ASSETS 76,598 146,941

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 76,498 146,841
SHAREHOLDERS' FUNDS 76,598 146,941

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

LSH LETTINGS LIMITED (REGISTERED NUMBER: 08849444)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by:





N S Colquhoun - Director


LSH LETTINGS LIMITED (REGISTERED NUMBER: 08849444)

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

1. STATUTORY INFORMATION

LSH Lettings 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 20% 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 year was 29 (2023 - 30 ) .

LSH LETTINGS LIMITED (REGISTERED NUMBER: 08849444)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 339,995
Additions 98,552
Disposals (54,394 )
At 30 June 2024 384,153
DEPRECIATION
At 1 July 2023 177,239
Charge for year 46,979
Eliminated on disposal (15,999 )
At 30 June 2024 208,219
NET BOOK VALUE
At 30 June 2024 175,934
At 30 June 2023 162,756

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
30/6/24 30/6/23
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 219,929 314,826

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

30/6/24 30/6/23
£    £   
N S Colquhoun
Balance outstanding at start of year 887 1,331
Amounts advanced - 110,350
Amounts repaid - (110,794 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 887 887

L Grierson
Balance outstanding at start of year - 150,397
Amounts advanced - 838
Amounts repaid - (151,235 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Included in debtors are director loan account balances. N Colquhoun £887 (2023 - £887)