Company registration number SC424851 (Scotland)
LAMB COIL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
LAMB COIL LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
LAMB COIL LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF LAMB COIL LIMITED
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lamb Coil Limited for the year ended 30 April 2024 set out on pages 2 to 3 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of Lamb Coil Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Lamb Coil Limited and state those matters that we have agreed to state to the board of directors of Lamb Coil Limited, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lamb Coil Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Lamb Coil Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Lamb Coil Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Lamb Coil Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
MMG Chartered Accountants
19 November 2024
182 High Street
Montrose
ANGUS
Scotland
DD10 8PH
LAMB COIL LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
572
762
Current assets
23,479
32,699
Creditors: amounts falling due within one year
(18,011)
(17,917)
Net current assets
5,468
14,782
Total assets less current liabilities
6,040
15,544
Creditors: amounts falling due after more than one year
(4,163)
(7,859)
Net assets
1,877
7,685
Capital and reserves
1,877
7,685
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year, the company made advances to a director amounting to £966 (2023: £4,015) and received repayments of £6,654 (2023: £50). The closing balance due to the company was £11,621 (2023: £17,309).
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
Lamb Coil Limited is a private company limited by shares incorporated in Scotland. The registered office is 3 Craig Road, Ferryden, Montrose, ANGUS, Scotland, DD10 9RH.
For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
LAMB COIL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 19 November 2024
Mr G Lamb
Director
Company registration number SC424851 (Scotland)