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Company Registration No. 07304128 (England and Wales)
LANCS TANKS LIMITED Unaudited accounts for the year ended 31 July 2024
LANCS TANKS LIMITED Unaudited accounts Contents
Page
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LANCS TANKS LIMITED Company Information for the year ended 31 July 2024
Directors
A Lewis B Lewis Adam Lewis
Company Number
07304128 (England and Wales)
Registered Office
OFFICE 7 37-39 SHAKESPEARE STREET SOUTHPORT MERSEYSIDE PR8 5AB ENGLAND
Accountants
Henshaws Accountants Office 7 37-39 Shakespeare Street Southport PR8 5AB
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LANCS TANKS LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,696 
30,788 
Current assets
Inventories
12,207 
1,997 
Debtors
30,275 
47,591 
Cash at bank and in hand
35,437 
97,233 
77,919 
146,821 
Creditors: amounts falling due within one year
(86,432)
(135,013)
Net current (liabilities)/assets
(8,513)
11,808 
Total assets less current liabilities
18,183 
42,596 
Creditors: amounts falling due after more than one year
(18,335)
(36,668)
Net (liabilities)/assets
(152)
5,928 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(252)
5,828 
Shareholders' funds
(152)
5,928 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 28 December 2024 and were signed on its behalf by
A Lewis Director Company Registration No. 07304128
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LANCS TANKS LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
LANCS TANKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07304128. The registered office is OFFICE 7, 37-39 SHAKESPEARE STREET, SOUTHPORT, MERSEYSIDE, PR8 5AB, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
62,849 
15,950 
3,503 
844 
83,146 
Additions
300 
- 
- 
- 
300 
At 31 July 2024
63,149 
15,950 
3,503 
844 
83,446 
Depreciation
At 1 August 2023
40,668 
10,846 
- 
844 
52,358 
Charge for the year
3,372 
1,020 
- 
- 
4,392 
At 31 July 2024
44,040 
11,866 
- 
844 
56,750 
Net book value
At 31 July 2024
19,109 
4,084 
3,503 
- 
26,696 
At 31 July 2023
22,181 
5,104 
3,503 
- 
30,788 
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LANCS TANKS LIMITED Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,463 
44,276 
Accrued income and prepayments
3,812 
3,315 
30,275 
47,591 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,990 
10,990 
VAT
11,343 
14,026 
Trade creditors
9,680 
4,252 
Taxes and social security
5,737 
5,705 
Other creditors
98 
3,737 
Loans from directors
48,584 
96,303 
86,432 
135,013 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,335 
36,668 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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