Company Registration No. 13443005 (England and Wales)
Lakeland Commercial Kitchens Ltd
Unaudited accounts
for the year ended 30 June 2024
Lakeland Commercial Kitchens Ltd
Unaudited accounts
Contents
Lakeland Commercial Kitchens Ltd
Company Information
for the year ended 30 June 2024
Directors
Jason Lowis
Victoria Lowis
Company Number
13443005 (England and Wales)
Registered Office
20 FELL CLOSE
OXENHOLME
KENDAL
LA9 7ES
ENGLAND
Accountants
Kate King Accountancy Services ltd
33a Market Place
Kendal
Cumbria
LA9 4TP
Lakeland Commercial Kitchens Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
17,336
7,484
Cash at bank and in hand
43,391
39,797
Creditors: amounts falling due within one year
(37,818)
(46,383)
Net current assets
32,366
11,054
Profit and loss account
49,702
18,538
Shareholders' funds
49,702
18,538
For the year ending 30 June 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 14 January 2025 and were signed on its behalf by
Jason Lowis
Director
Company Registration No. 13443005
Lakeland Commercial Kitchens Ltd
Notes to the Accounts
for the year ended 30 June 2024
Lakeland Commercial Kitchens Ltd is a private company, limited by shares, registered in England and Wales, registration number 13443005. The registered office is 20 FELL CLOSE, OXENHOLME, KENDAL, LA9 7ES, 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.
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.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
1,000
11,417
878
13,295
Additions
-
22,178
-
22,178
Disposals
-
(11,417)
-
(11,417)
At 30 June 2024
1,000
22,178
878
24,056
At 1 July 2023
438
4,996
377
5,811
Charge for the year
141
5,544
220
5,905
On disposals
-
(4,996)
-
(4,996)
At 30 June 2024
579
5,544
597
6,720
At 30 June 2024
421
16,634
281
17,336
At 30 June 2023
562
6,421
501
7,484
Lakeland Commercial Kitchens Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
21,173
12,186
Accrued income and prepayments
620
454
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,300
9,300
Obligations under finance leases and hire purchase contracts
10,690
-
Trade creditors
15,332
5,792
Taxes and social security
4,900
9,101
Loans from directors
(4,124)
16,966
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Average number of employees
During the year the average number of employees was 1 (2023: 1).