Company Registration No. 13719889 (England and Wales)
L FRANCIS CONSTRUCTION LIMITED
Unaudited accounts
for the year ended 30 November 2024
L FRANCIS CONSTRUCTION LIMITED
Unaudited accounts
Contents
L FRANCIS CONSTRUCTION LIMITED
Company Information
for the year ended 30 November 2024
Company Number
13719889 (England and Wales)
Registered Office
UNIT 18 PENRAEVON STREET
PENRAEVON INDUSTRIAL ESTATE
LEEDS
LS7 2AW
ENGLAND
L FRANCIS CONSTRUCTION LIMITED
Statement of financial position
as at 30 November 2024
Tangible assets
192,559
164,752
Cash at bank and in hand
28,991
2,364
Creditors: amounts falling due within one year
(375,602)
(203,716)
Net current liabilities
(57,477)
(20,551)
Net assets
135,082
144,201
Called up share capital
1
1
Profit and loss account
135,081
144,200
Shareholders' funds
135,082
144,201
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 10 December 2024 and were signed on its behalf by
Luke Reeves
Director
Company Registration No. 13719889
L FRANCIS CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 30 November 2024
L FRANCIS CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13719889. The registered office is UNIT 18 PENRAEVON STREET, PENRAEVON INDUSTRIAL ESTATE, LEEDS, LS7 2AW, 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.
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Motor vehicles
20% straight line
4
Tangible fixed assets
Motor vehicles
At 1 December 2023
186,643
At 30 November 2024
257,846
Charge for the year
43,396
At 30 November 2024
65,287
At 30 November 2024
192,559
At 30 November 2023
164,752
L FRANCIS CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
145,344
107,671
Other debtors
43,790
73,130
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
70,000
-
Taxes and social security
13,899
16,860
Loans from directors
270,936
186,308
7
Average number of employees
During the year the average number of employees was 8 (2023: 9).