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Company Registration No. 06609834 (England and Wales)
L & D UPVC Limited Unaudited accounts for the year ended 30 June 2024
L & D UPVC Limited Unaudited accounts Contents
Page
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L & D UPVC Limited Company Information for the year ended 30 June 2024
Directors
Darren Meadowcroft Sharon Meadowcroft
Secretary
Sharon Meadowcroft
Company Number
06609834 (England and Wales)
Registered Office
28a Cheadle Road Uttoxeter Staffordshire ST14 7BS England
Accountants
James Accountancy Services Ltd 3 Waterloo Grove Kidsgrove Stoke-on-Trent Staffordshire ST7 4SY
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L & D UPVC Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,350 
6,650 
Current assets
Inventories
1,000 
630 
Debtors
980 
- 
Cash at bank and in hand
53,343 
47,468 
55,323 
48,098 
Creditors: amounts falling due within one year
(17,442)
(10,690)
Net current assets
37,881 
37,408 
Total assets less current liabilities
43,231 
44,058 
Creditors: amounts falling due after more than one year
(2,771)
(5,173)
Provisions for liabilities
Deferred tax
(1,017)
(1,264)
Net assets
39,443 
37,621 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
39,433 
37,611 
Shareholders' funds
39,443 
37,621 
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 15 January 2025 and were signed on its behalf by
Sharon Meadowcroft Director Company Registration No. 06609834
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L & D UPVC Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
L & D UPVC Limited is a private company, limited by shares, registered in England and Wales, registration number 06609834. The registered office is 28a Cheadle Road, Uttoxeter, Staffordshire, ST14 7BS, 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.
Turnover
Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers. The company was not registered for VAT during the year.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Property alterations (office) - 10% reducing balance method.
Plant & machinery
20% reducing balance method.
Motor vehicles
25% reducing balance method.
Computer equipment
20% reducing balance method.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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L & D UPVC Limited Notes to the Accounts for the year ended 30 June 2024
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
2,500 
At 30 June 2024
2,500 
Amortisation
At 1 July 2023
2,500 
At 30 June 2024
2,500 
Net book value
At 30 June 2024
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
2,812 
7,503 
15,029 
2,848 
28,192 
At 30 June 2024
2,812 
7,503 
15,029 
2,848 
28,192 
Depreciation
At 1 July 2023
2,012 
3,953 
14,029 
1,548 
21,542 
Charge for the year
100 
700 
200 
300 
1,300 
At 30 June 2024
2,112 
4,653 
14,229 
1,848 
22,842 
Net book value
At 30 June 2024
700 
2,850 
800 
1,000 
5,350 
At 30 June 2023
800 
3,550 
1,000 
1,300 
6,650 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
980 
- 
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L & D UPVC Limited Notes to the Accounts for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,400 
2,400 
Trade creditors
9,214 
1,711 
Taxes and social security
1,847 
158 
Loans from directors
3,381 
5,821 
Accruals
600 
600 
17,442 
10,690 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,771 
5,173 
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
1,017 
1,264 
2024 
2023 
£ 
£ 
Provision at start of year
1,264 
1,076 
(Credited)/charged to the profit and loss account
(247)
188 
Provision at end of year
1,017 
1,264 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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