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REGISTERED NUMBER: 10721594 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 April 2024

for

Lock Tight Maintenance Limited

Lock Tight Maintenance Limited (Registered number: 10721594)

Contents of the Financial Statements
For The Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lock Tight Maintenance Limited

Company Information
For The Year Ended 30 April 2024







DIRECTORS: C A Edwards
Mrs N Edwards





REGISTERED OFFICE: Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN





REGISTERED NUMBER: 10721594 (England and Wales)





ACCOUNTANTS: Hunt Ford & Co
Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN

Lock Tight Maintenance Limited (Registered number: 10721594)

Balance Sheet
30 April 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 10,000
Tangible assets 5 23,810 453
33,810 10,453

CURRENT ASSETS
Debtors 6 146,796 115,910
Cash at bank 4,119 45,838
150,915 161,748
CREDITORS
Amounts falling due within one year 7 128,636 146,230
NET CURRENT ASSETS 22,279 15,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,089

25,971

CREDITORS
Amounts falling due after more than
one year

8

51,050

22,500
NET ASSETS 5,039 3,471

CAPITAL AND RESERVES
Called up share capital 9 101 101
Retained earnings 10 4,938 3,370
SHAREHOLDERS' FUNDS 5,039 3,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Lock Tight Maintenance Limited (Registered number: 10721594)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





C A Edwards - Director


Lock Tight Maintenance Limited (Registered number: 10721594)

Notes to the Financial Statements
For The Year Ended 30 April 2024


1. STATUTORY INFORMATION

Lock Tight Maintenance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Lock Tight Maintenance Limited (Registered number: 10721594)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 10,000
NET BOOK VALUE
At 30 April 2024 10,000
At 30 April 2023 10,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 1,468
Additions 26,200
At 30 April 2024 27,668
DEPRECIATION
At 1 May 2023 1,015
Charge for year 2,843
At 30 April 2024 3,858
NET BOOK VALUE
At 30 April 2024 23,810
At 30 April 2023 453

Lock Tight Maintenance Limited (Registered number: 10721594)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors 36,188 25,654
Other debtors 27,032 20,000
Directors' current accounts 83,576 70,256
146,796 115,910

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 7,434 16,361
Trade creditors 36,984 51,876
Tax 59,311 35,244
S455 CT charge 7,032 -
Social security and other taxes 1,823 2,459
CIS tax witheld (523 ) (19 )
Pension Liability 319 253
VAT 15,191 37,185
Net pay - 1,806
Accrued expenses 1,065 1,065
128,636 146,230

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans - 2-5 years 22,500 22,500
Hire purchase contracts 28,550 -
51,050 22,500

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
1 Ordinary B £1 100 100
100 Ordinary A £1 1 1
101 101

Lock Tight Maintenance Limited (Registered number: 10721594)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2024


10. RESERVES
Retained
earnings
£   

At 1 May 2023 3,370
Profit for the year 161,568
Dividends (160,000 )
At 30 April 2024 4,938