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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—6 |
2024 | 2023 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
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CURRENT ASSETS | |||||
Stocks |
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Debtors | 5 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 6 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 7 |
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PROVISIONS FOR LIABILITIES | |||||
Deferred Taxation |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 9 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 567,970 | 465,793 | |||
Director
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Plant & Machinery |
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Motor Vehicles |
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2024 | 2023 | ||
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Office and administration |
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Sales, marketing and distribution |
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Plant & Machinery | Motor Vehicles | Total | |
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£ | £ | £ | |
Cost | |||
As at 1 April 2023 |
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Additions |
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As at 31 March 2024 |
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Depreciation | |||
As at 1 April 2023 |
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Provided during the period |
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As at 31 March 2024 |
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Net Book Value | |||
As at 31 March 2024 |
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As at 1 April 2023 |
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2024 | 2023 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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Loan - Luneside Properties Ltd |
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Loan - Lancaster Rubber Properties Ltd |
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Corporation tax recoverable assets |
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Directors' loan accounts |
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2024 | 2023 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
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Trade creditors |
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Bank loans and overdrafts |
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Corporation tax |
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Other taxes and social security |
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VAT |
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Net wages | - | 3,110 | |
Accruals and deferred income |
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2024 | 2023 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
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Bank loans |
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2024 | 2023 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts | 92,335 | 106,775 |
As at 1 April 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2024 | |
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£ | £ | £ | £ | £ | |
Mr Andrew Eccles |
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Luneside Properties Ltd
Director and shareholder, Andrew Eccles, is also a Director and shareholder of the above Company. This Company has loaned monies to Luneside Properties Ltd totalling £34,500 (2023 - £22,500). This amount was outstanding at 31st March 2024, The maximum amount outstanding during the year was £34,500 (2023 - £22,500). This loan is interest free and repayable on demand.
Lancaster Rubber Properties Ltd
Director and shareholder, Andrew Eccles, is also a Director and shareholder of the above Company. This Company has loaned monies to Lancaster Rubber Properties Ltd and the amount outstanding at 31st March 2024 was £115,357 (2023 - £94,958). The maximum amount outstanding during the year was £115,357 (2023 £94,958). This loan is interest free and repayable on demand.