IRIS Accounts Production v24.3.2.46 11318554 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113185542023-04-30113185542024-04-30113185542023-05-012024-04-30113185542022-04-30113185542022-05-012023-04-30113185542023-04-3011318554ns15:EnglandWales2023-05-012024-04-3011318554ns14:PoundSterling2023-05-012024-04-3011318554ns10:Director12023-05-012024-04-3011318554ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011318554ns10:SmallEntities2023-05-012024-04-3011318554ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011318554ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011318554ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011318554ns10:FullAccounts2023-05-012024-04-3011318554ns10:RegisteredOffice2023-05-012024-04-3011318554ns5:CurrentFinancialInstruments2024-04-3011318554ns5:CurrentFinancialInstruments2023-04-3011318554ns5:Non-currentFinancialInstruments2024-04-3011318554ns5:Non-currentFinancialInstruments2023-04-3011318554ns5:ShareCapital2024-04-3011318554ns5:ShareCapital2023-04-3011318554ns5:RetainedEarningsAccumulatedLosses2024-04-3011318554ns5:RetainedEarningsAccumulatedLosses2023-04-3011318554ns5:PlantMachinery2023-04-3011318554ns5:PlantMachinery2023-05-012024-04-3011318554ns5:PlantMachinery2024-04-3011318554ns5:PlantMachinery2023-04-3011318554ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3011318554ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3011318554ns5:AcceleratedTaxDepreciationDeferredTax2024-04-3011318554ns5:AcceleratedTaxDepreciationDeferredTax2023-04-3011318554ns5:DeferredTaxation2023-04-3011318554ns5:DeferredTaxation2023-05-012024-04-3011318554ns5:DeferredTaxation2024-04-30
REGISTERED NUMBER: 11318554 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

L R SHELBY LIMITED

L R SHELBY LIMITED (REGISTERED NUMBER: 11318554)






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


L R SHELBY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: R Quittenton





REGISTERED OFFICE: Lonsdale Gate
Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU





REGISTERED NUMBER: 11318554 (England and Wales)





ACCOUNTANTS: Aequitas Limited
1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL

L R SHELBY LIMITED (REGISTERED NUMBER: 11318554)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,375 18,432

CURRENT ASSETS
Debtors 5 285,017 450,822
Cash at bank and in hand 482,304 518,096
767,321 968,918
CREDITORS
Amounts falling due within one year 6 157,206 347,306
NET CURRENT ASSETS 610,115 621,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

651,490

640,044

CREDITORS
Amounts falling due after more than one
year

7

(11,909

)

(6,515

)

PROVISIONS FOR LIABILITIES 8 (10,344 ) (4,608 )
NET ASSETS 629,237 628,921

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 629,235 628,919
SHAREHOLDERS' FUNDS 629,237 628,921

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 director acknowledges his 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.

L R SHELBY LIMITED (REGISTERED NUMBER: 11318554)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





R Quittenton - Director


L R SHELBY LIMITED (REGISTERED NUMBER: 11318554)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

L R Shelby 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.

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 Statement of Income and Retained Earnings, 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.

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 5 (2023 - 3 ) .

L R SHELBY LIMITED (REGISTERED NUMBER: 11318554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 31,553
Additions 57,703
Disposals (25,943 )
At 30 April 2024 63,313
DEPRECIATION
At 1 May 2023 13,121
Charge for year 15,346
Eliminated on disposal (6,529 )
At 30 April 2024 21,938
NET BOOK VALUE
At 30 April 2024 41,375
At 30 April 2023 18,432

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 272,551 435,112
Other debtors 12,466 15,710
285,017 450,822

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 22,435 32,387
Hire purchase contracts 9,009 7,361
Trade creditors 32,752 6,069
Taxation and social security 82,897 195,320
Other creditors 10,113 106,169
157,206 347,306

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 11,909 6,515

L R SHELBY LIMITED (REGISTERED NUMBER: 11318554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax
Accelerated capital allowances 10,344 4,608

Deferred
tax
£   
Balance at 1 May 2023 4,608
Charge to Statement of Income and Retained Earnings during year 5,736
Balance at 30 April 2024 10,344