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Company Registration No. 14861169 (England and Wales)
L-T Industries Ltd Unaudited accounts for the year ended 31 May 2024
L-T Industries Ltd Unaudited accounts Contents
Page
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L-T Industries Ltd Company Information for the year ended 31 May 2024
Directors
Mr L McEwan Mr T Henry
Company Number
14861169 (England and Wales)
Registered Office
5 BRAYFORD SQUARE LONDON E1 0SG ENGLAND
Accountants
Kingsbrook Accounting and Tax Services Limited 2 Kingsbrook Corby Northants NN189HY
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L-T Industries Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,186 
- 
Current assets
Debtors
14,366 
- 
Cash at bank and in hand
10,544 
- 
24,910 
- 
Creditors: amounts falling due within one year
(21,311)
- 
Net current assets
3,599 
- 
Net assets
53,785 
- 
Capital and reserves
Called up share capital
100 
- 
Profit and loss account
53,685 
- 
Shareholders' funds
53,785 
- 
For the year ending 31 May 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 31 January 2025 and were signed on its behalf by
Mr L McEwan Director Company Registration No. 14861169
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L-T Industries Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
L-T Industries Ltd is a private company, limited by shares, registered in England and Wales, registration number 14861169. The registered office is 5 BRAYFORD SQUARE, LONDON, E1 0SG, 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
- 
- 
- 
- 
Additions
21,165 
42,000 
3,750 
66,915 
At 31 May 2024
21,165 
42,000 
3,750 
66,915 
Depreciation
Charge for the year
5,291 
10,500 
938 
16,729 
At 31 May 2024
5,291 
10,500 
938 
16,729 
Net book value
At 31 May 2024
15,874 
31,500 
2,812 
50,186 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,366 
- 
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L-T Industries Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,881 
- 
Trade creditors
3,261 
- 
Taxes and social security
715 
- 
Loans from directors
15,454 
- 
21,311 
- 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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