Company Registration No. 12612682 (England and Wales)
LDCB Management Ltd
Unaudited accounts
for the year ended 31 May 2024
LDCB Management Ltd
Unaudited accounts
Contents
LDCB Management Ltd
Company Information
for the year ended 31 May 2024
Directors
Mr Chris Carr
Christopher Carr
Lucid Builds Ltd
Lucid Creates Limited
Company Number
12612682 (England and Wales)
Registered Office
ORCHARD FARM SCHOOL LANE
IWADE
SITTINGBOURNE
ME9 8QG
ENGLAND
LDCB Management Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
359,338
197,232
Cash at bank and in hand
37
1,053
Creditors: amounts falling due within one year
(281,065)
(81,058)
Net current liabilities
(279,169)
(79,855)
Called up share capital
150
150
Profit and loss account
80,019
117,227
Shareholders' funds
80,169
117,377
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 14 January 2025 and were signed on its behalf by
Mr Chris Carr
Director
Company Registration No. 12612682
LDCB Management Ltd
Notes to the Accounts
for the year ended 31 May 2024
LDCB Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 12612682. The registered office is ORCHARD FARM SCHOOL LANE, IWADE, SITTINGBOURNE, ME9 8QG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
349,495
1,897
6,151
13,292
370,835
Additions
214,915
-
-
-
214,915
At 31 May 2024
564,410
1,897
6,151
13,292
585,750
At 1 June 2023
161,918
1,047
3,715
6,923
173,603
Charge for the year
50,395
213
609
1,592
52,809
At 31 May 2024
212,313
1,260
4,324
8,515
226,412
At 31 May 2024
352,097
637
1,827
4,777
359,338
At 31 May 2023
187,577
850
2,436
6,369
197,232
LDCB Management Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
281,065
79,859
7
Transactions with related parties
Lucid Creates Ltd
Chris Carr is a Director and shareholder.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).