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REGISTERED NUMBER: 14511240 (England and Wales)















Financial Statements for the Year Ended 30 November 2024

for

LV Cable Solutions Ltd

LV Cable Solutions Ltd (Registered number: 14511240)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LV Cable Solutions Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: A Ibbotson





REGISTERED OFFICE: 10 Duxford Grove
Darlington
DL3 0GH





REGISTERED NUMBER: 14511240 (England and Wales)





ACCOUNTANTS: Chrichard & Co
23 Woodland Road
Darlington
Co. Durham
DL3 7BJ

LV Cable Solutions Ltd (Registered number: 14511240)

Abridged Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,585 28,728

CURRENT ASSETS
Debtors 11,021 33,156
Cash at bank 130,471 45,025
141,492 78,181
CREDITORS
Amounts falling due within one year 15,056 28,812
NET CURRENT ASSETS 126,436 49,369
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,021

78,097

CREDITORS
Amounts falling due after more than one
year

15,627

6,237
NET ASSETS 151,394 71,860

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 151,392 71,858
SHAREHOLDERS' FUNDS 151,394 71,860

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

LV Cable Solutions Ltd (Registered number: 14511240)

Abridged Balance Sheet - continued
30 November 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 February 2025 and were signed by:





A Ibbotson - Director


LV Cable Solutions Ltd (Registered number: 14511240)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

LV Cable Solutions Ltd 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.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

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 4 (2023 - 4 ) .

LV Cable Solutions Ltd (Registered number: 14511240)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023 38,043
Additions 24,651
At 30 November 2024 62,694
DEPRECIATION
At 1 December 2023 9,315
Charge for year 12,794
At 30 November 2024 22,109
NET BOOK VALUE
At 30 November 2024 40,585
At 30 November 2023 28,728

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1.00 1 1
1 Ordinary B £1.00 1 1
2 2