IRIS Accounts Production v24.1.0.578 13310846 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133108462023-04-30133108462024-04-30133108462023-05-012024-04-30133108462022-04-30133108462022-05-012023-04-30133108462023-04-3013310846ns15:EnglandWales2023-05-012024-04-3013310846ns14:PoundSterling2023-05-012024-04-3013310846ns10:Director12023-05-012024-04-3013310846ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3013310846ns10:SmallEntities2023-05-012024-04-3013310846ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3013310846ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3013310846ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3013310846ns10:FullAccounts2023-05-012024-04-3013310846ns10:Director22023-05-012024-04-3013310846ns10:CompanySecretary12023-05-012024-04-3013310846ns10:RegisteredOffice2023-05-012024-04-3013310846ns5:CurrentFinancialInstruments2024-04-3013310846ns5:CurrentFinancialInstruments2023-04-3013310846ns5:ShareCapital2024-04-3013310846ns5:ShareCapital2023-04-3013310846ns5:RetainedEarningsAccumulatedLosses2024-04-3013310846ns5:RetainedEarningsAccumulatedLosses2023-04-3013310846ns5:PlantMachinery2023-05-012024-04-3013310846ns5:PlantMachinery2024-04-3013310846ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3013310846ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 13310846 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

LIPPETT AUTO REPAIRS LTD

LIPPETT AUTO REPAIRS LTD (Registered number: 13310846)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LIPPETT AUTO REPAIRS LTD

Company Information
for the Year Ended 30 April 2024







DIRECTORS: MS K A GREEN
S L LIPPETT





SECRETARY: MS K A GREEN





REGISTERED OFFICE: UNIT 8 WARDWELL
SITTINGBOURNE
ME9 7BP





REGISTERED NUMBER: 13310846 (England and Wales)





ACCOUNTANTS: A.B.K ACCOUNTANCY SERVICES
59 ASHEN GROVE
WIMBLEDON PARK
London
SW19 8BL

LIPPETT AUTO REPAIRS LTD (Registered number: 13310846)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,809 -

CURRENT ASSETS
Debtors 5 13,268 12,487
Cash at bank 3,205 5,430
16,473 17,917
CREDITORS
Amounts falling due within one year 6 30,261 21,912
NET CURRENT LIABILITIES (13,788 ) (3,995 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,021

(3,995

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,921 (4,095 )
9,021 (3,995 )

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 directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by:





S L LIPPETT - Director


LIPPETT AUTO REPAIRS LTD (Registered number: 13310846)

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

1. STATUTORY INFORMATION

LIPPETT AUTO REPAIRS 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 29,409
At 30 April 2024 29,409
DEPRECIATION
Charge for year 6,600
At 30 April 2024 6,600
NET BOOK VALUE
At 30 April 2024 22,809

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 12,531 12,487
Other debtors 737 -
13,268 12,487

LIPPETT AUTO REPAIRS LTD (Registered number: 13310846)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 5,940 4,736
Trade creditors 9,158 3,743
Tax 1,478 -
Social security and other taxes 1,444 1,444
VAT 1,617 2,172
Directors' current accounts 9,344 9,817
Accruals 1,280 -
30,261 21,912