2023-06-01 2024-05-31 false Capium Accounts Production 1.1 01849737 2023-06-01 2024-05-31 01849737 bus:AbridgedAccounts 2023-06-01 2024-05-31 01849737 bus:FRS102 2023-06-01 2024-05-31 01849737 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 01849737 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 01849737 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 01849737 2023-06-01 2024-05-31 01849737 2024-05-31 01849737 bus:RegisteredOffice 2023-06-01 2024-05-31 01849737 core:WithinOneYear 2024-05-31 01849737 core:AfterOneYear 2024-05-31 01849737 1 2023-06-01 2024-05-31 01849737 bus:Director1 2023-06-01 2024-05-31 01849737 bus:Director1 2024-05-31 01849737 bus:Director1 2022-06-01 2023-05-31 01849737 bus:Director2 2023-06-01 2024-05-31 01849737 bus:Director2 2024-05-31 01849737 bus:Director2 2022-06-01 2023-05-31 01849737 bus:Director3 2023-06-01 2024-05-31 01849737 bus:Director3 2024-05-31 01849737 bus:Director3 2022-06-01 2023-05-31 01849737 2022-06-01 01849737 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 01849737 2022-06-01 2023-05-31 01849737 2023-05-31 01849737 core:WithinOneYear 2023-05-31 01849737 core:AfterOneYear 2023-05-31 01849737 bus:EntityAccountantsOrAuditors 2022-06-01 2023-05-31 01849737 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 01849737 bus:OrdinaryShareClass1 2024-05-31 01849737 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 01849737 bus:OrdinaryShareClass1 2023-05-31 01849737 core:LandBuildings 2023-06-01 2024-05-31 01849737 core:LandBuildings 2024-05-31 01849737 core:LandBuildings 2023-05-31 01849737 core:PlantMachinery 2023-06-01 2024-05-31 01849737 core:PlantMachinery 2024-05-31 01849737 core:PlantMachinery 2023-05-31 01849737 core:MotorCars 2023-06-01 2024-05-31 01849737 core:MotorCars 2024-05-31 01849737 core:MotorCars 2023-05-31 01849737 core:FurnitureFittings 2023-06-01 2024-05-31 01849737 core:FurnitureFittings 2024-05-31 01849737 core:FurnitureFittings 2023-05-31 01849737 core:ComputerEquipment 2023-06-01 2024-05-31 01849737 core:ComputerEquipment 2024-05-31 01849737 core:ComputerEquipment 2023-05-31 01849737 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-05-31 01849737 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 01849737 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 01849737 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 01849737 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 01849737 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 01849737 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 01849737 core:Non-currentFinancialInstruments 2024-05-31 01849737 core:Non-currentFinancialInstruments 2023-05-31 01849737 core:ShareCapital 2024-05-31 01849737 core:ShareCapital 2023-05-31 01849737 core:RetainedEarningsAccumulatedLosses 2024-05-31 01849737 core:RetainedEarningsAccumulatedLosses 2023-05-31 01849737 dpl:Item1 2023-06-01 01849737 dpl:Item1 2024-05-31 01849737 dpl:Item1 2022-06-01 01849737 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 01849737
England and Wales

 

 

 

T. LOUGHMAN & CO LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 2,139,247    2,182,099 
2,139,247    2,182,099 
Current assets      
Stocks 950,206    413,053 
Debtors 425,947    488,854 
Cash at bank and in hand 2,322,577    2,469,948 
3,698,730    3,371,855 
Creditors: amount falling due within one year (876,158)   (653,289)
Net current assets 2,822,572    2,718,566 
 
Total assets less current liabilities 4,961,819    4,900,665 
Creditors: amount falling due after more than one year (63,398)   (117,739)
Net assets 4,898,421    4,782,926 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 4,898,321    4,782,826 
Shareholders' funds 4,898,421    4,782,926 
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 18 February 2025 and were signed on its behalf by:


-------------------------------
Thomas LOUGHMAN
Director
1
General Information
T. LOUGHMAN & CO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01849737, registration address FIRST FLOOR , 14 - 16 POWIS STREET, WOOLWICH , LONDON, SE18 6LF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 25% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 16 (2023 : 19).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £   £
At 01 June 2023 1,977,844    688,782    170,359    22,349    76,629    2,935,963 
Additions   67,594          67,594 
Disposals          
At 31 May 2024 1,977,844    756,376    170,359    22,349    76,629    3,003,557 
Depreciation
At 01 June 2023 152,246    398,968    113,774    16,828    72,048    753,864 
Charge for year 3,840    89,352    14,147    828    2,279    110,446 
On disposals          
At 31 May 2024 156,086    488,320    127,921    17,656    74,327    864,310 
Net book values
Closing balance as at 31 May 2024 1,821,758    268,056    42,438    4,693    2,302    2,139,247 
Opening balance as at 01 June 2023 1,825,598    289,814    56,585    5,521    4,581    2,182,099 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

2