Company Registration No. 04469379 (England and Wales)
Longmynd Service Station Limited
Unaudited accounts
for the year ended 31 May 2024
Longmynd Service Station Limited
Unaudited accounts
Contents
Longmynd Service Station Limited
Company Information
for the year ended 31 May 2024
Directors
J L Reynolds
Suzanne Reynolds
Keith Lee Reynolds
Company Number
04469379 (England and Wales)
Registered Office
Longmynd Service Station
Crossways Industrial Estate
Church Stretton
SY6 6PG
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Longmynd Service Station Limited
Statement of financial position
as at 31 May 2024
Tangible assets
73,868
79,451
Cash at bank and in hand
117,067
129,771
Creditors: amounts falling due within one year
(174,631)
(87,538)
Net current assets
201,093
282,740
Total assets less current liabilities
274,961
362,191
Creditors: amounts falling due after more than one year
-
(150,000)
Provisions for liabilities
Deferred tax
(12,844)
(11,707)
Net assets
262,117
200,484
Called up share capital
900
900
Capital redemption reserve
100
100
Profit and loss account
261,117
199,484
Shareholders' funds
262,117
200,484
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 19 February 2025 and were signed on its behalf by
Keith Lee Reynolds
Director
Company Registration No. 04469379
Longmynd Service Station Limited
Notes to the Accounts
for the year ended 31 May 2024
Longmynd Service Station Limited is a private company, limited by shares, registered in England and Wales, registration number 04469379. The registered office is Longmynd Service Station, Crossways Industrial Estate, Church Stretton, SY6 6PG.
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% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Longmynd Service Station Limited
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
19,900
281,233
51,083
352,216
Additions
-
13,531
-
13,531
Disposals
-
(26,761)
-
(26,761)
At 31 May 2024
19,900
268,003
51,083
338,986
At 1 June 2023
-
227,868
44,897
272,765
Charge for the year
-
16,443
1,547
17,990
On disposals
-
(25,637)
-
(25,637)
At 31 May 2024
-
218,674
46,444
265,118
At 31 May 2024
19,900
49,329
4,639
73,868
At 31 May 2023
19,900
53,365
6,186
79,451
Amounts falling due within one year
Trade debtors
22,898
17,161
Accrued income and prepayments
9,784
9,820
Amounts falling due after more than one year
Amounts due from group undertakings etc.
217,375
196,226
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
52,845
50,875
Taxes and social security
47,664
27,976
Loans from directors
70,922
-
8
Creditors: amounts falling due after more than one year
2024
2023
9
Transactions with related parties
As at the reporting date the company was owed £217375 (2023: £196226) from companies owned and controlled by the directors.
Longmynd Service Station Limited
Notes to the Accounts
for the year ended 31 May 2024
The ultimate parent company is Longmynd Holdings Limited, incorporated in England and Wales.
The ultimate controlling party is K L Reynolds and S D Reynolds.
11
Average number of employees
During the year the average number of employees was 18 (2023: 18).