Allen Lyman Office Equipment Limited |
Registered Number:01284627 |
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2024
Allen Lyman Office Equipment Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Allen Lyman Office Equipment Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
729
1,091
2
729
1,091
45,818
28,318
3
Trade and other receivables |
726,697
807,761
4
51,911
Cash and cash equivalents |
206
836,285
824,426
Trade and other payables: amounts falling due within one |
year |
(90,401)
(112,900)
5
734,025
723,385
Net current assets
Total assets less current liabilities |
724,114
735,116
Trade and other payables: amounts falling due after more |
than one year |
(41,685)
(21,681)
6
(629)
(629)
Provisions for liabilities |
701,804
Net assets
692,802
100
100
701,704
692,702
701,804
692,802
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 19 March 2025 and were signed by: |
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For the year ended 30 June 2024
Allen Lyman Office Equipment Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 30 June 2024
Allen Lyman Office Equipment Limited
Notes to the Financial Statements
Statutory Information
Allen Lyman Office Equipment Limited is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 01284627. |
Principal place of business: |
26 Low Farm Road
Moulton Park
Northampton
Northamptonshire
NN3 6HY
Avad House Belvue Road
Northolt Industrial Estate
Northolt
Middlesex
UB5 5HY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, 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
Computer Equipment
Motor Vehicles
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 30 June 2024
Allen Lyman Office Equipment Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
80,462
20,492
12,286
35,611
12,073
35,611
12,286
20,492
80,462
12,073
Provision for depreciation and impairment |
79,371
19,406
12,285
35,608
12,072
Charge for year
362
362
-
-
-
79,733
19,768
12,285
35,608
12,072
1
3
1
724
729
1
3
1
1,086
1,091
2023
2024
28,318
45,818
4. Trade and other receivables |
2023
2024
111,755
71,913
Amounts owed by group undertakings and participating interests |
676,017
635,812
19,989
18,972
726,697
807,761
5. Trade and other payables: amounts falling due within one year |
2023
2024
37,438
20,000
64,381
58,775
Taxation and social security |
7,236
8,195
3,845
3,431
112,900
90,401
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For the year ended 30 June 2024
Allen Lyman Office Equipment Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
21,681
41,685
Coronavirus Business Interruption Loan Scheme is government backed loan which is repayable over 6 years.
7. Related party transactions |
During the year the company paid rent of £25,000 (2023 £25,000) to Avad Property Investments Limited, a company |
in which the directors have beneficial interest. |
8. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
9. Parent-subsidiary relationship |
Avad Group Limited, a company incorporated in England and Wales is the immediate and ultimate parent company. Registered office address of the parent company is Avad HouseBelvue RoadNortholt Industrial EstateNortholtMiddlesex UB5 5HY |
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