Company Registration No. 08968711 (England and Wales)
Lcr Motors Limited
Unaudited accounts
for the year ended 31 March 2024
Lcr Motors Limited
Unaudited accounts
Contents
Lcr Motors Limited
Company Information
for the year ended 31 March 2024
Director
Martin David Krol
Company Number
08968711 (England and Wales)
Registered Office
The Orchard
Cherry Tree Lane
Colwyn Bay
Clwyd
LL28 5YH
Wales
Accountants
Time 4 Business Services Ltd
The Orchard
Cherry Tree Lane
Colwyn Bay
Conwy
LL28 5YH
Lcr Motors Limited
Statement of financial position
as at 31 March 2024
Tangible assets
22,077
10,125
Cash at bank and in hand
8,133
14,400
Creditors: amounts falling due within one year
(11,299)
(20,235)
Net current assets
3,084
516
Total assets less current liabilities
25,161
10,641
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
20,868
9,928
Shareholders' funds
20,968
10,028
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 21 March 2025 and were signed on its behalf by
Martin David Krol
Director
Company Registration No. 08968711
Lcr Motors Limited
Notes to the Accounts
for the year ended 31 March 2024
Lcr Motors Limited is a private company, limited by shares, registered in England and Wales, registration number 08968711. The registered office is The Orchard, Cherry Tree Lane, Colwyn Bay, Clwyd, LL28 5YH, Wales.
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:
Land & buildings
4% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
5,227
3,700
14,823
4,299
28,049
Additions
-
22,600
-
-
22,600
Disposals
-
(4,500)
-
-
(4,500)
At 31 March 2024
5,227
21,800
14,823
4,299
46,149
At 1 April 2023
1,881
1,891
11,056
3,096
17,924
Charge for the year
209
4,977
565
397
6,148
At 31 March 2024
2,090
6,868
11,621
3,493
24,072
At 31 March 2024
3,137
14,932
3,202
806
22,077
At 31 March 2023
3,346
1,809
3,767
1,203
10,125
Lcr Motors Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,057
3,754
Taxes and social security
11,577
14,402
Loans from directors
(17,964)
861
7
Average number of employees
During the year the average number of employees was 5 (2023: 6).