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Company Registration No. 12087345 (England and Wales)
LAMBERT ENTERPRISES LTD Unaudited accounts for the year ended 31 July 2024
LAMBERT ENTERPRISES LTD Unaudited accounts Contents
Page
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LAMBERT ENTERPRISES LTD Company Information for the year ended 31 July 2024
Directors
V Lambert S L Lambert
Company Number
12087345 (England and Wales)
Registered Office
White House Farm Town Street York East Yorkshire YO43 3PE United Kingdom
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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LAMBERT ENTERPRISES LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
62,435 
61,544 
Current assets
Debtors
21,800 
21,860 
Cash at bank and in hand
76,185 
49,556 
97,985 
71,416 
Creditors: amounts falling due within one year
(38,053)
(39,940)
Net current assets
59,932 
31,476 
Total assets less current liabilities
122,367 
93,020 
Provisions for liabilities
Deferred tax
(7,803)
(7,089)
Net assets
114,564 
85,931 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
114,464 
85,831 
Shareholders' funds
114,564 
85,931 
For the year ending 31 July 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 17 March 2025 and were signed on its behalf by
V Lambert Director Company Registration No. 12087345
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LAMBERT ENTERPRISES LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
LAMBERT ENTERPRISES LTD is a private company, limited by shares, registered in England and Wales, registration number 12087345. The registered office is White House Farm, Town Street, York, East Yorkshire, YO43 3PE, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
5% on cost
Plant & machinery
20% on a straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
27,355 
91,150 
118,505 
Additions
21,567 
- 
21,567 
At 31 July 2024
48,922 
91,150 
140,072 
Depreciation
At 1 August 2023
2,168 
54,793 
56,961 
Charge for the year
2,446 
18,230 
20,676 
At 31 July 2024
4,614 
73,023 
77,637 
Net book value
At 31 July 2024
44,308 
18,127 
62,435 
At 31 July 2023
25,187 
36,357 
61,544 
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LAMBERT ENTERPRISES LTD Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
60 
Other debtors
21,800 
21,800 
21,800 
21,860 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
76 
- 
Taxes and social security
12,862 
12,597 
Other creditors
15,225 
15,225 
Loans from directors
3,000 
2,880 
Accruals
1,200 
1,158 
Deferred income
5,690 
8,080 
38,053 
39,940 
7
Transactions with related parties
During the year rent was payable to a company, S&V Properties Ltd (company number : 08650675) which has the same directors and shareholders. The amount of rent was £6,000 (2022 : £6,000). The amount owing to S&V Properties Ltd at the year end was £5,500 (2022:£0).
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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