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Company Registration No. 11696581 (England and Wales)
Landspeed Sameday Bristol Ltd Unaudited accounts for the year ended 30 November 2024
Landspeed Sameday Bristol Ltd Unaudited accounts Contents
Page
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Landspeed Sameday Bristol Ltd Company Information for the year ended 30 November 2024
Directors
Mrs M R Hill Mr M H Hill
Company Number
11696581 (England and Wales)
Registered Office
55 Goodwin Drive Bristol BS14 0DR
Accountants
Tom Burgess Chartered Accountant 27 Ellesmere Road Uphill Weston-super-mare BS23 4UT
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Landspeed Sameday Bristol Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,257 
15,268 
Current assets
Debtors
63,316 
51,236 
Cash at bank and in hand
52,248 
72,611 
115,564 
123,847 
Creditors: amounts falling due within one year
(47,493)
(41,517)
Net current assets
68,071 
82,330 
Total assets less current liabilities
101,328 
97,598 
Creditors: amounts falling due after more than one year
(25,178)
(29,440)
Provisions for liabilities
Deferred tax
(5,943)
(2,901)
Net assets
70,207 
65,257 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
70,205 
65,255 
Shareholders' funds
70,207 
65,257 
For the year ending 30 November 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 March 2025 and were signed on its behalf by
Mrs M R Hill Director Company Registration No. 11696581
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Landspeed Sameday Bristol Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Landspeed Sameday Bristol Ltd is a private company, limited by shares, registered in England and Wales, registration number 11696581. The registered office is 55 Goodwin Drive, Bristol, BS14 0DR.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% on Cost
Motor vehicles
25-50% on Cost
Fixtures & fittings
25% on Cost
Computer equipment
25% on Cost
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Landspeed Sameday Bristol Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
- 
1,175 
64,032 
2,241 
67,448 
Additions
2,065 
- 
27,975 
- 
30,040 
At 30 November 2024
2,065 
1,175 
92,007 
2,241 
97,488 
Depreciation
At 1 December 2023
- 
455 
50,286 
1,439 
52,180 
Charge for the year
86 
277 
11,170 
518 
12,051 
At 30 November 2024
86 
732 
61,456 
1,957 
64,231 
Net book value
At 30 November 2024
1,979 
443 
30,551 
284 
33,257 
At 30 November 2023
- 
720 
13,746 
802 
15,268 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
63,316 
51,236 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,271 
5,151 
Trade creditors
20,731 
10,646 
Taxes and social security
12,753 
17,283 
Other creditors
2,314 
1,965 
Loans from directors
155 
124 
Accruals
6,269 
6,348 
47,493 
41,517 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,178 
29,440 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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