LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Company Registration Number:
06290078 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 26,154 32,189
Total fixed assets: 26,154 32,189
Current assets
Debtors:   509,327 407,473
Cash at bank and in hand: 9,782 250
Total current assets: 519,109 407,723
Creditors: amounts falling due within one year:   (243,187) (201,130)
Net current assets (liabilities): 275,922 206,593
Total assets less current liabilities: 302,076 238,782
Creditors: amounts falling due after more than one year:   (109,698) (47,698)
Total net assets (liabilities): 192,378 191,084
Capital and reserves
Called up share capital: 190,445 190,445
Profit and loss account: 1,933 639
Shareholders funds: 192,378 191,084

The notes form part of these financial statements

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2025
and signed on behalf of the board by:

Name: N J R Lord
Status: Director

The notes form part of these financial statements

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible fixed assets and amortisation policy

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty one years.

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 4 5

LORD ASSOCIATES TAXATION & BUSINESS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 127,500
At 31 March 2024 127,500
Depreciation
At 01 April 2023 95,311
Charge for year 6,035
At 31 March 2024 101,346
Net book value
At 31 March 2024 26,154
At 31 March 2023 32,189