IRIS Accounts Production v24.3.0.553 01320885 director 1.7.23 30.6.24 30.6.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013208852023-06-30013208852024-06-30013208852023-07-012024-06-30013208852022-06-30013208852022-07-012023-06-30013208852023-06-3001320885ns15:EnglandWales2023-07-012024-06-3001320885ns14:PoundSterling2023-07-012024-06-3001320885ns10:Director12023-07-012024-06-3001320885ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3001320885ns10:SmallEntities2023-07-012024-06-3001320885ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3001320885ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3001320885ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3001320885ns10:FullAccounts2023-07-012024-06-3001320885ns10:OrdinaryShareClass12023-07-012024-06-3001320885ns10:CompanySecretary12023-07-012024-06-3001320885ns10:RegisteredOffice2023-07-012024-06-3001320885ns5:CurrentFinancialInstruments2024-06-3001320885ns5:CurrentFinancialInstruments2023-06-3001320885ns5:Non-currentFinancialInstruments2024-06-3001320885ns5:Non-currentFinancialInstruments2023-06-3001320885ns5:ShareCapital2024-06-3001320885ns5:ShareCapital2023-06-3001320885ns5:RevaluationReserve2024-06-3001320885ns5:RevaluationReserve2023-06-3001320885ns5:RetainedEarningsAccumulatedLosses2024-06-3001320885ns5:RetainedEarningsAccumulatedLosses2023-06-3001320885ns5:PlantMachinery2023-07-012024-06-3001320885ns5:LandBuildings2023-06-3001320885ns5:PlantMachinery2023-06-3001320885ns5:LandBuildings2023-07-012024-06-3001320885ns5:LandBuildings2024-06-3001320885ns5:PlantMachinery2024-06-3001320885ns5:LandBuildings2023-06-3001320885ns5:PlantMachinery2023-06-3001320885ns5:CostValuation2023-06-3001320885ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3001320885ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3001320885ns10:OrdinaryShareClass12024-06-3001320885ns5:RevaluationReserve2023-06-30
REGISTERED NUMBER: 01320885 (England and Wales)


















L.R. Mees Limited

Unaudited Financial Statements

for the Year Ended 30th June 2024






L.R. Mees Limited (Registered number: 01320885)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


L.R. Mees Limited

Company Information
for the Year Ended 30th June 2024







DIRECTOR: Mrs E Mees





SECRETARY: Mrs E Mees





REGISTERED OFFICE: 5 Market Street
Bingham
Nottingham
NG13 8AB





REGISTERED NUMBER: 01320885 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

L.R. Mees Limited (Registered number: 01320885)

Balance Sheet
30th June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 359,890 360,546
Investments 6 1,390 1,390
361,280 361,936

CURRENT ASSETS
Stocks 24,231 30,941
Debtors 7 14,884 14,320
Cash at bank and in hand 23,088 17,357
62,203 62,618
CREDITORS
Amounts falling due within one year 8 (18,227 ) (14,510 )
NET CURRENT ASSETS 43,976 48,108
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,256

410,044

CREDITORS
Amounts falling due after more than one
year

9

(380,611

)

(380,611

)
NET ASSETS 24,645 29,433

CAPITAL AND RESERVES
Called up share capital 10 100,000 100,000
Revaluation reserve 11 148,503 148,503
Retained earnings (223,858 ) (219,070 )
SHAREHOLDERS' FUNDS 24,645 29,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

L.R. Mees Limited (Registered number: 01320885)

Balance Sheet - continued
30th June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th March 2025 and were signed by:





Mrs E Mees - Director


L.R. Mees Limited (Registered number: 01320885)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

L.R. Mees Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

L.R. Mees Limited (Registered number: 01320885)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

3. ACCOUNTING POLICIES - continued

Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st July 2023 340,919 406,971 747,890
Additions 3,022 630 3,652
At 30th June 2024 343,941 407,601 751,542
DEPRECIATION
At 1st July 2023 - 387,344 387,344
Charge for year - 4,308 4,308
At 30th June 2024 - 391,652 391,652
NET BOOK VALUE
At 30th June 2024 343,941 15,949 359,890
At 30th June 2023 340,919 19,627 360,546

6. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1st July 2023
and 30th June 2024 1,390
NET BOOK VALUE
At 30th June 2024 1,390
At 30th June 2023 1,390

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,793 1,239
Other debtors 13,091 13,081
14,884 14,320

L.R. Mees Limited (Registered number: 01320885)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,842 9,291
Taxation and social security 3,145 2,064
Other creditors 3,240 3,155
18,227 14,510

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 380,611 380,611

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100,000 Ordinary 1 100,000 100,000

11. RESERVES
Revaluatio
reserve
£   
At 1st July 2023
and 30th June 2024 148,503