Registered number: 08026380 | ||||||||
FOR THE YEAR ENDED 30/03/2024 | ||||||||
Prepared By: | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
T W Lorains (Leisure) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/03/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Cumbria | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08026380 | ||||||||
ACCOUNTANTS | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
T W Lorains (Leisure) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/03/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
T W Lorains (Leisure) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
6,441 | 8,293 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (3,471) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (1,055) | (1,826) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
T W Lorains (Leisure) Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/03/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Short Leasehold Properties | reducing balance 5% | |||||||
Fixtures and Fittings | straight line 20% | |||||||
Equipment | reducing balance 25% |
1c. Goodwill | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
T W Lorains (Leisure) Limited | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 31/03/2023 | 1,000 | 1,000 | ||
At 30/03/2024 | 1,000 | 1,000 | ||
Depreciation | ||||
At 31/03/2023 | 1,000 | 1,000 | ||
At 30/03/2024 | 1,000 | 1,000 | ||
Net Book Amounts | ||||
At 30/03/2024 | ||||
4. TANGIBLE FIXED ASSETS | ||||||||
Short Leasehold | Fixtures | |||||||
Properties | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 31/03/2023 | 1,730 | 10,203 | 1,563 | 13,496 | ||||
Additions | - | 3,771 | - | 3,771 | ||||
At 30/03/2024 | 1,730 | 13,974 | 1,563 | 17,267 | ||||
Depreciation | ||||||||
At 31/03/2023 | 795 | 9,755 | 903 | 11,453 | ||||
For the year | 48 | 867 | 164 | 1,079 | ||||
At 30/03/2024 | 843 | 10,622 | 1,067 | 12,532 | ||||
Net Book Amounts | ||||||||
At 30/03/2024 | 887 | 4,735 | ||||||
At 30/03/2023 | 935 | 2,043 | ||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 6,391 | 6,391 | ||||||
Directors current account | 50 | 1,902 | ||||||
6,441 | 8,293 | |||||||
T W Lorains (Leisure) Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 4,935 | 4,935 | ||||||
Bank loans and overdrafts | 4,827 | 4,909 | ||||||
Accruals | 1,560 | 1,920 | ||||||
11,322 | 11,764 | |||||||
7. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 899 | 388 | ||||||
899 | 388 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
10 | 10 | |||||||
10 | 10 | |||||||
9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
10. GOING CONCERN | ||||||||
At the balance sheet date the company's liabilities exceeded its assets. The company has received assurances from the director that they will continue to give financial support to the company for the twelve months from the date of signing these financial statements. | ||||||||