L & B MANSFIELDTILING LTD

L & B MANSFIELDTILING LTD
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 13260210 L & B MANSFIELDTILING LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	23,643	11,372
		23,643	11,372
Current assets
Cash at bank and in hand		25,562	29,426
Creditors: amount falling due within one year		(48,125)	(40,013)
Net current assets		(22,563)	(10,587)

Total assets less current liabilities		1,080	785
Net assets		1,080	785

Capital and reserves
Called up share capital		100	100
Profit and loss account		980	685
Shareholders' funds		1,080	785

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

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

The financial statements were approved by the director on 07 April 2025 and were signed by:

-------------------------------
Shkelqim Bajraktari
Director

1

L & B MANSFIELDTILING LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

L & B MANSFIELDTILING LTD is a private company, limited by shares, registered in England and Wales, registration number 13260210, registration address 82 Ley Lane, Mansfield Woodhouse, NG19 8JX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

20% Reducing Balance

2.	Average number of employees Average number of employees during the year was 4 (2024 : 4).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 April 2024	22,210	22,210
Additions	18,182	18,182
Disposals	-	-
At 31 March 2025	40,392	40,392
Depreciation
At 01 April 2024	10,838	10,838
Charge for year	5,911	5,911
On disposals	-	-
At 31 March 2025	16,749	16,749
Net book values
Closing balance as at 31 March 2025	23,643	23,643
Opening balance as at 01 April 2024	11,372	11,372

2