IRIS Accounts Production v25.1.0.734 07233438 director 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072334382023-04-30072334382024-04-30072334382023-05-012024-04-30072334382022-04-30072334382022-05-012023-04-30072334382023-04-3007233438ns15:EnglandWales2023-05-012024-04-3007233438ns14:PoundSterling2023-05-012024-04-3007233438ns10:Director12023-05-012024-04-3007233438ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007233438ns10:SmallEntities2023-05-012024-04-3007233438ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007233438ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007233438ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007233438ns10:FullAccounts2023-05-012024-04-300723343812023-05-012024-04-3007233438ns10:RegisteredOffice2023-05-012024-04-3007233438ns5:CurrentFinancialInstruments2024-04-3007233438ns5:CurrentFinancialInstruments2023-04-3007233438ns5:Non-currentFinancialInstruments2024-04-3007233438ns5:Non-currentFinancialInstruments2023-04-3007233438ns5:ShareCapital2024-04-3007233438ns5:ShareCapital2023-04-3007233438ns5:RetainedEarningsAccumulatedLosses2024-04-3007233438ns5:RetainedEarningsAccumulatedLosses2023-04-3007233438ns5:NetGoodwill2023-05-012024-04-3007233438ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3007233438ns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-012024-04-3007233438ns5:PlantMachinery2023-05-012024-04-3007233438ns5:NetGoodwill2023-04-3007233438ns5:NetGoodwill2024-04-3007233438ns5:NetGoodwill2023-04-3007233438ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-3007233438ns5:PlantMachinery2023-04-3007233438ns5:ShortLeaseholdAssetsns5:LandBuildings2024-04-3007233438ns5:PlantMachinery2024-04-3007233438ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-3007233438ns5:PlantMachinery2023-04-3007233438ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3007233438ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 07233438 (England and Wales)















L J R Commercial Trading Ltd
T/A
Classic Cutz

Unaudited Financial Statements

for the Year Ended 30 April 2024






L J R Commercial Trading Ltd (Registered number: 07233438)
T/A Classic Cutz






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


L J R Commercial Trading Ltd
T/A Classic Cutz

Company Information
for the Year Ended 30 April 2024







DIRECTOR: L Richardson





REGISTERED OFFICE: 82 Woodland Road
Croesyceiliog
Cwmbran
NP44 2DU





REGISTERED NUMBER: 07233438 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
11 New Street
Pontnewydd
Cwmbran
NP44 1EE

L J R Commercial Trading Ltd (Registered number: 07233438)
T/A Classic Cutz

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 362 580
Tangible assets 5 10,222 9,444
10,584 10,024

CURRENT ASSETS
Stocks 2,500 2,500
Debtors 6 1,100 1,100
Investments 7 27,500 27,500
Cash at bank and in hand 1,475 3,142
32,575 34,242
CREDITORS
Amounts falling due within one year 8 47,326 40,202
NET CURRENT LIABILITIES (14,751 ) (5,960 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,167

)

4,064

CREDITORS
Amounts falling due after more than one year 9 13,333 23,333
NET LIABILITIES (17,500 ) (19,269 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (17,501 ) (19,270 )
(17,500 ) (19,269 )

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

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

The director acknowledges his 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 J R Commercial Trading Ltd (Registered number: 07233438)
T/A Classic Cutz

Balance Sheet - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2025 and were signed by:





L Richardson - Director


L J R Commercial Trading Ltd (Registered number: 07233438)
T/A Classic Cutz

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

L J R Commercial Trading Ltd 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on reducing balance
Plant and machinery - 15% 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 Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

L J R Commercial Trading Ltd (Registered number: 07233438)
T/A Classic Cutz

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 5,000
AMORTISATION
At 1 May 2023 4,420
Charge for year 218
At 30 April 2024 4,638
NET BOOK VALUE
At 30 April 2024 362
At 30 April 2023 580

5. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 May 2023 1,904 14,086 15,990
Additions - 2,169 2,169
At 30 April 2024 1,904 16,255 18,159
DEPRECIATION
At 1 May 2023 1,388 5,158 6,546
Charge for year 52 1,339 1,391
At 30 April 2024 1,440 6,497 7,937
NET BOOK VALUE
At 30 April 2024 464 9,758 10,222
At 30 April 2023 516 8,928 9,444

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 100 100
Other debtors 1,000 1,000
1,100 1,100

7. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£    £   
Listed investments 27,500 27,500

L J R Commercial Trading Ltd (Registered number: 07233438)
T/A Classic Cutz

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,000 10,000
Taxation and social security 2,128 2,021
Other creditors 35,198 28,181
47,326 40,202

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 13,333 23,333