Registered number
NI635817
LCC Facilities Management Ltd
Filleted Accounts
31 January 2025
LCC Facilities Management Ltd
Registered number: NI635817
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 301 376
Current assets
Stocks 147,167 58,000
Debtors 4 210,399 210,399
Cash at bank and in hand 13,164 127,803
370,730 396,202
Creditors: amounts falling due within one year 5 (354,841) (378,242)
Net current assets 15,889 17,960
Total assets less current liabilities 16,190 18,336
Creditors: amounts falling due after more than one year 6 (5,250) (9,450)
Provisions for liabilities (57) (72)
Net assets 10,883 8,814
Capital and reserves
Called up share capital 100 100
Profit and loss account 10,783 8,714
Shareholders' funds 10,883 8,814
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Laurence McCann
Director
Approved by the board on 8 April 2025
LCC Facilities Management Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% Reducing Balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2024 1,725
At 31 January 2025 1,725
Depreciation
At 1 February 2024 1,349
Charge for the year 75
At 31 January 2025 1,424
Net book value
At 31 January 2025 301
At 31 January 2024 376
4 Debtors 2025 2024
£ £
Other debtors 210,399 210,399
5 Creditors: amounts falling due within one year 2025 2024
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 303,106 303,106
Taxation and social security costs 499 10,003
Other creditors 51,236 65,133
354,841 378,242
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 5,250 9,450
7 Controlling party
The directors are the controlling parties as they control 100% of the issued share capital of the parent company
8 Other information
LCC Facilities Management Ltd is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
7 Letfern Avenue
Omagh
Co Tyrone
BT78 1LA
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