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Company Registration No. 13629800 (England and Wales)
L.T. VA Services Ltd Unaudited accounts for the year ended 31 August 2024
L.T. VA Services Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
911 
- 
Tangible assets
2,153 
3,276 
3,064 
3,276 
Current assets
Debtors
2,021 
330 
Cash at bank and in hand
2,610 
1,265 
4,631 
1,595 
Creditors: amounts falling due within one year
(11,619)
(4,838)
Net current liabilities
(6,988)
(3,243)
Total assets less current liabilities
(3,924)
33 
Provisions for liabilities
Deferred tax
(4)
(13)
Net (liabilities)/assets
(3,928)
20 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,929)
19 
Shareholders' funds
(3,928)
20 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by
Lisa Tennant Director Company Registration No. 13629800
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L.T. VA Services Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
L.T. VA Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13629800. The registered office is R J Wilber Chartered Accountants, 28 High Street, Bidford-on-Avon, Alcester, Warwickshire, B50 4AA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
5 years straight line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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L.T. VA Services Ltd Notes to the Accounts for the year ended 31 August 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
- 
Additions
934 
At 31 August 2024
934 
Amortisation
At 1 September 2023
- 
Charge for the year
23 
At 31 August 2024
23 
Net book value
At 31 August 2024
911 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
5,460 
At 31 August 2024
5,460 
Depreciation
At 1 September 2023
2,184 
Charge for the year
1,123 
At 31 August 2024
3,307 
Net book value
At 31 August 2024
2,153 
At 31 August 2023
3,276 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,715 
154 
Accrued income and prepayments
306 
176 
2,021 
330 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,234 
(632)
Taxes and social security
- 
154 
Other creditors
6,977 
3,640 
Loans from directors
2,526 
935 
Accruals
882 
741 
11,619 
4,838 
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L.T. VA Services Ltd Notes to the Accounts for the year ended 31 August 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
4 
13 
2024 
2023 
£ 
£ 
Provision at start of year
13 
609 
Credited to the profit and loss account
(9)
(596)
Provision at end of year
4 
13 
9
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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