Company Registration No. 10719168 (England and Wales)
LBC CLADDING LTD
Unaudited accounts
for the year ended 31 August 2024
LBC CLADDING LTD
Unaudited accounts
Contents
LBC CLADDING LTD
Company Information
for the year ended 31 August 2024
Directors
Luke Buxton
Ben Coulson
Company Number
10719168 (England and Wales)
Registered Office
56 ALVERTHORPE ROAD
WAKEFIELD
WF2 9PD
UNITED KINGDOM
Accountants
Rich Accounting
Acorn Centre Phase 1, 51 High Street
Grimethorpe
Barnlsey
S72 7BB
LBC CLADDING LTD
Statement of financial position
as at 31 August 2024
Tangible assets
25,029
20,040
Cash at bank and in hand
2,340
1,640
Creditors: amounts falling due within one year
115,628
86,416
Net current assets
108,797
112,251
Total assets less current liabilities
133,826
132,291
Creditors: amounts falling due after more than one year
21,770
(31,446)
Net assets
155,596
100,845
Profit and loss account
155,596
100,845
Shareholders' funds
155,596
100,845
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 15 May 2025 and were signed on its behalf by
Luke Buxton
Director
Company Registration No. 10719168
LBC CLADDING LTD
Notes to the Accounts
for the year ended 31 August 2024
LBC CLADDING LTD is a private company, limited by shares, registered in England and Wales, registration number 10719168. The registered office is 56 ALVERTHORPE ROAD, WAKEFIELD, WF2 9PD, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% Straight line
4
Tangible fixed assets
Motor vehicles
At 1 September 2023
42,000
At 1 September 2023
21,960
Amounts falling due within one year
Trade debtors
(11,500)
22,630
LBC CLADDING LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(59,050)
(301)
Taxes and social security
4,426
(21,867)
Proposed dividends
(60,000)
(60,000)
Loans from directors
-
(4,248)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
23,186
Taxes and social security
(26,231)
-
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).