Company Registration No. 05093762 (England and Wales)
L & B Autos Ltd
Unaudited accounts
for the year ended 31 March 2025
L & B Autos Ltd
Unaudited accounts
Contents
L & B Autos Ltd
Company Information
for the year ended 31 March 2025
Director
Robert Andrew Clegg
Secretary
Sandra Margaret Duckett
Company Number
05093762 (England and Wales)
Registered Office
20 Welbeck Avenue
Davyhulme
Manchester
M41 0GJ
UK
Accountants
Premier Accounts & Consultancy Ltd
76 Gloucester Road
Urmston
Manchester
M41 9AE
L & B Autos Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
44,493
51,224
Cash at bank and in hand
105,883
146,980
Creditors: amounts falling due within one year
(33,794)
(80,801)
Net current assets
99,847
115,398
Total assets less current liabilities
144,340
166,622
Creditors: amounts falling due after more than one year
(7,857)
(13,966)
Net assets
136,483
152,656
Called up share capital
1
1
Profit and loss account
136,482
152,655
Shareholders' funds
136,483
152,656
For the year ending 31 March 2025 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 director acknowledges her 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 and authorised for issue on 4 June 2025 and were signed on its behalf by
Robert Andrew Clegg
Director
Company Registration No. 05093762
L & B Autos Ltd
Notes to the Accounts
for the year ended 31 March 2025
L & B Autos Ltd is a private company, limited by shares, registered in England and Wales, registration number 05093762. The registered office is 20 Welbeck Avenue, Davyhulme, Manchester, M41 0GJ, UK.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
5,244
102,446
107,690
At 31 March 2025
5,244
110,546
115,790
At 1 April 2024
1,311
55,155
56,466
Charge for the year
983
13,848
14,831
At 31 March 2025
2,294
69,003
71,297
At 31 March 2025
2,950
41,543
44,493
At 31 March 2024
3,933
47,291
51,224
L & B Autos Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
27,758
47,619
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
17,031
44,898
Taxes and social security
6,728
18,161
Loans from directors
-
7,926
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).