Registered number
15588402
LWD Subsea Engineering Ltd
Unaudited Filleted Accounts
31 March 2025
LWD Subsea Engineering Ltd
Registered number: 15588402
Balance Sheet
as at 31 March 2025
Notes 2025
£
Net current assets -
Total assets less current liabilities -
Creditors: amounts falling due after more than one year 3 (1,021)
Net liabilities (1,021)
Capital and reserves
Called up share capital 4
Profit and loss account (1,025)
Shareholders' funds (1,021)
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.
L Davis
Director
Approved by the board on 20 May 2025
LWD Subsea Engineering Ltd
Notes to the Accounts
for the period from 23 March 2024 to 31 March 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).
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
Number
Average number of persons employed by the company 0
3 Creditors: amounts falling due after one year 2025
£
Other creditors 1,021
4 Other information
LWD Subsea Engineering Ltd is a private company limited by shares and incorporated in England. Its registered office is:
11 Walton Road
Southend-on-Sea
Essex
SS1 3BQ
LWD Subsea Engineering Ltd 15588402 false 2024-03-23 2025-03-31 2025-03-31 VT Final Accounts April 2025 L Davis No description of principal activity 15588402 2024-03-23 2025-03-31 15588402 bus:PrivateLimitedCompanyLtd 2024-03-23 2025-03-31 15588402 bus:AuditExemptWithAccountantsReport 2024-03-23 2025-03-31 15588402 bus:Director40 2024-03-23 2025-03-31 15588402 2 2024-03-23 2025-03-31 15588402 countries:England 2024-03-23 2025-03-31 15588402 bus:FRS102 2024-03-23 2025-03-31 15588402 bus:FilletedAccounts 2024-03-23 2025-03-31 15588402 2025-03-31 15588402 core:AfterOneYear 2025-03-31 15588402 core:ShareCapital 2025-03-31 15588402 core:RetainedEarningsAccumulatedLosses 2025-03-31 15588402 2024-03-22 iso4217:GBP xbrli:pure