IRIS Accounts Production v25.1.3.33 12242122 director 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122421222023-10-31122421222024-10-31122421222023-11-012024-10-31122421222022-10-31122421222022-11-012023-10-31122421222023-10-3112242122ns15:EnglandWales2023-11-012024-10-3112242122ns14:PoundSterling2023-11-012024-10-3112242122ns10:Director12023-11-012024-10-3112242122ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3112242122ns10:SmallEntities2023-11-012024-10-3112242122ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3112242122ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3112242122ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3112242122ns10:FullAccounts2023-11-012024-10-3112242122ns10:RegisteredOffice2023-11-012024-10-3112242122ns5:CurrentFinancialInstruments2024-10-3112242122ns5:CurrentFinancialInstruments2023-10-3112242122ns5:Non-currentFinancialInstruments2024-10-3112242122ns5:Non-currentFinancialInstruments2023-10-3112242122ns5:ShareCapital2024-10-3112242122ns5:ShareCapital2023-10-3112242122ns5:RetainedEarningsAccumulatedLosses2024-10-3112242122ns5:RetainedEarningsAccumulatedLosses2023-10-3112242122ns5:MotorVehicles2023-11-012024-10-3112242122ns5:ComputerEquipment2023-11-012024-10-3112242122ns5:MotorVehicles2023-10-3112242122ns5:ComputerEquipment2023-10-3112242122ns5:MotorVehicles2024-10-3112242122ns5:ComputerEquipment2024-10-3112242122ns5:MotorVehicles2023-10-3112242122ns5:ComputerEquipment2023-10-3112242122ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3112242122ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 12242122 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

LUCAS ELECTRICAL AND TESTING LTD

LUCAS ELECTRICAL AND TESTING LTD (REGISTERED NUMBER: 12242122)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

LUCAS ELECTRICAL AND TESTING LTD

COMPANY INFORMATION
for the Year Ended 31st October 2024







DIRECTOR: Mr R Grigaitis





REGISTERED OFFICE: 11 Hayfell Avenue
Morecambe
Lancashire
LA4 4TS





REGISTERED NUMBER: 12242122 (England and Wales)





ACCOUNTANTS: Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH

LUCAS ELECTRICAL AND TESTING LTD (REGISTERED NUMBER: 12242122)

BALANCE SHEET
31st October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,520 220

CURRENT ASSETS
Debtors 5 3,662 2,789
Cash at bank 258 1,630
3,920 4,419
CREDITORS
Amounts falling due within one year 6 2,391 2,215
NET CURRENT ASSETS 1,529 2,204
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,049

2,424

CREDITORS
Amounts falling due after more than one year 7 645 1,904
NET ASSETS 3,404 520

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,304 420
SHAREHOLDERS' FUNDS 3,404 520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LUCAS ELECTRICAL AND TESTING LTD (REGISTERED NUMBER: 12242122)

BALANCE SHEET - continued
31st October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11th June 2025 and were signed by:





Mr R Grigaitis - Director


LUCAS ELECTRICAL AND TESTING LTD (REGISTERED NUMBER: 12242122)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

Lucas Electrical and Testing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LUCAS ELECTRICAL AND TESTING LTD (REGISTERED NUMBER: 12242122)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st November 2023 - 757 757
Additions 2,450 - 2,450
At 31st October 2024 2,450 757 3,207
DEPRECIATION
At 1st November 2023 - 537 537
Charge for year 77 73 150
At 31st October 2024 77 610 687
NET BOOK VALUE
At 31st October 2024 2,373 147 2,520
At 31st October 2023 - 220 220

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 259 211
Other debtors 3,403 2,578
3,662 2,789

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,152 960
Taxation and social security 489 605
Other creditors 750 650
2,391 2,215

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 645 1,904

LUCAS ELECTRICAL AND TESTING LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
LUCAS ELECTRICAL AND TESTING LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st October 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.






Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH


11th June 2025