IRIS Accounts Production v25.1.4.42 15199776 Board of Directors 10.10.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh151997762023-10-09151997762024-10-31151997762023-10-102024-10-31151997762023-10-0915199776ns15:EnglandWales2023-10-102024-10-3115199776ns14:PoundSterling2023-10-102024-10-3115199776ns10:Director12023-10-102024-10-3115199776ns10:PrivateLimitedCompanyLtd2023-10-102024-10-3115199776ns10:SmallEntities2023-10-102024-10-3115199776ns10:AuditExempt-NoAccountantsReport2023-10-102024-10-3115199776ns10:SmallCompaniesRegimeForDirectorsReport2023-10-102024-10-3115199776ns10:SmallCompaniesRegimeForAccounts2023-10-102024-10-3115199776ns10:FullAccounts2023-10-102024-10-3115199776ns5:CurrentFinancialInstruments2024-10-3115199776ns5:ShareCapital2024-10-3115199776ns5:RetainedEarningsAccumulatedLosses2024-10-3115199776ns10:RegisteredOffice2023-10-102024-10-3115199776ns5:AdditionsToInvestments2024-10-3115199776ns5:CostValuation2024-10-31151997761ns10:Director12023-10-09151997761ns10:Director12023-10-102024-10-31151997761ns10:Director12024-10-31
REGISTERED NUMBER: 15199776 (England and Wales)

















L&D LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

10 OCTOBER 2023 TO 31 OCTOBER 2024






L&D LIMITED (REGISTERED NUMBER: 15199776)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 OCTOBER 2023 TO 31 OCTOBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


L&D LIMITED (REGISTERED NUMBER: 15199776)

BALANCE SHEET
31 OCTOBER 2024

Notes £    £   
FIXED ASSETS
Investments 4 58

CURRENT ASSETS
Debtors 5 45,364
Cash at bank and in hand 9
45,373
CREDITORS
Amounts falling due within one year 6 46,507
NET CURRENT LIABILITIES (1,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,076

)

CAPITAL AND RESERVES
Called up share capital 4
Retained earnings (1,080 )
(1,076 )

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

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

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2025 and were signed on its behalf by:





L S Caudle - Director


L&D LIMITED (REGISTERED NUMBER: 15199776)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 OCTOBER 2023 TO 31 OCTOBER 2024

1. STATUTORY INFORMATION

L&D Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 15199776

Registered office: Broad House
1 The Broadway
Hatfield
AL9 5BG

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.

Going concern
The financial statements have been prepared on a going concern basis as the directors confirm their continued financial support for the company..

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenue and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account,

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


L&D LIMITED (REGISTERED NUMBER: 15199776)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 OCTOBER 2023 TO 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued
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 period 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 period was 2 .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 58
At 31 October 2024 58
NET BOOK VALUE
At 31 October 2024 58

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 45,364

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 46,507

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 October 2024:

£   
L S Caudle
Balance outstanding at start of period -
Amounts repaid (10,000 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (10,000 )

L&D LIMITED (REGISTERED NUMBER: 15199776)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 OCTOBER 2023 TO 31 OCTOBER 2024

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company had a balance of £45,364 due from Bockings Developments Limited, a subsidiary of the company.

At the balance sheet date, the company had amounts of £35,427 due to companies the directors have interests in.