Company Registration No. 12706191 (England and Wales)
L10 Services Group Ltd
Unaudited accounts
for the year ended 31 October 2024
L10 Services Group Ltd
Unaudited accounts
Contents
L10 Services Group Ltd
Company Information
for the year ended 31 October 2024
Company Number
12706191 (England and Wales)
Registered Office
2 Maes Y Gwernen Drive
Cwmrhydyceirw
Swansea
West Glamorgan
SA6 6LN
Wales
Accountants
RGS Accountants Limited
5 Commercial Street
Ystradgynlais
Swansea
SA9 1HD
L10 Services Group Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
194,611
91,165
Cash at bank and in hand
12,180
1,679
Creditors: amounts falling due within one year
(221,566)
(133,679)
Net current liabilities
(187,186)
(124,800)
Net assets/(liabilities)
7,425
(33,635)
Called up share capital
1
1
Profit and loss account
7,424
(33,636)
Shareholders' funds
7,425
(33,635)
For the year ending 31 October 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 director acknowledges his 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
Thomas Landek
Director
Company Registration No. 12706191
L10 Services Group Ltd
Notes to the Accounts
for the year ended 31 October 2024
L10 Services Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12706191. The registered office is 2 Maes Y Gwernen Drive, Cwmrhydyceirw, Swansea, West Glamorgan, SA6 6LN, Wales.
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
Reducing Balance - 33%
Computer equipment
Straight Line Method - 3 Years
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
187,287
832
188,119
Additions
290,470
-
290,470
Disposals
(187,287)
-
(187,287)
At 31 October 2024
290,470
832
291,302
At 1 November 2023
96,126
828
96,954
Charge for the year
95,859
4
95,863
On disposals
(96,126)
-
(96,126)
At 31 October 2024
95,859
832
96,691
At 31 October 2024
194,611
-
194,611
At 31 October 2023
91,161
4
91,165
L10 Services Group Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due after more than one year
Other debtors
22,200
7,200
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
58,844
Other creditors
221,566
74,000
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).