Company Registration No. 15320007 (England and Wales)
LC Restorations Ltd
Unaudited accounts
for the period from 30 November 2023 to 31 December 2024
LC Restorations Ltd
Unaudited accounts
Contents
LC Restorations Ltd
Company Information
for the period from 30 November 2023 to 31 December 2024
Company Number
15320007 (England and Wales)
Registered Office
Unit 1-2 Egbeers Yard
Greenhill Way
Newton Abbot
TQ12 3SB
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
LC Restorations Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
18,075
Creditors: amounts falling due within one year
(40,024)
Called up share capital
10
Profit and loss account
17,751
Shareholders' funds
17,761
For the period ending 31 December 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 29 July 2025 and were signed on its behalf by
Mr Lee Potter
Director
Company Registration No. 15320007
LC Restorations Ltd
Notes to the Accounts
for the period from 30 November 2023 to 31 December 2024
LC Restorations Ltd is a private company, limited by shares, registered in England and Wales, registration number 15320007. The registered office is Unit 1-2 Egbeers Yard, Greenhill Way, Newton Abbot, TQ12 3SB.
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 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:
Computer equipment
25% Straight Line Basis
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
15,000
600
15,600
At 31 December 2024
15,000
600
15,600
Charge for the period
-
150
150
At 31 December 2024
-
150
150
At 31 December 2024
15,000
450
15,450
Amounts falling due within one year
LC Restorations Ltd
Notes to the Accounts
for the period from 30 November 2023 to 31 December 2024
6
Creditors: amounts falling due within one year
2024
Taxes and social security
4,204
Loans from directors
22,087
7
Average number of employees
During the period the average number of employees was 2.