REGISTERED NUMBER: 03273937 (England and Wales)

ALLAN LAMB ASSOCIATES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

A J Lamb

SECRETARY:

Mrs L S L Lamb

REGISTERED OFFICE:

Century House

3 Peters Lane

Scaldwell

Northamptonshire

NN6 9YZ

REGISTERED NUMBER:

03273937 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

4

20,027

25,447

CURRENT ASSETS

Debtors

5

402,643

110,760

Cash at bank

128,978

35,942

531,621

146,702

CREDITORS

Amounts falling due within one year

6

527,105

135,051

NET CURRENT ASSETS

4,516

11,651

TOTAL ASSETS LESS CURRENT LIABILITIES

24,543

37,098

CREDITORS

Amounts falling due after more than one year

7

(20,131

)

(23,913

)

PROVISIONS FOR LIABILITIES

(4,061

)

(4,835

)

NET ASSETS

351

8,350

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

347

8,346

SHAREHOLDERS' FUNDS

351

8,350

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2025 and were signed by:

A J Lamb - Director

1.	STATUTORY INFORMATION

Allan Lamb Associates Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

2,742

37,140

15,888

55,770

Additions

-

-

982

982

At 31 December 2024

2,742

37,140

16,870

56,752

DEPRECIATION

At 1 January 2024

2,350

12,767

15,206

30,323

Charge for year

98

6,093

211

6,402

At 31 December 2024

2,448

18,860

15,417

36,725

NET BOOK VALUE

At 31 December 2024

294

18,280

1,453

20,027

At 31 December 2023

392

24,373

682

25,447

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

159,643

32,432

Other debtors

595

2,295

Prepayments and accrued income

242,405

76,033

402,643

110,760

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

3,782

3,782

Trade creditors

162,543

23,547

Corporation tax

2,783

3,697

PAYE and NI contributions

1

(2

)

VAT

5,028

469

Other creditors

82,471

2,066

Directors' current accounts

2,689

11,750

Deferred income

210,328

89,459

Accrued expenses

57,480

283

527,105

135,051

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

20,131

23,913

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

4

Ordinary

£1

4

4