Company Registration No. 08756959 (England and Wales)
Lowmoor Carbreakers Limited
Unaudited accounts
for the year ended 29 December 2024
Lowmoor Carbreakers Limited
Unaudited accounts
Contents
Lowmoor Carbreakers Limited
Company Information
for the year ended 29 December 2024
Directors
G D Holmes
P N Holmes
Company Number
08756959 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
DEVON
EX17 3AH
UK
Accountants
H W Martin & Co LLP
Lloyds Bank Chambers
High Street
Crediton
Devon
EX17 3AH
Lowmoor Carbreakers Limited
Statement of financial position
as at 29 December 2024
Tangible assets
10,477
13,096
Inventories
131,250
115,750
Cash at bank and in hand
63,874
125,916
Creditors: amounts falling due within one year
(190,267)
(208,921)
Net current assets
16,058
45,449
Total assets less current liabilities
26,535
58,545
Creditors: amounts falling due after more than one year
(14,841)
(24,382)
Called up share capital
2
2
Profit and loss account
11,692
34,161
Shareholders' funds
11,694
34,163
For the year ending 29 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 directors acknowledge their 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 of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
P N Holmes
Director
Company Registration No. 08756959
Lowmoor Carbreakers Limited
Notes to the Accounts
for the year ended 29 December 2024
Lowmoor Carbreakers Limited is a private company, limited by shares, registered in England and Wales, registration number 08756959. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH, UK.
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:
Plant & machinery
20% reducing balance basis
Motor vehicles
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 30 December 2023
49,837
18,789
68,626
At 29 December 2024
49,837
18,789
68,626
At 30 December 2023
43,306
12,224
55,530
Charge for the year
1,306
1,313
2,619
At 29 December 2024
44,612
13,537
58,149
At 29 December 2024
5,225
5,252
10,477
At 29 December 2023
6,531
6,565
13,096
Amounts falling due within one year
Other debtors
11,201
12,704
Lowmoor Carbreakers Limited
Notes to the Accounts
for the year ended 29 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,255
5,267
Taxes and social security
111,302
105,934
Other creditors
4,883
4,883
Loans from directors
69,827
92,837
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 8 (2023: 8).