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Registered number: 11849937
LRAC Ltd
ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
Prepared By:
Andrews & O'Shea Limited
Optima House
Spindle Way
Crawley
West Sussex
RH101TT
LRAC Ltd
ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
DIRECTORS
Mr A M Cutler
REGISTERED OFFICE
Optima House
Mill Court
Crawley
West Sussex
RH10 1TT
COMPANY DETAILS
registered in , registered number 11849937
ACCOUNTANTS
Andrews & O'Shea Limited
Optima House
Spindle Way
Crawley
West Sussex
RH101TT
LRAC Ltd
ACCOUNTS
FOR THEYEARENDED28/02/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
LRAC Ltd
BALANCE SHEET AT 28/02/2025
20252024
Notes££
CURRENT ASSETS
Debtors31,95316,019
Cash at bank and in hand78211,066
2,73527,085
CREDITORS: Amounts falling due within one year417,81326,888
NET CURRENT (LIABILITIES) / ASSETS(15,078)197
TOTAL ASSETS LESS CURRENT LIABILITIES(15,078)197
CAPITAL AND RESERVES
Called up share capital511
Profit and loss account(15,079)195
SHAREHOLDERS' FUNDS(15,078)196
Difference on accounts-1
For the year ending 28/02/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 15/09/2025 and signed on their behalf by
.............................
Mr A M Cutler
Director
LRAC Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b.
2. EMPLOYEES
20252024
No.No.
Average number of employees11
3. DEBTORS 20252024
££
Amounts falling due within one year
UK corporation tax633-
Other debtors1,3201,987
Directors current account-14,032
1,95316,019
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax-701
VAT1,83110,514
Directors current account14,242-
Trade creditors-58
Other creditors-14,140
Accruals1,7401,475
17,81326,888
LRAC Ltd
5. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
11
6. RELATED PARTY TRANSACTIONS
Mr A M Cutler was owed as at 28 February 2025 (£14,242) the loan was interest free.