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Company Registration No. 13091059 (England and Wales)
In & Out Lifts Ltd Unaudited accounts for the year ended 31 December 2024
In & Out Lifts Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
In & Out Lifts Ltd Company Information for the year ended 31 December 2024
Director
Mr Arron Murphy
Company Number
13091059 (England and Wales)
Registered Office
C/O: Blue Sky Accountants Limited, Innovation Centre Medway, Maidstone Road Chatham Kent ME5 9FD United Kingdom
Accountants
Blue Sky Accountants Limited Innovation Centre Medway Maidstone Road Chatham Kent ME5 9FD
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In & Out Lifts Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
61,202 
81,602 
Current assets
Debtors
5
10,000 
52,685 
Cash at bank and in hand
13,330 
10,667 
23,330 
63,352 
Creditors: amounts falling due within one year
6
(8,476)
(8,497)
Net current assets
14,854 
54,855 
Net assets
76,056 
136,457 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
75,956 
136,357 
Shareholders' funds
76,056 
136,457 
For the year 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 30 September 2025 and were signed on its behalf by
Mr Arron Murphy Director Company Registration No. 13091059
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In & Out Lifts Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
In & Out Lifts Ltd is a private company, limited by shares, registered in England and Wales, registration number 13091059. The registered office is C/O: Blue Sky Accountants Limited,, Innovation Centre Medway, Maidstone Road, Chatham, Kent, ME5 9FD, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% Straight Line Method
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
92,026 
At 31 December 2024
92,026 
Depreciation
At 1 January 2024
10,424 
Charge for the year
20,400 
At 31 December 2024
30,824 
Net book value
At 31 December 2024
61,202 
At 31 December 2023
81,602 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,000 
10,000 
Other debtors
- 
42,685 
10,000 
52,685 
- 5 -
In & Out Lifts Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(5,623)
- 
Taxes and social security
14,099 
7,082 
Other creditors
- 
1,415 
8,476 
8,497 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -