REGISTERED NUMBER: 03367489 (England and Wales)

LORDSHIP COOKER CENTRE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

K P Roberts

L J Kettle

Registered office:

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Registered number:

03367489 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Tangible assets

4

22,864

12,726

Current assets

Stocks

14,500

14,500

Debtors

5

24,719

48,157

Cash at bank

5,368

7,389

44,587

70,046

Creditors

Amounts falling due within one year

6

82,516

105,226

Net current liabilities

(37,929

)

(35,180

)

Total assets less current liabilities

(15,065

)

(22,454

)

Creditors

Amounts falling due after more than one year

7

30,369

22,645

Net liabilities

(45,434

)

(45,099

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(45,534

)

(45,199

)

Shareholders' funds

(45,434

)

(45,099

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2025 and were signed on its behalf by:

K P Roberts - Director

1.	Statutory information

Lordship Cooker Centre 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.

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.

Plant and machinery etc

-

20% on reducing balance and 10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

The average number of employees during the year was 5 (2023 - 3 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 September 2023

24,797

Additions

15,594

At 31 August 2024

40,391

Depreciation

At 1 September 2023

12,071

Charge for year

5,456

At 31 August 2024

17,527

Net book value

At 31 August 2024

22,864

At 31 August 2023

12,726

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

24,719

48,157

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

6,000

6,000

Hire purchase contracts

4,365

2,801

Trade creditors

3,464

26,051

Taxation and social security

14,302

10,610

Other creditors

54,385

59,764

82,516

105,226

7.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans

7,000

13,000

Hire purchase contracts

23,369

9,645

30,369

22,645