Company Registration No. 13040537 (England and Wales)
LPM Truck Parts Limited
Unaudited accounts
for the year ended 31 March 2025
LPM Truck Parts Limited
Unaudited accounts
Contents
LPM Truck Parts Limited
Company Information
for the year ended 31 March 2025
Company Number
13040537 (England and Wales)
Registered Office
77 Hereford Way
Boroughbridge
YO51 9PA
Accountants
JB Norfolk & Co
1A Sykes Grove
Harrogate
North Yorkshire
HG1 2DB
LPM Truck Parts Limited
Statement of financial position
as at 31 March 2025
Tangible assets
67,678
62,372
Inventories
115,144
99,476
Cash at bank and in hand
410,906
379,118
Creditors: amounts falling due within one year
(468,137)
(502,013)
Net current assets
562,771
352,750
Total assets less current liabilities
630,449
415,122
Creditors: amounts falling due after more than one year
(6,364)
(18,162)
Provisions for liabilities
Net assets
624,085
387,492
Called up share capital
3
3
Profit and loss account
624,082
387,489
Shareholders' funds
624,085
387,492
For the year ending 31 March 2025 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 18 November 2025 and were signed on its behalf by
Mr Tom Leighton
Director
Company Registration No. 13040537
LPM Truck Parts Limited
Notes to the Accounts
for the year ended 31 March 2025
LPM Truck Parts Limited is a private company, limited by shares, registered in England and Wales, registration number 13040537. The registered office is 77 Hereford Way , Boroughbridge, YO51 9PA.
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
2,830
96,384
9,520
5,961
114,695
Additions
7,167
12,745
1,971
7,782
29,665
Disposals
-
(1,265)
-
-
(1,265)
At 31 March 2025
9,997
107,864
11,491
13,743
143,095
At 1 April 2024
1,083
43,265
4,389
3,586
52,323
Charge for the year
1,783
16,150
1,776
3,385
23,094
At 31 March 2025
2,866
59,415
6,165
6,971
75,417
At 31 March 2025
7,131
48,449
5,326
6,772
67,678
At 31 March 2024
1,747
53,119
5,131
2,375
62,372
LPM Truck Parts Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
464,996
370,287
Deferred tax asset
1,697
-
Accrued income and prepayments
8,165
5,882
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
697
3,404
Trade creditors
214,099
222,841
Taxes and social security
112,365
107,014
Other creditors
46,164
63,231
Loans from directors
9,981
45,673
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
6,364
18,162
8
Transactions with related parties
At 31/03/2025 the company was owed £30,000 from a loan to a related company.
9
Average number of employees
During the year the average number of employees was 13 (2024: 10).