Company Registration No. 09593424 (England and Wales)
LEM Carpentry Limited
Unaudited accounts
for the year ended 31 March 2025
LEM Carpentry Limited
Unaudited accounts
Contents
LEM Carpentry Limited
Company Information
for the year ended 31 March 2025
Directors
Lloyd Mitchell
Julie Mitchell
Company Number
09593424 (England and Wales)
Registered Office
3 Treglenwith Road
Camborne
Cornwall
TR14 7JA
Accountants
R M Accountancy Services Ltd
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
LEM Carpentry Limited
Statement of financial position
as at 31 March 2025
Tangible assets
3,626
4,532
Cash at bank and in hand
55,096
164,843
Creditors: amounts falling due within one year
(17,687)
(61,195)
Net current assets
188,925
210,417
Net assets
192,551
214,949
Called up share capital
1
1
Profit and loss account
192,550
214,948
Shareholders' funds
192,551
214,949
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 15 December 2025 and were signed on its behalf by
Lloyd Mitchell
Director
Company Registration No. 09593424
LEM Carpentry Limited
Notes to the Accounts
for the year ended 31 March 2025
LEM Carpentry Limited is a private company, limited by shares, registered in England and Wales, registration number 09593424. The registered office is 3 Treglenwith Road, Camborne, Cornwall, TR14 7JA.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% Reducing balance
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The accounts are presented in £ sterling.
LEM Carpentry Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Trade debtors
9,576
23,835
Other debtors
138,453
81,605
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
1,433
Taxes and social security
17,687
53,793
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).