03328984falsethe hire of plant and machinery, contracting work and now property development2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03328984
G Lund Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
G Lund Limited
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet2
Notes To The Accounts3
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
G Lund Limited
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets31,110,4761,216,481
CURRENT ASSETS
Stock7,00012,000
Debtors5118,258277,115
125,258289,115
CREDITORS: Amounts falling due within one year6303,569352,338
NET CURRENT LIABILITIES(178,311)(63,223)
TOTAL ASSETS LESS CURRENT LIABILITIES932,1651,153,258
CREDITORS: Amounts falling due after more than one year7178,688243,301
PROVISIONS FOR LIABILITIES AND CHARGES8274,714278,953
NET ASSETS478,763631,004
CAPITAL AND RESERVES
Called up share capital9100,000100,000
Profit and loss account378,763531,004
SHAREHOLDERS' FUNDS478,763631,004
For the year ending 31/03/2025 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 27/11/2025 and signed on their behalf by
.............................
Mr G Lund
Director
G Lund Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
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. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery %
Commercial Vehicles %
Equipment %
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees1515
G Lund Limited
3. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/04/20241,999,1421,999,142
Additions145,242145,242
Disposals(130,000)(130,000)
At 31/03/20252,014,3842,014,384
Depreciation
At 01/04/2024782,661782,661
Disposals(41,854)(41,854)
For the year163,101163,101
At 31/03/2025903,908903,908
Net Book Amounts
At 31/03/20251,110,4761,110,476
At 31/03/20241,216,4811,216,481
4. STOCK 20252024
££
Stock comprises:
Work in progress7,00012,000
7,00012,000
5. DEBTORS 20252024
££
Amounts falling due within one year:
Trade debtors113,754184,805
VAT-1,669
Other debtors4,50490,641
118,258277,115
G Lund Limited
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Bank loans and overdrafts48,72848,978
Trade creditors119,14072,348
Taxation and social security27,1789,105
Other creditors108,523221,907
303,569352,338
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans and overdrafts53,86268,115
Other creditors124,826175,186
178,688243,301
Included in other creditors are:
Obligations under hire purchase119,826135,056
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation274,714278,953
274,714278,953
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100000 Ordinary shares of £1 each100000100000
100,000100,000