Company Registration No. 06474270 (England and Wales)
Lackland & Co. Limited
Filleted Accounts
for the year ended 31 May 2025
Lackland & Co. Limited
Filleted Accounts
Contents
Lackland & Co. Limited
Company Information
for the year ended 31 May 2025
Director
Andrew Sam Yeboah
Company Number
06474270 (England and Wales)
Registered Office
19 Newton Drive Cherry Willingham
Cherry Willingham
Lincoln
LN3 4GP
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Lackland & Co. Limited
Statement of financial position
as at 31 May 2025
Tangible assets
11,524
17,286
Cash at bank and in hand
(1,407)
649
Creditors: amounts falling due within one year
(9,469)
(12,177)
Net current liabilities
(11,041)
(11,528)
Called up share capital
1
1
Profit and loss account
482
5,757
Shareholders' funds
483
5,758
For the year ending 31 May 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 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 14 August 2025 and were signed on its behalf by
Andrew Sam Yeboah
Director
Company Registration No. 06474270
Lackland & Co. Limited
Notes to the Accounts
for the year ended 31 May 2025
Lackland & Co. Limited is a private company, limited by shares, registered in England and Wales, registration number 06474270. The registered office is 19 Newton Drive Cherry Willingham, Cherry Willingham, Lincoln, LN3 4GP.
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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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% straight line
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Lackland & Co. Limited
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
28,810
193
1,010
30,013
At 31 May 2025
28,810
193
1,010
30,013
At 1 June 2024
11,524
193
1,010
12,727
Charge for the year
5,762
-
-
5,762
At 31 May 2025
17,286
193
1,010
18,489
At 31 May 2025
11,524
-
-
11,524
At 31 May 2024
17,286
-
-
17,286
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
8,324
11,032
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).