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Company Registration No. SC801857 (Scotland)
L3 Contracts Ltd Unaudited accounts for the year ended 31 March 2026
L3 Contracts Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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L3 Contracts Ltd Company Information for the year ended 31 March 2026
Director
Bobby Sutherland
Company Number
SC801857 (Scotland)
Registered Office
C/O Clarity Accounting 234 West George Street GLASGOW G2 4QY United Kingdom
Accountants
Clarity Accounting (Scotland) Ltd 234 West George Street Glasgow G2 4QY
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L3 Contracts Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
121,914
125,982
Current assets
Debtors
5
132,591
173,968
Cash at bank and in hand
82,928
2,202
215,519
176,170
Creditors: amounts falling due within one year
6
(252,860)
(274,181)
Net current liabilities
(37,341)
(98,011)
Net assets
84,573
27,971
Capital and reserves
Called up share capital
100
100
Profit and loss account
84,473
27,871
Shareholders' funds
84,573
27,971
For the year ending 31 March 2026 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 3 April 2026 and were signed on its behalf by
Bobby Sutherland Director Company Registration No. SC801857
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L3 Contracts Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
L3 Contracts Ltd is a private company, limited by shares, registered in Scotland, registration number SC801857. The registered office is C/O Clarity Accounting, 234 West George Street, GLASGOW, G2 4QY, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
33% Straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
129,096
753
1,777
131,626
Additions
27,266
-
1,648
28,914
At 31 March 2026
156,362
753
3,425
160,540
Depreciation
At 1 April 2025
5,379
43
222
5,644
Charge for the year
32,065
107
810
32,982
At 31 March 2026
37,444
150
1,032
38,626
Net book value
At 31 March 2026
118,918
603
2,393
121,914
At 31 March 2025
123,717
710
1,555
125,982
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L3 Contracts Ltd Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
3,572
13,156
Trade debtors
129,019
160,812
132,591
173,968
6
Creditors: amounts falling due within one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
25,828
-
Trade creditors
189,993
220,953
Taxes and social security
57,039
28,228
Loans from directors
(20,000)
25,000
252,860
274,181
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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