REGISTERED NUMBER:
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REPORT OF THE DIRECTORS AND |
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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2016 |
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LAWRENCE CONTAINER HIRE LIMITED |
REGISTERED NUMBER:
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REPORT OF THE DIRECTORS AND |
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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2016 |
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FOR |
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LAWRENCE CONTAINER HIRE LIMITED |
LAWRENCE CONTAINER HIRE LIMITED (REGISTERED NUMBER: 02586004) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2016 |
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Company Information | 1 |
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Report of the Directors | 2 |
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Profit and Loss Account | 3 |
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Balance Sheet | 4 |
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Notes to the Financial Statements | 5 |
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LAWRENCE CONTAINER HIRE LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2016 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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LAWRENCE CONTAINER HIRE LIMITED (REGISTERED NUMBER: 02586004) |
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REPORT OF THE DIRECTORS |
FOR THE YEAR ENDED 30 APRIL 2016 |
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The directors present their report with the financial statements of the company for the year ended 30 April 2016. |
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DIRECTORS |
The directors shown below have held office during the whole of the period from 1 May 2015 to the date of this report. |
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This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small |
companies. |
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ON BEHALF OF THE BOARD: |
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LAWRENCE CONTAINER HIRE LIMITED (REGISTERED NUMBER: 02586004) |
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PROFIT AND LOSS ACCOUNT |
FOR THE YEAR ENDED 30 APRIL 2016 |
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2016 | 2015 |
Notes | £ | £ |
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TURNOVER |
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Cost of sales |
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GROSS PROFIT |
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Administrative expenses |
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OPERATING PROFIT | 2 |
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Interest receivable and similar income |
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PROFIT ON ORDINARY ACTIVITIES BEFORE
TAXATION |
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Tax on profit on ordinary activities | 3 |
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PROFIT FOR THE FINANCIAL YEAR |
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LAWRENCE CONTAINER HIRE LIMITED (REGISTERED NUMBER: 02586004) |
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BALANCE SHEET |
30 APRIL 2016 |
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2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
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CURRENT ASSETS |
Debtors | 6 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 8 |
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Profit and loss account | 9 |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
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preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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The financial statements were approved by the Board of Directors on
by: |
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LAWRENCE CONTAINER HIRE LIMITED (REGISTERED NUMBER: 02586004) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2016 |
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1. | ACCOUNTING POLICIES |
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Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
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Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Hire stock |
No depreciation has been charged on hire stock due to its continually revolving nature. |
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2. | OPERATING PROFIT |
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The operating profit is stated after charging: |
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2016 | 2015 |
£ | £ |
Depreciation - owned assets |
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Directors' remuneration and other benefits etc |
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3. | TAXATION |
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Analysis of the tax charge |
The tax charge on the profit on ordinary activities for the year was as follows: |
2016 | 2015 |
£ | £ |
Current tax: |
UK corporation tax |
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Tax on profit on ordinary activities |
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4. | DIVIDENDS |
2016 | 2015 |
£ | £ |
Final | 200,000 | 100,000 |
LAWRENCE CONTAINER HIRE LIMITED (REGISTERED NUMBER: 02586004) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2016 |
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5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
At 1 May 2015 |
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Additions |
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Disposals | ( |
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At 30 April 2016 |
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DEPRECIATION |
At 1 May 2015 |
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Charge for year |
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At 30 April 2016 |
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NET BOOK VALUE |
At 30 April 2016 |
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At 30 April 2015 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Trade debtors | 95,070 | 85,386 |
Other debtors | 4,367 | - |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Trade creditors |
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Taxation and social security |
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Other creditors |
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8. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
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Ordinary | £1 |
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9. | RESERVES |
Profit |
and loss |
account |
£ |
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At 1 May 2015 |
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Profit for the year |
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Dividends | ( |
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At 30 April 2016 |
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LAWRENCE CONTAINER HIRE LIMITED (REGISTERED NUMBER: 02586004) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2016 |
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10. | RELATED PARTY DISCLOSURES |
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Lawrence Containers |
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A business in which the company's directors are partners. |
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Goods and services at a value of £375,749 (2015 - £350,263) were purchased during the year. Sales at a value |
of £321,589 (2015 - £246,236) were made during the year. Management charges of £18,027 (2015 - £16,679) |
were paid during the year. Costs of £26,000 (2015 : Nil) were recharged to the partnership during the year. |
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2016 | 2015 |
£ | £ |
Amount due from/(to) related party at the balance sheet date |
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( |
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