Company Registration No. 05607389 (England and Wales)
Liddlemill Ltd
Unaudited accounts
for the year ended 31 March 2023
Liddlemill Ltd
Unaudited accounts
Contents
Liddlemill Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
7,231
2,341
Cash at bank and in hand
(298)
399
Creditors: amounts falling due within one year
(18,062)
(3,477)
Net current (liabilities)/assets
(7,301)
8,435
Total assets less current liabilities
(70)
10,776
Creditors: amounts falling due after more than one year
(7,505)
(10,583)
Net (liabilities)/assets
(7,575)
193
Called up share capital
2
2
Profit and loss account
(7,577)
191
Shareholders' funds
(7,575)
193
For the year ending 31 March 2023 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 30 December 2023 and were signed on its behalf by
Kevin Williams
Director
Company Registration No. 05607389
Liddlemill Ltd
Notes to the Accounts
for the year ended 31 March 2023
Liddlemill Ltd is a private company, limited by shares, registered in England and Wales, registration number 05607389. The registered office is The Hunter House, 1 Hunter Street, Carnforth, Lancashire, LA5 9BP.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
5,713
6,100
2,420
14,233
Disposals
-
(6,100)
-
(6,100)
At 31 March 2023
5,713
8,250
2,420
16,383
At 1 April 2022
4,323
5,369
2,200
11,892
Charge for the year
347
2,062
220
2,629
On disposals
-
(5,369)
-
(5,369)
At 31 March 2023
4,670
2,062
2,420
9,152
At 31 March 2023
1,043
6,188
-
7,231
At 31 March 2022
1,390
731
220
2,341
Liddlemill Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
11,059
11,513
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,921
2,939
Loans from directors
13,526
(1,709)
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan account
1,709
-
1,709
-
9
Transactions with related parties
Included in other creditors is an amount of £13,526 owed to Mr K Williams the director of the company.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).