Lloyd Lundie Building Contractors Limited
|
Registered Number
:
06149167
|
For the year ended 31 March 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2020
Lloyd Lundie Building Contractors Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Lloyd Lundie Building Contractors Limited
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
15,455
11,417
2
15,455
11,417
25,288
13,997
3
Trade and other receivables
|
14,662
16,234
4
13,334
Cash and cash equivalents
|
12,782
43,013
53,284
Trade and other payables
:
amounts falling due within one year
|
(63,419)
(56,903)
5
(10,135)
(13,890)
Net current liabilities
Total assets less current liabilities
|
1,565
1,282
1,565
Net assets
1,282
2
2
1,563
1,280
1,565
1,282
Shareholders' funds
For the year ended 31 March 2020 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 of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 06 October 2020 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 March 2020
Lloyd Lundie Building Contractors Limited
Notes to the Financial Statements
Statutory Information
Lloyd Lundie Building Contractors Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
06149167
.
|
Principal place of business
:
|
Bluebell Hill
Mill Lane, Faversham Road
Challock, Ashford
Kent
TN25 4FA
3 Conqueror Court
Sittingbourne
Kent
ME10 5BH
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
102
'
The
|
Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The financial statements have
|
been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 31 March 2020
Lloyd Lundie Building Contractors Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
47,732
5,092
39,390
3,250
12,263
3,043
-
9,220
(2,880)
(25,958)
-
(28,838)
12,470
13,432
5,255
31,157
Provision for depreciation and impairment
|
36,315
2,750
32,752
813
Charge for year
5,153
1,177
1,062
2,914
(25,766)
(2,197)
(23,569)
-
15,702
1,730
10,245
3,727
8,743
3,187
3,525
15,455
2,437
6,638
2,342
11,417
2019
2020
13,997
25,288
4
.
Trade and other receivables
|
2019
2020
16,234
14,662
5
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
16,251
20,295
Taxation and social security
|
18,449
15,308
22,203
27,816
56,903
63,419
6
.
Average number of persons employed
|
During the year the average number of employees was 2 (2019 : 2)
3 of 4
For the year ended 31 March 2020
Lloyd Lundie Building Contractors Limited
Notes to the Financial Statements Continued
4 of 4