Company Registration No. 11978712 (England and Wales)
Colin Lunt Ltd
Unaudited accounts
for the year ended 31 May 2022
Colin Lunt Ltd
Unaudited accounts
Contents
Colin Lunt Ltd
Company Information
for the year ended 31 May 2022
Directors
Emma Louise Regan
Mathew Ian Peers
Company Number
11978712 (England and Wales)
Registered Office
OLD CROFT BARNACRE LANE
SAUGHALL MASSIE
WIRRAL
CH46 5NJ
ENGLAND
Accountants
Joanne Nock
Accountability
45, Market Street
Hoylake
Wirral
CH47 2BQ
Colin Lunt Ltd
Statement of financial position
as at
31 May 2022
Tangible assets
11,971
14,170
Cash at bank and in hand
2,340
26,249
Creditors: amounts falling due within one year
(37,763)
(21,900)
Net current (liabilities)/assets
(27,618)
5,131
Net (liabilities)/assets
(15,647)
19,301
Called up share capital
100
100
Profit and loss account
(15,747)
19,201
Shareholders' funds
(15,647)
19,301
For the year ending 31 May 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 21 February 2023 and were signed on its behalf by
Emma Louise Regan
Director
Company Registration No. 11978712
Colin Lunt Ltd
Notes to the Accounts
for the year ended 31 May 2022
Colin Lunt Ltd is a private company, limited by shares, registered in England and Wales, registration number 11978712. The registered office is OLD CROFT BARNACRE LANE, SAUGHALL MASSIE, WIRRAL, CH46 5NJ, ENGLAND.
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.
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% on reducing balance basis
Computer equipment
20% on reducing balance basis
4
Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2021
1,000
13,800
2,845
17,645
At 31 May 2022
1,000
13,800
3,389
18,189
At 1 June 2021
-
2,760
715
3,475
Charge for the year
-
2,208
535
2,743
At 31 May 2022
-
4,968
1,250
6,218
At 31 May 2022
1,000
8,832
2,139
11,971
At 31 May 2021
1,000
11,040
2,130
14,170
Amounts falling due within one year
Accrued income and prepayments
5,686
-
Colin Lunt Ltd
Notes to the Accounts
for the year ended 31 May 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
8,248
-
Loans from directors
28,274
21,900
7
Average number of employees
During the year the average number of employees was 10 (2021: 10).