Lyndon Brownley (PBT) Limited,Ltd - AccountsLtd - Accounts

Lyndon Brownley (PBT) Limited,Ltd - AccountsLtd - Accounts


2018-04-01 05329516 2019-03-31 05329516 2018-04-01 2019-03-31 05329516 2018-03-31 05329516 2017-04-01 2018-03-31 05329516 uk-core:WithinOneYear 2018-03-31 05329516 uk-core:WithinOneYear 2019-03-31 05329516 uk-core:AfterOneYear 2018-03-31 05329516 uk-core:AfterOneYear 2019-03-31 05329516 uk-core:ShareCapital 2019-03-31 05329516 uk-core:ShareCapital 2018-03-31 05329516 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 05329516 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 05329516 uk-bus:Director1 2018-04-01 2019-03-31 05329516 uk-core:Buildings 2018-04-01 2019-03-31 05329516 uk-core:PlantMachinery 2018-04-01 2019-03-31 05329516 uk-core:ToolsEquipment 2018-04-01 2019-03-31 05329516 uk-core:CommercialMotorVehicles 2018-04-01 2019-03-31 05329516 uk-core:ToolsEquipment 2018-03-31 05329516 uk-core:CommercialMotorVehicles 2018-03-31 05329516 uk-core:PlantMachinery 2018-03-31 05329516 uk-core:Buildings 2018-03-31 05329516 uk-core:PlantMachinery 2019-03-31 05329516 uk-core:CommercialMotorVehicles 2019-03-31 05329516 uk-core:ToolsEquipment 2019-03-31 05329516 uk-core:Buildings 2019-03-31 iso4217:GBP 05329516 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 05329516 uk-bus:FRS102 2018-04-01 2019-03-31 05329516 uk-bus:FullAccounts 2018-04-01 2019-03-31 05329516 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
Lyndon Brownley (PBT) Limited
Registered Number:05329516
For the year ended 31 March 2019
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 31 March 2019
Lyndon Brownley (PBT) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2019
Lyndon Brownley (PBT) Limited
Statement of Financial Position
Registered Number :
05329516
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
253,475
233,901
2
253,475
233,901
Current assets
Trade and other receivables
17,423
33,301
3
542,277
Cash and cash equivalents
445,194
478,495
559,700
Trade and other payables: amounts falling due within one
year
(18,439)
(2,402)
4
541,261
476,093
Net current assets
Total assets less current liabilities
729,568
775,162
Trade and other payables: amounts falling due after more
than one year
-
(11,992)
5
717,576
Net assets
775,162
Capital and reserves
Called up share capital
100
100
Retained earnings
717,476
775,062
717,576
775,162
Shareholders' funds
For the year ended 31 March 2019 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 2019 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.
L R Brownley Director
These financial statements were approved and authorised for issue by the Board on 20 December 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2019
Lyndon Brownley (PBT) Limited
Notes to the Financial Statements
Statutory Information
Lyndon Brownley (PBT) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05329516.
Principal place of business:
36 Ropergate
Pontefract
West Yorkshire
WF8 1LY
Registered address:
36 Ropergate
Pontefract
West Yorkshire
WF8 1LY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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:
Land and buildings
0% Straight line
Plant and machinery
25% Reducing balance
33% Straight line
Computer equipment
25% Reducing balance
Motor vehicles
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
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 3
5
For the year ended 31 March 2019
Lyndon Brownley (PBT) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 April 2018
313,647
8,855
-
90,403
214,389
24,240
-
21,990
2,250
-
Additions
At 31 March 2019
92,653
21,990
8,855
337,887
214,389
Provision for depreciation and impairment
At 01 April 2018
79,746
6,924
-
72,822
-
Charge for year
4,666
637
1,055
2,974
-
At 31 March 2019
84,412
7,561
1,055
75,796
-
At 31 March 2019
Net book value
214,389
16,857
20,935
1,294
253,475
At 31 March 2018
214,389
17,581
-
1,931
233,901
3. Trade and other receivables
2018
2019
£
£
Other debtors
33,301
17,423
4. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Taxation and social security
871
17,014
Other creditors
1,531
1,425
2,402
18,439
5. Trade and other payables: amounts falling due after more than one year
2018
2019
£
£
Other creditors
11,992
-
3 of 3