Lancaster Rubber and Industrial Supplies Limited
Lancaster Rubber and Industrial Supplies Limited
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—6 |
2020 | 2019 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 3 |
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CURRENT ASSETS | |||||
Stocks |
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Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 6 |
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PROVISIONS FOR LIABILITIES | |||||
Deferred Taxation |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 373,089 | 346,430 | |||
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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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
Director
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Plant & Machinery |
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Motor Vehicles |
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Office and administration |
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Sales, marketing and distribution |
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Plant & Machinery | Motor Vehicles | Total | |
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£ | £ | £ | |
Cost | |||
As at
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Additions |
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As at
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Depreciation | |||
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Provided during the period |
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As at
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Net Book Value | |||
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As at
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2020 | 2019 | ||
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Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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Loan - Luneside Properties Ltd |
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Loan - Lancaster Rubber Properties Ltd |
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Loan - A & A Hydraulics (North West) Ltd |
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Loan - Mr A Eccles |
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VAT |
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Directors' loan accounts | - |
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2020 | 2019 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
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Trade creditors |
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Corporation tax |
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Other taxes and social security |
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VAT | - |
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Accruals and deferred income |
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Directors' loan accounts |
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2020 | 2019 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
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2020 | 2019 | ||
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£ | £ | ||
Net obligations under finance lease and hire purchase contracts | 86,433 | 101,361 |
As at
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Amounts advanced | Amounts repaid | Amounts written off | As at
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£ | £ | £ | £ | £ | |
Mr Andrew Eccles |
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A & A Hydraulics (North West) Ltd
Director and shareholder, Andrew Eccles, is also a Director and shareholder of the above Company. The Company loaned monies to A & A Hydraulics (North West) Ltd totalling £16,000 (2019 - £16,000). This amount was outstanding at 31st March 2020 and was the maximum amount outstanding during the year. This loan is interest free and repayable on demand.
Lancaster Rubber Properties Ltd
Director and shareholder, Andrew Eccles, is also a Director and shareholder of the above Company. The Company loaned monies to Lancaster Rubber Properties Ltd totalling £104,108 (2018 - £122,278). This amount was outstanding at 31st March 2020 and was the maximum amount outstanding during the year. This loan is interest free and repayable on demand.
Luneside Properties Ltd
Director and shareholder, Andrew Eccles, is also a Director and shareholder of the above Company. This Company has loaned monies to Luneside Properties Ltd totalling £32,500 (2019 - £32,500). This amount was outstanding at 31st March 2020, The maximum outstanding during the year was £32,500. This loan is interest free and repayable on demand.