L. S LASER CUTTING LTD

L. S LASER CUTTING LTD

L. S LASER CUTTING LTD - Company Information

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L. S LASER CUTTING LTD

Company Registration Number:
07595754 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2020

Period of accounts

Start date: 01 May 2019

End date: 30 April 2020

L. S LASER CUTTING LTD

Contents of the Financial Statements

for the Period Ended 30 April 2020

Balance sheet
Notes

L. S LASER CUTTING LTD

Balance sheet

As at 30 April 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 584,819 725,085
Total fixed assets: 584,819 725,085
Current assets
Debtors:   160,367 304,877
Cash at bank and in hand: 512,499 499,861
Total current assets: 672,866 804,738
Creditors: amounts falling due within one year: 4 (256,468) (537,869)
Net current assets (liabilities): 416,398 266,869
Total assets less current liabilities: 1,001,217 991,954
Creditors: amounts falling due after more than one year: 5 (275,453) (319,169)
Total net assets (liabilities): 725,764 672,785
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 725,664 672,685
Shareholders funds: 725,764 672,785

The notes form part of these financial statements

L. S LASER CUTTING LTD

Balance sheet statements

For the year ending 30 April 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 January 2021
and signed on behalf of the board by:

Name: M Sargeant
Status: Director

The notes form part of these financial statements

L. S LASER CUTTING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

L. S LASER CUTTING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

2. Employees

2020 2019
Average number of employees during the period 13 12

L. S LASER CUTTING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

3. Tangible Assets

Total
Cost £
At 01 May 2019 946,609
Additions 13,675
Disposals (62,061)
At 30 April 2020 898,223
Depreciation
At 01 May 2019 221,524
Charge for year 91,880
At 30 April 2020 313,404
Net book value
At 30 April 2020 584,819
At 30 April 2019 725,085

L. S LASER CUTTING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

4. Creditors: amounts falling due within one year note

Trade Creditors, Taxes and other social security and directors loan are included

L. S LASER CUTTING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

5. Creditors: amounts falling due after more than one year note

Bank Loans