Company Registration No. 08892876 (England and Wales)
Lune Powdercoating Limited
Unaudited accounts
for the year ended 28 February 2022
Lune Powdercoating Limited
Unaudited accounts
Contents
Lune Powdercoating Limited
Company Information
for the year ended 28 February 2022
Directors
M Williamson
A Webster
Company Number
08892876 (England and Wales)
Registered Office
Unit 40-41
Lune Industrial Estate
Lancaster
Lancashire
LA1 5QP
Accountants
J A Fell & Co
40 Hoghton Street
Southport
Merseyside
PR9 0PQ
Lune Powdercoating Limited
Statement of financial position
as at 28 February 2022
Tangible assets
2,356
3,337
Cash at bank and in hand
93,883
62,701
Creditors: amounts falling due within one year
(36,679)
(20,639)
Net current assets
66,694
58,302
Called up share capital
4
4
Profit and loss account
69,046
61,635
Shareholders' funds
69,050
61,639
For the year ending 28 February 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 13 July 2022 and were signed on its behalf by
A Webster
Director
Company Registration No. 08892876
Lune Powdercoating Limited
Notes to the Accounts
for the year ended 28 February 2022
Lune Powdercoating Limited is a private company, limited by shares, registered in England and Wales, registration number 08892876. The registered office is Unit 40-41, Lune Industrial Estate, Lancaster, Lancashire, LA1 5QP.
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.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2021
3,600
783
4,383
At 28 February 2022
3,600
783
4,383
At 1 March 2021
720
326
1,046
Charge for the year
720
261
981
At 28 February 2022
1,440
587
2,027
At 28 February 2022
2,160
196
2,356
At 28 February 2021
2,880
457
3,337
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
4,423
11,173
Accrued income and prepayments
567
567
Lune Powdercoating Limited
Notes to the Accounts
for the year ended 28 February 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
18,670
5,442
Other creditors
1,000
1,000
7
Average number of employees
During the year the average number of employees was 5 (2021: 5).
