Accounts Submission

LAVENDER LINE LIMITED - Company Information

Company Accounts and Tax Online 02593836 Board of Directors 1.2.21 31.1.22 31.1.22 No description of principal activity false iso4217:GBP xbrli:pure 02593836 2020-02-01 2021-01-31 02593836 2022-01-31 02593836 2021-02-01 2022-01-31 02593836 2021-01-31 02593836 countries:EnglandWales 2021-02-01 2022-01-31 02593836 curr:PoundSterling 2021-02-01 2022-01-31 02593836 uk-bus:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31 02593836 uk-bus:FRS102 2021-02-01 2022-01-31 02593836 uk-bus:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 02593836 uk-bus:FullAccounts 2021-02-01 2022-01-31 02593836 uk-bus:RegisteredOffice 2021-02-01 2022-01-31 02593836 uk-bus:Director1 2021-02-01 2022-01-31 02593836 uk-bus:Director1 2021-02-01 02593836 uk-bus:Director1 2022-01-31 02593836 uk-bus:Director2 2021-02-01 2022-01-31 02593836 uk-bus:Director2 2021-02-01 02593836 uk-bus:Director2 2022-01-31 02593836 uk-bus:Director3 2021-02-01 2022-01-31 02593836 uk-bus:Director3 2021-02-01 02593836 uk-bus:Director3 2022-01-31 02593836 core:AfterOneYear 2022-01-31 02593836 core:AfterOneYear 2021-01-31 02593836 core:WithinOneYear 2022-01-31 02593836 core:WithinOneYear 2021-01-31 02593836 core:WithinOneYear 2021-02-01 2022-01-31 02593836 core:AfterOneYear 2022-01-31 02593836 core:AfterOneYear 2021-01-31 02593836 core:AfterOneYear 2021-02-01 2022-01-31 02593836 core:ShareCapital 2022-01-31 02593836 core:ShareCapital 2021-01-31 02593836 core:RevaluationReserve 2022-01-31 02593836 core:RevaluationReserve 2021-01-31 02593836 core:RetainedEarningsAccumulatedLosses 2022-01-31 02593836 core:RetainedEarningsAccumulatedLosses 2021-01-31 02593836 1 2021-02-01 2022-01-31 02593836 core:LandBuildings 2021-02-01 2022-01-31 02593836 core:LandBuildings 2022-01-31 02593836 core:LandBuildings 2020-02-01 2021-01-31 02593836 core:LandBuildings 2021-01-31 02593836 core:PlantMachinery 2021-02-01 2022-01-31 02593836 core:PlantMachinery 2022-01-31 02593836 core:PlantMachinery 2020-02-01 2021-01-31 02593836 core:PlantMachinery 2021-01-31 02593836 core:FurnitureFittingsToolsEquipment 2021-02-01 2022-01-31 02593836 core:FurnitureFittingsToolsEquipment 2022-01-31 02593836 core:FurnitureFittingsToolsEquipment 2020-02-01 2021-01-31 02593836 core:FurnitureFittingsToolsEquipment 2021-01-31 02593836 core:OfficeEquipment 2021-02-01 2022-01-31 02593836 core:OfficeEquipment 2022-01-31 02593836 core:OfficeEquipment 2020-02-01 2021-01-31 02593836 core:OfficeEquipment 2021-01-31 02593836 core:Vehicles 2021-02-01 2022-01-31 02593836 core:Vehicles 2022-01-31 02593836 core:Vehicles 2020-02-01 2021-01-31 02593836 core:Vehicles 2021-01-31 02593836 core:NetGoodwill 2021-02-01 2022-01-31 02593836 core:NetGoodwill 2022-01-31 02593836 core:NetGoodwill 2020-02-01 2021-01-31 02593836 core:NetGoodwill 2021-01-31 02593836 core:IntangibleAssetsOtherThanGoodwill 2021-02-01 2022-01-31 02593836 core:IntangibleAssetsOtherThanGoodwill 2022-01-31 02593836 core:IntangibleAssetsOtherThanGoodwill 2020-02-01 2021-01-31 02593836 core:IntangibleAssetsOtherThanGoodwill 2021-01-31

Company Registration Number:
02593836 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2022

Period of accounts

Start date: 01 February 2021

End date: 31 January 2022

Contents of the Financial Statements

for the Period Ended 31 January 2022


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 January 2022

The directors present their report with the financial statements of the company for the period ended 31 January 2022

Directors

The directors shown below have held office during the whole of the period from 01 February 2021 to 31 January 2022
Richard Hingley
Christopher Chamberlain
Keith Burgess

This report was approved by the board of directors on 22 September 2022
And Signed On Behalf Of The Board By:

Name: Richard Hingley
Status: Director

Profit and Loss Account

for the Period Ended 31 January 2022

	2022 £	2021 £
Turnover	28,225	5,195
Cost of sales	( 13,594 )	( 4,593 )
Gross Profit or (Loss)	31,929	24,372
Income from coronavirus (COVID-19) business support grants	17,298	23,770
Administrative Expenses	( 56,800 )	( 33,579 )
Operating Profit or (Loss)	( 24,871 )	( 9,207 )
Profit or (Loss) Before Tax	( 24,871 )	( 9,207 )
Tax on Profit	( 1,256 )	( 461 )
Profit or (Loss) for Period	( 26,127 )	( 9,668 )

The notes form part of these financial statements

Balance sheet

As at 31 January 2022

	Notes	2022 £	2021 £
Fixed assets
Tangible assets:	4	587,602	603,602
Total fixed assets:		587,602	603,602
Current assets
Stocks:		3,400	3,400
Debtors:	5	722	735
Cash at bank and in hand:		21,890	14,348
Total current assets:		26,012	18,483
Creditors: amounts falling due within one year:	6	( 14,399 )	( 16,401 )
Net current assets (liabilities):		11,613	2,082
Total assets less current liabilities:		599,215	605,684
Creditors: amounts falling due after more than one year:	7	( 9,225 )	( 12,079 )
Provision for liabilities:		( 75,362 )	( 74,107 )
Total net assets (liabilities):		514,628	519,498

The notes form part of these financial statements

Balance sheet continued

As at 31 January 2022

	Notes	2022 £	2021 £
Capital and reserves
Called up share capital:		379,082	359,082
Revaluation reserve:	8	277,497	277,497
Profit and loss account:		( 141,951 )	( 117,081 )
Shareholders funds:		514,628	519,498

For the year ending 31 January 2022 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.

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

This report was approved by the board of directors on 22 September 2022
And Signed On Behalf Of The Board By:

Name: Richard Hingley
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 January 2022

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property Nil %
Fittings, fixtures and equipment 15% reducing balance
Track - 15% reducing balance
Rolling stock - 5% reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Based on experience from disposals rolling stock will be depreciated at 5% going forward (previously 0%).

Notes to the Financial Statements

for the Period Ended 31 January 2022

2. Employees

	2022	2021
Average number of employees during the period	0	0

Notes to the Financial Statements

for the Period Ended 31 January 2022

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 January 2022

4. Tangible assets

	Land & buildings	Plant & machinery	Total
Cost	£	£	£
At 01 February 2021	500,000	174,997	674,997
Additions	-	8,882	8,882
Disposals	-	( 14,711 )	( 14,711 )
Revaluations	-	-	-
Transfers	-	-	-
At 31 January 2022	500,000	169,168	669,168
Depreciation
At 01 February 2021	-	71,395	71,395
Charge for year	-	10,355	10,355
On disposals	-	( 184 )	( 184 )
Other adjustments	-	-	-
At 31 January 2022	-	81,566	81,566
Net book value
At 31 January 2022	500,000	87,602	587,602
At 31 January 2021	500,000	103,602	603,602

Notes to the Financial Statements

for the Period Ended 31 January 2022

5. Debtors

	2022 £	2021 £
Other debtors	722	735
Total	722	735

Notes to the Financial Statements

for the Period Ended 31 January 2022

6.Creditors: amounts falling due within one year note

	2022 £	2021 £
Trade creditors	8,241	10,245
Other creditors	6,158	6,156
Total	14,399	16,401

Notes to the Financial Statements

for the Period Ended 31 January 2022

7.Creditors: amounts falling due after more than one year

	2022 £	2021 £
Other creditors	9,225	12,079
Total	9,225	12,079

Notes to the Financial Statements

for the Period Ended 31 January 2022

8. Revaluation reserve

	2022 £
Balance at 01 February 2021	277,497
Surplus or deficit after revaluation	0
Balance at 31 January 2022	277,497

Director:		Richard Hingley
		Christopher Chamberlain
		Keith Burgess


Registered office:		Isfield Station Station Road Isfield Uckfield East Sussex TN22 5XB


Company Registration Number:		02593836 (England and Wales)

Accounts Submission