Company Registration No. 11577520 (England and Wales)
Lyall Consultants Ltd
Unaudited accounts
for the year ended 28 February 2022
Lyall Consultants Ltd
Unaudited accounts
Contents
Lyall Consultants Ltd
Company Information
for the year ended 28 February 2022
Company Number
11577520 (England and Wales)
Registered Office
9 BEVERLEY ROAD
HENFIELD
WEST SUSSEX
BN5 9FP
UNITED KINGDOM
Accountants
Brian G. Lonis & Co Ltd
Accountants & Business Consultants
12E Manor Road
London
N16 5SA
Lyall Consultants Ltd
Statement of financial position
as at 28 February 2022
Tangible assets
25,282
1,845
Cash at bank and in hand
112,627
107,548
Creditors: amounts falling due within one year
(49,717)
(40,197)
Net current assets
78,424
71,824
Called up share capital
100
100
Profit and loss account
103,606
73,569
Shareholders' funds
103,706
73,669
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 director acknowledges her 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 and authorised for issue on 25 August 2022 and were signed on its behalf by
Ms Sheena Lyall
Director
Company Registration No. 11577520
Lyall Consultants Ltd
Notes to the Accounts
for the year ended 28 February 2022
Lyall Consultants Ltd is a private company, limited by shares, registered in England and Wales, registration number 11577520. The registered office is 9 BEVERLEY ROAD, HENFIELD, WEST SUSSEX, BN5 9FP, UNITED KINGDOM.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2021
-
-
2,422
2,422
Additions
22,433
1,507
-
23,940
At 28 February 2022
22,433
1,507
2,422
26,362
At 1 March 2021
-
-
577
577
Charge for the year
-
477
26
503
At 28 February 2022
-
477
603
1,080
At 28 February 2022
22,433
1,030
1,819
25,282
At 28 February 2021
-
-
1,845
1,845
Lyall Consultants Ltd
Notes to the Accounts
for the year ended 28 February 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
15,360
4,320
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
1,466
5,704
Taxes and social security
15,607
10,901
Loans from directors
25,077
17,766
7
Transactions with related parties
At the balance sheet date, where the director held controlling interests, the company owed to the director £25,077.
The company's ultimate controlling party is Ms Sheena Lyall by virtue of his ownership of 100% of the issued share capital in the company.
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Average number of employees
During the year the average number of employees was 1 (2021: 1).
