L K P Holdings Limited - Period Ending 2022-02-28

L K P Holdings Limited

Contents

Accountants' Report	1
Balance Sheet	2

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
L K P Holdings Limited
for the Year Ended 28 February 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of L K P Holdings Limited for the year ended 28 February 2022 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of L K P Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 6 October 2020. Our work has been undertaken solely to prepare for your approval the accounts of L K P Holdings Limited and state those matters that we have agreed to state to the Board of Directors of L K P Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than L K P Holdings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that L K P Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of L K P Holdings Limited. You consider that L K P Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of L K P Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

24 October 2022

L K P Holdings Limited

(Registration number: 12442279)
Balance Sheet as at 28 February 2022

		28 February 2022 £	28 February 2021 £
Fixed assets		424,063	424,063
Current assets		77,429	121,989
Prepayments and accrued income		113,600	-
Creditors: Amounts falling due within one year		(465,866)	(437,489)
Net current liabilities		(274,837)	(315,500)
Total assets less current liabilities		149,226	108,563
Accruals and deferred income		(1,500)	(1,500)
		147,726	107,063
Capital and reserves		147,726	107,063

L K P Holdings Limited

(Registration number: 12442279)
Balance Sheet as at 28 February 2022 (continued)

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 2).

3	Related party transactions

Transactions with the director

2022	At 1 March 2021 £	Advances £	Repayments £	Dividends credited £	Interest £	At 28 February 2022 £
L M Parkin
Loan	41,790	62,582	-	(41,790)	(1,914)	60,668
K Parkin
Loan	41,789	18,500	(57,465)	-	(2,824)	-

2021	At 4 February 2020 £	Advances £	Repayments £	Dividends credited £	Interest £	At 28 February 2021 £
L M Parkin
Loan	-	40,300	(2,095)	-	3,585	41,790
K Parkin
Loan	-	40,300	(2,095)	-	3,584	41,789

L K P Holdings Limited

(Registration number: 12442279)
Balance Sheet as at 28 February 2022 (continued)

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2.25% and 2% on advances to directors.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 24 October 2022
 

......................................... L M Parkin Director