Accounts filed on 31-03-2022


Registered number: 01554079






Lakeside Printing Limited


ACCOUNTS

FOR THE YEAR ENDED 31/03/2022
























Prepared By:
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT


ACCOUNTS
FOR THE YEAR ENDED 31/03/2022





DIRECTORS
Paul Bashford


REGISTERED OFFICE
Unit 4a Munday Works
58-66 Morley Road
Tonbridge
Kent
TN9 1RA


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01554079



ACCOUNTANTS
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT


ACCOUNTS
FOR THEYEARENDED31/03/2022



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	3		18,772		27,089

CURRENT ASSETS
Stock		500		436
Debtors	5	14,275		9,223
Cash at bank and in hand		119,835		112,658
		134,610		122,317
CREDITORS: Amounts falling due within one year	6	67,479		77,432
NET CURRENT ASSETS			67,131		44,885
TOTAL ASSETS LESS CURRENT LIABILITIES			85,903		71,974

CAPITAL AND RESERVES

Called up share capital	7		1,000		1,000
Profit and loss account			84,903		70,974
SHAREHOLDERS' FUNDS			85,903		71,974

For the year ending 31/03/2022 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 11/11/2022 and signed on their behalf by



.............................
Paul Bashford
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Equipment		reducing balance 25%
Motor Cars		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




5. DEBTORS	2022	2021
	£	£
Amounts falling due within one year
Trade debtors	6,874	5,135
VAT	-	85
Other debtors	37	-
Prepayments	7,364	4,003
	14,275	9,223




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
UK corporation tax	5,807	6,714
VAT	160	-
PAYE control	-	812
Salaries and wages control	2,782	2,447
Directors current account	336	184
Bank loans and overdrafts	133	40
Bank Loan	39,426	43,000
Trade creditors	8,835	8,388
Other creditors	-	160
Pension schemes	-	214
Accruals	10,000	15,473
	67,479	77,432




7. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000
	1,000	1,000