LS Switchgear Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 13649769 (England and Wales)

Unaudited Financial Statements

for the Period 29 September 2021 to 30 September 2022

for

LS Switchgear Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

4

DIRECTOR:

S Frostick

REGISTERED OFFICE:

Unit 1

36 Wendover Road

Rackheath

Norwich

NR13 6LH

REGISTERED NUMBER:

13649769 (England and Wales)

ACCOUNTANTS:

Hornbeam Accountancy Services Ltd

Chartered Accountants

Hornbeam House

Bidwell Road

Rackheath

Norwich

Norfolk

NR13 6PT

CURRENT ASSETS

Debtors

4

33,619

Cash at bank

41,414

75,033

CREDITORS

Amounts falling due within one year

5

25,428

NET CURRENT ASSETS

49,605

TOTAL ASSETS LESS CURRENT LIABILITIES

49,605

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

49,505

49,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2022 and were signed by:

S Frostick - Director

1.	STATUTORY INFORMATION

LS Switchgear Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

29,499

Other debtors

4,120

33,619

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

13,816

Taxation and social security

11,612

25,428

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LS Switchgear Ltd for the period ended 30 September 2022 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of LS Switchgear Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LS Switchgear Ltd and state those matters that we have agreed to state to the director of LS Switchgear Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LS Switchgear Ltd and its director for our work or for this report.

It is your duty to ensure that LS Switchgear Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of LS Switchgear Ltd. You consider that LS Switchgear Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of LS Switchgear Ltd. 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 financial statements.

Hornbeam Accountancy Services Ltd

Chartered Accountants

Hornbeam House

Bidwell Road

Rackheath

Norwich

Norfolk

NR13 6PT

27 October 2022