LLOYD & WHYTE COMMUNITY BROKING LTD

LLOYD & WHYTE COMMUNITY BROKING LTD

LLOYD & WHYTE COMMUNITY BROKING LTD - Company Information

Print Friendly Version

LLOYD & WHYTE COMMUNITY BROKING LTD

Company Registration Number:
04640518 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 April 2020

End date: 31 December 2020

LLOYD & WHYTE COMMUNITY BROKING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

LLOYD & WHYTE COMMUNITY BROKING LTD

Balance sheet

As at 31 December 2020


Notes
31 December 2020
31 March 2020


£
£
Fixed assets
Tangible assets: 3 9,164 11,998
Total fixed assets: 9,164 11,998
Current assets
Debtors:   72,681 91,914
Cash at bank and in hand: 12,924 605
Total current assets: 85,605 92,519
Creditors: amounts falling due within one year:   (84,447) (87,793)
Net current assets (liabilities): 1,158 4,726
Total assets less current liabilities: 10,322 16,724
Provision for liabilities: (1,700) (1,918)
Total net assets (liabilities): 8,622 14,806
Capital and reserves
Called up share capital: 2,000 2,000
Other reserves: 1,600 1,600
Profit and loss account: 5,022 11,206
Shareholders funds: 8,622 14,806

The notes form part of these financial statements

LLOYD & WHYTE COMMUNITY BROKING LTD

Balance sheet statements

For the year ending 31 December 2020 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2021
and signed on behalf of the board by:

Name: Stephen Astley
Status: Director

The notes form part of these financial statements

LLOYD & WHYTE COMMUNITY BROKING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

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

Turnover policy

Turnover represents brokerage, fees earned, commission, management charges and rent receivable.Commission is credited to the profit and loss account on a receivable basis when the amount due to the company can be reasonably ascertained.

Tangible fixed assets and depreciation policy

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives, as follows:Leasehold property - Straight line over the life of the leaseFixtures, fittings & equipment - 15% reducing balanceComputer equipment - 3 years straight line

LLOYD & WHYTE COMMUNITY BROKING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

31 December 2020 31 March 2020
Average number of employees during the period 7 6

LLOYD & WHYTE COMMUNITY BROKING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 April 2020 40,254
Additions 2,425
Disposals (27,520)
At 31 December 2020 15,159
Depreciation
At 01 April 2020 28,256
Charge for year 2,859
On disposals (25,120)
At 31 December 2020 5,995
Net book value
At 31 December 2020 9,164
At 31 March 2020 11,998

LLOYD & WHYTE COMMUNITY BROKING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Financial commitments

Bank loans and overdrafts are secured by way of a fixed and floating charge over all the property or undertaking of the company.

LLOYD & WHYTE COMMUNITY BROKING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

5. Post balance sheet events

On 5 March 2021, the entire ordinary share capital of the company was acquired by Lloyd & Whyte Group Limited.