LULWORTH STONE LIMITED

LULWORTH STONE LIMITED

LULWORTH STONE LIMITED - Company Information

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LULWORTH STONE LIMITED

Company Registration Number:
12541278 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

LULWORTH STONE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

LULWORTH STONE LIMITED

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 794,824 0
Tangible assets: 4 75,665 91,542
Investments:   0 0
Total fixed assets: 870,489 91,542
Current assets
Stocks: 0 0
Debtors:   617,150 601,016
Cash at bank and in hand: 1,151,418 1,477,363
Investments:   0 0
Total current assets: 1,768,568 2,078,379
Creditors: amounts falling due within one year:   (267,532) (295,542)
Net current assets (liabilities): 1,501,036 1,782,837
Total assets less current liabilities: 2,371,525 1,874,379
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (620,169) (1,035,088)
Total net assets (liabilities): 1,751,356 839,291
Capital and reserves
Called up share capital: 750 750
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,750,606 838,541
Shareholders funds: 1,751,356 839,291

The notes form part of these financial statements

LULWORTH STONE LIMITED

Balance sheet statements

For the year ending 31 March 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.

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 26 December 2022
and signed on behalf of the board by:

Name: Simon Murfin
Status: Director

The notes form part of these financial statements

LULWORTH STONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

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

LULWORTH STONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 7 8

LULWORTH STONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Intangible Assets

Total
Cost £
At 01 April 2021 0
Additions 794,824
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2022 794,824
Amortisation
At 01 April 2021 0
Charge for year 0
On disposals 0
At 31 March 2022 0
Net book value
At 31 March 2022 794,824
At 31 March 2021 0

LULWORTH STONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible Assets

Total
Cost £
At 01 April 2021 102,469
Additions 6,729
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2022 109,198
Depreciation
At 01 April 2021 10,927
Charge for year 22,606
On disposals 0
Other adjustments 0
At 31 March 2022 33,533
Net book value
At 31 March 2022 75,665
At 31 March 2021 91,542

LULWORTH STONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Loans to directors

Name of director receiving advance or credit: Mr Simon Murfin
Description of the loan: Private loan
£
Balance at 01 April 2021 0
Advances or credits made: 573,875
Balance at 31 March 2022 573,875

As at the 31st March 2022 Mr Simon Murfin owed the company £573,875. This amount was repaid by December 2022, interest to March 2022 was £785 and is included within the total. A further £120,000 was advanced on 29th July 2022, £123,110 remains unpaid as at 31st December 2022.