Company Registration No. 9560378 (England and Wales)
Lauren Gilberthorpe Interiors Limited
Unaudited accounts
for the year ended 31 March 2021
Lauren Gilberthorpe Interiors Limited
Unaudited accounts
Contents
Lauren Gilberthorpe Interiors Limited
Company Information
for the year ended 31 March 2021
Director
Miss Lauren Gilberthorpe
Company Number
9560378 (England and Wales)
Registered Office
Unit 5 College Farm Buildings
Tetbury Road
Cirencester
GL7 6PY
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Lauren Gilberthorpe Interiors Limited
Statement of financial position
as at 31 March 2021
Cash at bank and in hand
32,149
1,299
Creditors: amounts falling due within one year
(30,954)
(8,858)
Net current assets
43,529
25,409
Total assets less current liabilities
43,529
25,409
Creditors: amounts falling due after more than one year
(23,334)
(10,667)
Called up share capital
1
1
Profit and loss account
20,194
14,741
Shareholders' funds
20,195
14,742
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 November 2021 and were signed on its behalf by
Miss Lauren Gilberthorpe
Director
Company Registration No. 9560378
Lauren Gilberthorpe Interiors Limited
Notes to the Accounts
for the year ended 31 March 2021
Lauren Gilberthorpe Interiors Limited is a private company, limited by shares, registered in England and Wales, registration number 9560378. The registered office is Unit 5 College Farm Buildings, Tetbury Road, Cirencester, GL7 6PY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Staight Line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment
Lauren Gilberthorpe Interiors Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
7,333
4,000
Taxes and social security
8,378
7,950
Loans from directors
(7,727)
(9,711)
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 4 (2020: 3).
