Company Registration No. 11881068 (England and Wales)
LT COFFEE LIMITED
Unaudited accounts
for the year ended 31 March 2022
LT COFFEE LIMITED
Unaudited accounts
Contents
LT COFFEE LIMITED
Company Information
for the year ended 31 March 2022
Company Number
11881068 (England and Wales)
Registered Office
440 High Street
LINCOLN
LN5 8HZ
UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Alchemy AAA Certified Public Accountants
Big Barn, East Farm, Atterby,
Market Rasen
Lincolnshire
LN8 2BJ
LT COFFEE LIMITED
Statement of financial position
as at 31 March 2022
Tangible assets
6,679
6,870
Cash at bank and in hand
415
501
Creditors: amounts falling due within one year
(5,930)
(5,337)
Net current liabilities
(5,515)
(4,836)
Called up share capital
100
100
Capital contribution reserve
-
4,000
Profit and loss account
1,064
(2,066)
Shareholders' funds
1,164
2,034
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 his 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 11 January 2023 and were signed on its behalf by
Vadim Prosekov
Director
Company Registration No. 11881068
LT COFFEE LIMITED
Notes to the Accounts
for the year ended 31 March 2022
LT COFFEE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11881068. The registered office is 440 High Street, LINCOLN, LN5 8HZ, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings
LT COFFEE LIMITED
Notes to the Accounts
for the year ended 31 March 2022
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
4,460
-
Taxes and social security
779
-
Loans from directors
1
1,663
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
