F.A. Lachmann Consultants Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01049322 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

F.A. LACHMANN CONSULTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Poulter

SECRETARY:

Mrs M Poulter

REGISTERED OFFICE:

17/19 Marker Place

Wetherby

Leeds

LS22 6LQ

REGISTERED NUMBER:

01049322 (England and Wales)

ACCOUNTANTS:

Philip Barker & Co Ltd

Certified Practising Accountants

92 Green Lane

Cookridge

Leeds

LS16 7HF

FIXED ASSETS

Tangible assets

4

4,468

4,964

CURRENT ASSETS

Stocks

10,745

-

Debtors

5

23,586

27,002

Cash at bank and in hand

314,575

264,721

348,906

291,723

CREDITORS

Amounts falling due within one year

6

34,967

14,786

NET CURRENT ASSETS

313,939

276,937

TOTAL ASSETS LESS CURRENT LIABILITIES

318,407

281,901

PROVISIONS FOR LIABILITIES

920

920

NET ASSETS

317,487

280,981

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

317,387

280,881

SHAREHOLDERS' FUNDS

317,487

280,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 10 May 2022 and were signed by:

N J Poulter - Director

1.	STATUTORY INFORMATION

F.A. Lachmann Consultants Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2021

and 31 December 2021

43,439

DEPRECIATION

At 1 January 2021

38,475

Charge for year

496

At 31 December 2021

38,971

NET BOOK VALUE

At 31 December 2021

4,468

At 31 December 2020

4,964

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

22,701

26,164

Other debtors

885

838

23,586

27,002

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

28,712

11,957

Other creditors

6,255

2,829

34,967

14,786

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N J Poulter.