LAMA Consulting Ltd 31/10/2022 iXBRL

LAMA Consulting Ltd 31/10/2022 iXBRL

LAMA CONSULTING LTD - Company Information

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0 31/10/2022 2022-10-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2021-11-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 12944644 2021-11-01 2022-10-31 12944644 2022-10-31 12944644 2020-11-01 2021-10-31 12944644 2021-10-31 12944644 bus:RegisteredOffice 2021-11-01 2022-10-31 12944644 bus:LeadAgentIfApplicable 2021-11-01 2022-10-31 12944644 bus:Director1 2021-11-01 2022-10-31 12944644 bus:Director2 2021-11-01 2022-10-31 12944644 core:ShareCapital 2020-11-01 2021-10-31 12944644 core:RetainedEarningsAccumulatedLosses 2020-11-01 2021-10-31 12944644 core:ShareCapital 2021-11-01 2022-10-31 12944644 core:RetainedEarningsAccumulatedLosses 2021-11-01 2022-10-31 12944644 core:WithinOneYear 2022-10-31 12944644 core:WithinOneYear 2021-10-31 12944644 core:ShareCapital 2022-10-31 12944644 core:ShareCapital 2021-10-31 12944644 core:RetainedEarningsAccumulatedLosses 2022-10-31 12944644 core:RetainedEarningsAccumulatedLosses 2021-10-31 12944644 bus:Director1 2021-10-31 12944644 bus:Director1 2022-10-31 12944644 bus:Director2 2022-10-31 12944644 bus:Director1 2021-10-31 12944644 bus:Director1 2020-11-01 2021-10-31 12944644 bus:SmallEntities 2021-11-01 2022-10-31 12944644 bus:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 12944644 bus:FullAccounts 2021-11-01 2022-10-31 12944644 bus:SmallCompaniesRegimeForAccounts 2021-11-01 2022-10-31 12944644 bus:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31
Company registration number: 12944644
LAMA Consulting Ltd
Unaudited filleted financial statements
31 October 2022
LAMA Consulting Ltd
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
LAMA Consulting Ltd
Directors and other information
Directors Mrs Rosemary Jane Lavin
Mr Ashley Lavin (Appointed 23 February 2022)
Company number 12944644
Registered office 83 High Street
Hemel Hempstead
Herts
HP1 3AH
Business address 3 Nightingale Close
Tring
Herts
HP23 5FS
Accountants Hicks And Compnay
Chartered Accountants
83 High Street
Hemel Hempstead
Herts
HP1 3AH
LAMA Consulting Ltd
Statement of financial position
31 October 2022
2022 2021
Note £ £ £ £
Current assets
Debtors 5 4 3
Cash at bank and in hand 17,914 3,501
_______ _______
17,918 3,504
Creditors: amounts falling due
within one year 6 ( 3,485) ( 1,346)
_______ _______
Net current assets 14,433 2,158
_______ _______
Total assets less current liabilities 14,433 2,158
_______ _______
Net assets 14,433 2,158
_______ _______
Capital and reserves
Called up share capital 4 3
Profit and loss account 14,429 2,155
_______ _______
Shareholders funds 14,433 2,158
_______ _______
For the year ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 12 July 2023 , and are signed on behalf of the board by:
Mrs Rosemary Jane Lavin
Director
Company registration number: 12944644
LAMA Consulting Ltd
Statement of changes in equity
Year ended 31 October 2022
Called up share capital Profit and loss account Total
£ £ £
At 1 November 2020 - - -
Profit for the year 2,155 2,155
_______ _______ _______
Total comprehensive income for the year - 2,155 2,155
Issue of shares 3 3
_______ _______ _______
Total investments by and distributions to owners 3 - 3
_______ _______ _______
At 31 October 2021 and 1 November 2021 3 2,155 2,158
Profit for the year 12,274 12,274
_______ _______ _______
Total comprehensive income for the year - 12,274 12,274
Issue of shares 1 1
_______ _______ _______
Total investments by and distributions to owners 1 - 1
_______ _______ _______
At 31 October 2022 4 14,429 14,433
_______ _______ _______
LAMA Consulting Ltd
Notes to the financial statements
Year ended 31 October 2022
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 83 High Street, Hemel Hempstead, Herts, HP1 3AH.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2021: Nil).
5. Debtors
2022 2021
£ £
Other debtors 4 3
_______ _______
6. Creditors: amounts falling due within one year
2022 2021
£ £
Corporation tax 2,885 506
Other creditors 600 840
_______ _______
3,485 1,346
_______ _______
7. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mrs Rosemary Jane Lavin 3 - 3
Mr Ashley Lavin - 1 1
_______ _______ _______
2021
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mrs Rosemary Jane Lavin - 3 3
Mr Ashley Lavin - - -
_______ _______ _______