Company Registration No. 13388598 (England and Wales)
EAST MIDLANDS LASERFABS LIMITED
Unaudited accounts
for the year ended 31 May 2023
EAST MIDLANDS LASERFABS LIMITED
Unaudited accounts
Contents
EAST MIDLANDS LASERFABS LIMITED
Company Information
for the year ended 31 May 2023
Directors
Stephen William Ernest Dorman
Lee Robert Brett
Company Number
13388598 (England and Wales)
Registered Office
73 Loughborough Road
Bradmore
Nottingham
NG11 6PA
Accountants
SLP Accounting
25 Brook View Drive
Keyworth
Nottingham
NG12 5JN
EAST MIDLANDS LASERFABS LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
86,713
83,455
Cash at bank and in hand
42,648
8,703
Creditors: amounts falling due within one year
(77,688)
(103,583)
Net current assets/(liabilities)
16,788
(65,567)
Called up share capital
100
2
Profit and loss account
103,401
17,886
Shareholders' funds
103,501
17,888
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by
Stephen William Ernest Dorman
Director
Company Registration No. 13388598
EAST MIDLANDS LASERFABS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
EAST MIDLANDS LASERFABS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13388598. The registered office is 73 Loughborough Road, Bradmore, Nottingham, NG11 6PA.
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:
Plant & machinery
10% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
94,042
1,300
620
95,962
Additions
16,483
1,422
671
18,576
At 31 May 2023
110,525
2,722
1,291
114,538
At 1 June 2022
12,189
189
129
12,507
Charge for the year
14,751
374
193
15,318
At 31 May 2023
26,940
563
322
27,825
At 31 May 2023
83,585
2,159
969
86,713
At 31 May 2022
81,853
1,111
491
83,455
EAST MIDLANDS LASERFABS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
51,828
25,324
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
6,590
44,813
Taxes and social security
5,151
-
Loans from directors
52,045
58,070
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).