L & H Decorators Limited,Ltd - AccountsLtd - Accounts
L & H Decorators Limited,Ltd - AccountsLtd - Accounts
| Registered Number:03530837 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
| Registered Number : |
| As at |
L & H Decorators Limited
Statement of Financial Position
| £ |
| £ |
2022
2023
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Current assets |
| Inventories |
3
| Trade and other receivables |
4
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(468,707 )
(464,420 )
5
1,950,465
Net current assets
| Total assets less current liabilities |
Net assets
| Capital and reserves |
| Called up share capital |
| Retained earnings |
Shareholders' funds
| 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
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For the year ended 31 March 2023
L & H Decorators Limited
Notes to the Financial Statements
Statutory Information
| L & H Decorators Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03530837. |
| Registered address: |
Suite 1&2 Tarleton Court Yard
Church Road
Tarleton
Preston
PR4 6UP
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
Motor vehicles
Fixtures, fittings & equipment
Government grants
Inventories
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For the year ended 31 March 2023
L & H Decorators Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
| Total |
| Fixtures, |
| fittings & |
| equipment |
Motor vehicles
Property
| £ |
| £ |
| £ |
| £ |
| Cost or |
| valuation |
| At 01 April 2022 |
| Additions |
(4,495 )
| Disposals |
(4,495 )
| At 31 March 2023 |
| Provision for depreciation and impairment |
| At 01 April 2022 |
Charge for year
(3,892 )
(3,892 )
| On disposal |
| At 31 March 2023 |
| At 31 March 2023 |
| Net book value |
| At 31 March 2022 |
| 3. Inventories |
2022
2023
| £ |
| £ |
| Stocks |
| 4. Trade and other receivables |
2022
2023
| £ |
| £ |
| Trade debtors |
| Other debtors |
| 5. Trade and other payables: amounts falling due within one year |
2022
2023
| £ |
| £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
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For the year ended 31 March 2023
L & H Decorators Limited
Notes to the Financial Statements Continued
| 6. Related party transactions |
| Dividends paid totalling £ 75000 (2022: £73000) |
| Dividends paid totalling £78000 (2022: £ 68000) |
| 7. Directors advances and guarantees |
| At 01/04/2022 |
Repaid
| At 31/03/2023 |
| £ |
| £ |
| £ |
Mr John Spencer Hughes
(2,715 )
(2,115 )
(2,715)
(2,115)
600
Mr Peter Latham
(2,715 )
(2,115 )
(2,715)
(2,115)
600
| 8. Average number of persons employed |
During the year the average number of employees was 20 (2022 : 21 )
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