LAADOL ENGINEERING LTD

LAADOL ENGINEERING LTD

LAADOL ENGINEERING LTD - Company Information

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1 September 2022 false No description of principal activity Taxfiler 2024.3 11531235business:PrivateLimitedCompanyLtd2022-09-012023-08-31 115312352022-08-31 115312352022-09-012023-08-31 11531235business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 11531235business:FilletedAccounts2022-09-012023-08-31 115312352023-08-31 11531235business:Director12022-09-012023-08-31 11531235business:RegisteredOffice2022-09-012023-08-31 115312352022-08-31 11531235core:WithinOneYear2023-08-31 11531235core:WithinOneYear2022-08-31 11531235core:AfterOneYear2023-08-31 11531235core:AfterOneYear2022-08-31 11531235core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 11531235core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 11531235core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 11531235core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 11531235core:PreviouslyStatedAmount2023-08-31 11531235core:PreviouslyStatedAmount2022-08-31 11531235business:SmallEntities2022-09-012023-08-31 11531235countries:EnglandWales2022-09-012023-08-31 11531235core:PlantMachinery2022-09-012023-08-31 11531235core:PlantMachinery2022-08-31 11531235core:PlantMachinery2023-08-31 115312352021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11531235 (England and Wales)
LAADOL ENGINEERING LTD Unaudited accounts for the year ended 31 August 2023
LAADOL ENGINEERING LTD Unaudited accounts Contents
Page
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LAADOL ENGINEERING LTD Company Information for the year ended 31 August 2023
Director
Oluwaseun Lawal
Company Number
11531235 (England and Wales)
Registered Office
25 OXFORD ROAD FARMOOR OXFORD OX2 9NN ENGLAND
Accountants
Cajal Accountancy Services Limited C/O Power Accountax Limited, Mailbox 3, Solent Business Centre, 343 Millbrook Road West, Southampton SO15 0HW
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LAADOL ENGINEERING LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
577 
995 
Current assets
Debtors
5
7,942 
6,155 
Cash at bank and in hand
5 
7,297 
7,947 
13,452 
Creditors: amounts falling due within one year
6
(2,884)
(4,074)
Net current assets
5,063 
9,378 
Total assets less current liabilities
5,640 
10,373 
Creditors: amounts falling due after more than one year
7
(9,578)
(11,167)
Provisions for liabilities
Deferred tax
(110)
(189)
Net liabilities
(4,048)
(983)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(4,049)
(984)
Shareholders' funds
(4,048)
(983)
For the year ending 31 August 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 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 10 May 2024 and were signed on its behalf by
Oluwaseun Lawal Director Company Registration No. 11531235
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LAADOL ENGINEERING LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
LAADOL ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 11531235. The registered office is 25 OXFORD ROAD, FARMOOR, OXFORD, OX2 9NN, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 August 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
4 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
1,673 
At 31 August 2023
1,673 
Depreciation
At 1 September 2022
678 
Charge for the year
418 
At 31 August 2023
1,096 
Net book value
At 31 August 2023
577 
At 31 August 2022
995 
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LAADOL ENGINEERING LTD Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
7,942 
6,155 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,960 
3,960 
Taxes and social security
(1,499)
(309)
Other creditors
423 
423 
2,884 
4,074 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,578 
11,167 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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