Lammo Limited - Accounts to registrar (filleted) - small 18.2

Lammo Limited - Accounts to registrar (filleted) - small 18.2

LAMMO LIMITED - Company Information

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REGISTERED NUMBER: 06495286 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Lammo Limited
Lammo Limited (Registered number: 06495286)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lammo Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: N B Lammond
Mrs L J Lammond





REGISTERED OFFICE: Gowran House
56 Broad Street
Chipping Sodbury
Bristol
BS37 6AG





REGISTERED NUMBER: 06495286 (England and Wales)





ACCOUNTANTS: R A Leslie & Co. LLP
Chartered Accountants
Gowran House
56 Broad Street
Chipping Sodbury
Bristol
BS37 6AG
Page 1
Lammo Limited (Registered number: 06495286)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,800 3,600
Tangible assets 5 202,705 168,453
204,505 172,053

CURRENT ASSETS
Debtors 6 143,082 35,902
Cash at bank 31,832 47,020
174,914 82,922
CREDITORS
Amounts falling due within one year 7 162,908 83,212
NET CURRENT ASSETS/(LIABILITIES) 12,006 (290 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
216,511
171,763

PROVISIONS FOR LIABILITIES 38,500 33,750
NET ASSETS 178,011 138,013

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 177,911 137,913
SHAREHOLDERS' FUNDS 178,011 138,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
Lammo Limited (Registered number: 06495286)

Balance Sheet - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 August 2018 and were signed on its behalf by:





N B Lammond - Director


The notes form part of these financial statements

Page 3
Lammo Limited (Registered number: 06495286)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Lammo 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover represents net invoiced sales of services excluding VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 15% on reducing balance
Motor van - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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 2 (2017 - 2 ) .

Page 4 continued...
Lammo Limited (Registered number: 06495286)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 18,000
AMORTISATION
At 1 April 2017 14,400
Amortisation for year 1,800
At 31 March 2018 16,200
NET BOOK VALUE
At 31 March 2018 1,800
At 31 March 2017 3,600

5. TANGIBLE FIXED ASSETS
Equipment Motor van Totals
£    £    £   
COST
At 1 April 2017 286,806 40,431 327,237
Additions 64,576 7,495 72,071
At 31 March 2018 351,382 47,926 399,308
DEPRECIATION
At 1 April 2017 128,262 30,522 158,784
Charge for year 33,468 4,351 37,819
At 31 March 2018 161,730 34,873 196,603
NET BOOK VALUE
At 31 March 2018 189,652 13,053 202,705
At 31 March 2017 158,544 9,909 168,453

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 143,082 35,902

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Hire purchase contracts 5,309 4,059
Trade creditors 38,584 8,410
Corporation tax 19,538 14,343
Social security and other taxes 25,749 9,693
Directors' current accounts 73,728 46,707
162,908 83,212

Page 5