Company Registration No. 9972834 (England and Wales)
Lightwood Sports Groundcare Ltd
Unaudited accounts
for the year ended 31 January 2018
Lightwood Sports Groundcare Ltd
Unaudited accounts
Contents
Lightwood Sports Groundcare Ltd
Company Information
for the year ended 31 January 2018
Directors
Jonathan Mark Pearson
Claire Louise Pearson
Company Number
9972834 (England and Wales)
Registered Office
80 MEADOW GATE AVENUE
SHEFFIELD
S20 2PS
UNITED KINGDOM
Accountants
Nigel Cain Accountants Ltd
3 St Annes Way
Manor Park
Worksop
Notts
S80 3QR
Lightwood Sports Groundcare Ltd
Statement of financial position
as at
31 January 2018
Tangible assets
73,089
72,354
Cash at bank and in hand
18,150
28,059
Creditors: amounts falling due within one year
(70,657)
(90,340)
Net current liabilities
(49,205)
(61,561)
Total assets less current liabilities
23,884
10,793
Creditors: amounts falling due after more than one year
(23,409)
(33,224)
Net assets/(liabilities)
475
(22,431)
Called up share capital
4
4
Profit and loss account
471
(22,435)
Shareholders' funds
475
(22,431)
For the year ending 31 January 2018 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.
Approved by the Board on 19 July 2018.
Claire Louise Pearson
Director
Company Registration No. 9972834
Lightwood Sports Groundcare Ltd
Notes to the Accounts
for the year ended 31 January 2018
Lightwood Sports Groundcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 9972834. The registered office is 80 MEADOW GATE AVENUE, SHEFFIELD, S20 2PS, UNITED KINGDOM.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2017
79,971
16,500
96,471
Additions
25,099
-
25,099
At 31 January 2018
105,070
16,500
121,570
At 1 February 2017
19,992
4,125
24,117
Charge for the year
21,270
3,094
24,364
At 31 January 2018
41,262
7,219
48,481
At 31 January 2018
63,808
9,281
73,089
At 31 January 2017
59,979
12,375
72,354
Lightwood Sports Groundcare Ltd
Notes to the Accounts
for the year ended 31 January 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
14,814
18,039
Trade creditors
17,049
23,153
Taxes and social security
8,061
10,568
Loans from directors
29,733
37,680
7
Creditors: amounts falling due after more than one year
2018
2017
8
Average number of employees
During the year the average number of employees was 8 (2017: 8).