Company Registration No. 11209713 (England and Wales)
Lams Accountants Limited
Unaudited accounts
for the year ended 31 March 2022
Lams Accountants Limited
Unaudited accounts
Contents
Lams Accountants Limited
Company Information
for the year ended 31 March 2022
Company Number
11209713 (England and Wales)
Registered Office
20 BURTON ROAD
DIDSBURY
MANCHESTER
GREATER MANCHESTER
M20 3ED
UNITED KINGDOM
Accountants
Lams Accountants
20 Burton Road
Didsbury
Manchester
Greater Manchester
M20 3ED
Lams Accountants Limited
Statement of financial position
as at
31 March 2022
Tangible assets
6,860
5,704
Cash at bank and in hand
5,646
4,545
Creditors: amounts falling due within one year
(3,433)
(19,662)
Net current assets/(liabilities)
13,088
(4,068)
Total assets less current liabilities
19,948
1,636
Creditors: amounts falling due after more than one year
(1,218)
(1,055)
Called up share capital
100
100
Profit and loss account
18,630
481
Shareholders' funds
18,730
581
For the year ending 31 March 2022 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 5 April 2022 and were signed on its behalf by
Eric Ho Yin Lam
Director
Company Registration No. 11209713
Lams Accountants Limited
Notes to the Accounts
for the year ended 31 March 2022
Lams Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 11209713. The registered office is 20 BURTON ROAD, DIDSBURY, MANCHESTER, GREATER MANCHESTER, M20 3ED, UNITED KINGDOM.
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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:
Fixtures & fittings
15% Reducing Balance Method
Computer equipment
20% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2021
4,438
5,357
9,795
Additions
1,187
1,217
2,404
At 31 March 2022
5,625
6,574
12,199
At 1 April 2021
1,640
2,451
4,091
Charge for the year
464
784
1,248
At 31 March 2022
2,104
3,235
5,339
At 31 March 2022
3,521
3,339
6,860
At 31 March 2021
2,798
2,906
5,704
Lams Accountants Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
5,282
7,924
Accrued income and prepayments
1,107
1,116
Other debtors
4,486
2,009
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
4,726
7,735
Loans from directors
(2,623)
11,411
7
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
1,218
1,055
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Average number of employees
During the year the average number of employees was 2 (2021: 2).