Company Registration No. NI637482 (Northern Ireland)
Lagan Airsoft Limited
Unaudited accounts
for the year ended 31 March 2022
Lagan Airsoft Limited
Unaudited accounts
Contents
Lagan Airsoft Limited
Company Information
for the year ended 31 March 2022
Director
Mr Samuel Brayshay
Company Number
NI637482 (Northern Ireland)
Registered Office
17G Station View
Dunmurry
Belfast
Co Antrim
BT17 0AE
Northern Ireland
Accountants
W F Lemon & Co Ltd
65 Bachelors Walk
Lisburn
Co. Antrim
BT28 1XN
Lagan Airsoft Limited
Accountants' report
Accountants' report to the director of Lagan Airsoft Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Lagan Airsoft Limited for the year ended
31 March 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lagan Airsoft Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Lagan Airsoft Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lagan Airsoft Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lagan Airsoft Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lagan Airsoft Limited. You consider that Lagan Airsoft Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lagan Airsoft Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
W F Lemon & Co Ltd
65 Bachelors Walk
Lisburn
Co. Antrim
BT28 1XN
29 April 2022
Lagan Airsoft Limited
Statement of financial position
as at
31 March 2022
Tangible assets
7,849
6,036
Cash at bank and in hand
13,279
19,968
Creditors: amounts falling due within one year
(10,779)
(10,509)
Net current assets
6,005
11,309
Called up share capital
100
100
Profit and loss account
13,754
17,245
Shareholders' funds
13,854
17,345
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 29 April 2022 and were signed on its behalf by
Mr Samuel Brayshay
Director
Company Registration No. NI637482
Lagan Airsoft Limited
Notes to the Accounts
for the year ended 31 March 2022
Lagan Airsoft Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI637482. The registered office is 17G Station View, Dunmurry, Belfast, Co Antrim, BT17 0AE, Northern Ireland.
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:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
3,230
1,600
Lagan Airsoft Limited
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
633
1,447
Loans from directors
9,246
8,186
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).