ACCOUNTS - Final Accounts

Registered number: 06344354

LCM ASSETS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2022


LCM ASSETS LIMITED REGISTERED NUMBER:06344354

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2022

		2022		2021
Note		£		£


Current assets
Cash at bank and in hand	3	1		1
		1		1
Total assets less current liabilities			1		1

Net assets			1		1

Capital and reserves
Called up share capital	1	1
	1	1

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LCM ASSETS LIMITED REGISTERED NUMBER:06344354

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 AUGUST 2022

For the year ended 31 August 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Colin Milton

Director

Date: 23 May 2023

The notes on page 3 form part of these financial statements.

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LCM ASSETS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2022

1.	General information

LCM Assets Limited is a private company limited by shares and incorporated in England and Wales, registration number 06344354. The registered office is 24 Mayfield Road, Pinhoe, Exeter, EX4 8PR.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3.	Cash and cash equivalents
		2022	2021
		£	£

Cash at bank and in hand	1	1
	1	1

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