1 January 2017 false No description of principal activity Taxfiler 2017.50.Web 05200838business:PrivateLimitedCompanyLtd2017-01-012017-12-31 052008382016-12-31 052008382017-01-012017-12-31 05200838business:AuditExempt-NoAccountantsReport2017-01-012017-12-31 05200838business:FullAccounts2017-01-012017-12-31 052008382017-12-31 05200838business:Director12017-01-012017-12-31 05200838business:Director22017-01-012017-12-31 05200838business:RegisteredOffice2017-01-012017-12-31 052008382016-12-31 05200838core:WithinOneYear2017-12-31 05200838core:WithinOneYear2016-12-31 05200838core:ShareCapital2017-12-31 05200838core:ShareCapital2016-12-31 05200838core:RetainedEarningsAccumulatedLosses2017-12-31 05200838core:RetainedEarningsAccumulatedLosses2016-12-31 05200838business:SmallEntities2017-01-012017-12-31 05200838countries:EnglandWales2017-01-012017-12-31 05200838core:PlantMachinery2017-01-012017-12-31 05200838core:FurnitureFittings2017-01-012017-12-31 05200838core:PlantMachinery2016-12-31 05200838core:FurnitureFittings2016-12-31 05200838core:PlantMachinery2017-12-31 05200838core:FurnitureFittings2017-12-31 05200838core:AcceleratedTaxDepreciationDeferredTax2017-12-31 05200838core:AcceleratedTaxDepreciationDeferredTax2016-12-31 052008382015-09-30 052008382015-10-012016-12-31 05200838business:Director112016-12-31 05200838business:Director112017-01-012017-12-31 05200838business:Director112017-12-31 05200838business:Director222016-12-31 05200838business:Director222017-01-012017-12-31 05200838business:Director222017-12-31 05200838business:Director32017-01-012017-12-31 05200838business:Director332016-12-31 05200838business:Director332017-01-012017-12-31 05200838business:Director332017-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05200838 (England and Wales)
A & A Lampkin Limited Unaudited accounts for the year ended 31 December 2017
A & A Lampkin Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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A & A Lampkin Limited Company Information for the year ended 31 December 2017
Directors
Mr D M Lampkin Mr S C Lampkin
Company Number
05200838 (England and Wales)
Registered Office
Greengate Silsden West Yorkshire BD20 9LA
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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A & A Lampkin Limited Statement of financial position as at 31 December 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
20,836 
24,189 
Current assets
Inventories
5
2,885 
3,825 
Debtors
6
75,333 
36,305 
Cash at bank and in hand
71,810 
82,588 
150,028 
122,718 
Creditors: amounts falling due within one year
7
(35,952)
(39,350)
Net current assets
114,076 
83,368 
Total assets less current liabilities
134,912 
107,557 
Provisions for liabilities
Deferred tax
8
(3,131)
(2,833)
Net assets
131,781 
104,724 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
130,781 
103,724 
Shareholders' funds
131,781 
104,724 
For the year ending 31 December 2017 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 23 March 2018.
Mr D M Lampkin Director Company Registration No. 05200838
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A & A Lampkin Limited Notes to the Accounts for the year ended 31 December 2017
1
Statutory information
A & A Lampkin Limited is a private company, limited by shares, registered in England and Wales, registration number 05200838. The registered office is Greengate, Silsden, West Yorkshire, BD20 9LA.
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.
3
Accounting policies
These financial statements for the year ended 31 December 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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A & A Lampkin Limited Notes to the Accounts for the year ended 31 December 2017
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2017
98,097 
7,182 
105,279 
Additions
319 
- 
319 
At 31 December 2017
98,416 
7,182 
105,598 
Depreciation
At 1 January 2017
75,826 
5,264 
81,090 
Charge for the year
3,385 
287 
3,672 
At 31 December 2017
79,211 
5,551 
84,762 
Net book value
At 31 December 2017
19,205 
1,631 
20,836 
At 31 December 2016
22,271 
1,918 
24,189 
5
Inventories
2017 
2016 
£ 
£ 
Work in progress
2,885 
3,825 
2,885 
3,825 
6
Debtors
2017 
2016 
£ 
£ 
Trade debtors
75,333 
27,967 
Other debtors
- 
8,338 
75,333 
36,305 
7
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
1,082 
1,741 
Taxes and social security
31,440 
18,725 
Loans from directors
3,430 
14,634 
Accruals
- 
4,250 
35,952 
39,350 
8
Deferred taxation
2017 
2016 
£ 
£ 
Accelerated capital allowances
3,131 
2,833 
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A & A Lampkin Limited Notes to the Accounts for the year ended 31 December 2017
2017 
2016 
£ 
£ 
Provision at start of year
2,833 
4,154 
Charged/(credited) to the profit and loss account
298 
(1,321)
Provision at end of year
3,131 
2,833 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr D M Lampkin
2,329 
4,100 
- 
6,429 
Mr S C Lampkin
(7,249)
- 
(4,250)
(2,999)
Mr A R C Lampkin
12,305 
- 
12,305 
- 
7,385 
4,100 
8,055 
3,430 
10
Transactions with related parties
During the year dividends totalling £34,327 (2016: £186,750) were paid to the directors and their families.
11
Average number of employees
During the year the average number of employees was 2 (2016: 3).
12
Reconciliations on adoption of FRS 102
The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective from 1st January 2015) as at 1st January 2015. Reconciliation of equity: No transitional adjustments were required. Reconciliation of profit or loss for the year: No transitional adjustments were required.
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