Lane's Storage And Removals Limited in Truro, TR4 8QW

Description

Data updated on: 01-11-2023

Registered as 00905182 fifty seven years ago, Lane's Storage And Removals Limited was set up as a Private Limited Company. Its active office address is Greenbottom, Chacewater Truro. This business's SIC and NACE codes are 49420 and their NACE code stands for Removal services. Lane's Storage And Removals Ltd reported its account information for the period that ended on 31st March 2023. Its most recent confirmation statement was released on 19th December 2022.

According to the information we have, the firm was established in May 1967 and has been run by ten directors, and out of them nine (Michael L., Matthew L., Sarah H. and 6 other directors who might be found below) are still functioning. In order to help the directors in their tasks, this particular firm has been utilizing the expertise of Sarah H. as a secretary since January 2024.

Executives who control this firm include: Mark L. owns 1/2 or less of company shares. Robert L. owns 1/2 or less of company shares. Maria R. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	127 277	22 971	88 257	249 823	214 464	237 359
Current Assets	398 207	251 902	366 551	550 049	474 556	506 362
Debtors	242 462	205 973	252 580	273 598	205 739	232 371
Net Assets Liabilities	3 545 858	3 437 255	3 486 925	3 592 161	4 484 052	4 869 692
Other Debtors	7 954	5 197	6 072	19 003	5 672	29 551
Property Plant Equipment	5 596 583	5 450 499	5 221 471	5 156 722	6 638 691	7 099 444
Total Inventories	28 468	22 958	25 714	26 628	54 353	36 632

Other Financial Data
Audit Fees Expenses	7 000	7 000	7 000	7 000	8 600	9 375
Accrued Liabilities Deferred Income	136 835	240 651	251 272	7 034
Accumulated Amortisation Impairment Intangible Assets	100 249	106 146	112 043	117 944	117 944	117 944
Accumulated Depreciation Impairment Property Plant Equipment	3 346 312	3 447 674	3 572 982	3 753 800	4 042 541	4 051 168
Additions Other Than Through Business Combinations Property Plant Equipment		376 973	123 919	309 837		826 967
Administrative Expenses	1 683 508	1 739 109	1 738 375	1 622 604	2 120 397	2 245 275
Amortisation Expense Intangible Assets	5 897	5 897	5 897	5 901
Amortisation Impairment Expense Intangible Assets		5 897	5 897	5 901
Applicable Tax Rate					19	19
Average Number Employees During Period			81	86	82	75
Balances With Banks					193 759	217 064
Bank Borrowings	498 921	599 482	515 139	719 569	428 880	720 359
Bank Borrowings Overdrafts	420 207	518 951	443 405	608 134
Banking Arrangements Classified As Cash Cash Equivalents		-418 455	-393 902	-156 609
Bank Overdrafts	308 220	418 455	393 902	156 609
Capital Commitments						129 898
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	711 708	38 404	30 723	24 578
Cash Cash Equivalents					214 464	237 359
Cash Cash Equivalents Cash Flow Value		-395 484	-305 645	93 214	214 464
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities						-364
Cash On Hand					1 051	604
Comprehensive Income Expense	186 275	94 917	262 077	290 975
Corporation Tax Payable	56 315	46 815	60 174	49 561
Cost Sales	3 115 872	3 133 327	3 046 248	2 986 849	3 039 287	3 065 874
Creditors	657 539	615 560	488 045	809 938	611 066	885 974
Current Tax For Period	67 927	46 814	60 174	49 887	134 599	97 427
Deferred Income					8 153	4 984
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws					167 908	4 880
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		-43 092	15 936	10 501	240 268	20 333
Deferred Tax Liabilities					699 613	719 946
Depreciation Amortisation Expense					332 020	357 608
Depreciation Expense Property Plant Equipment	201 027	120 073	254 848	247 039	332 020	357 608
Depreciation Impairment Expense Property Plant Equipment			328 134	315 479
Disposals Decrease In Depreciation Impairment Property Plant Equipment						-348 981
Disposals Property Plant Equipment						-357 587
Dividends Paid	207 968	203 520	212 409	185 741	-207 963	-208 000
Dividends Paid Classified As Financing Activities	-207 968	-203 520	-212 409	-185 741	-207 963	-208 000
Dividends Paid On Shares Interim		203 520	212 409	185 741
Finance Lease Liabilities Present Value Total	237 332	96 609	44 640	194 770	175 108	162 107
Finance Lease Payments Owing Minimum Gross	527 331	258 092	168 540	252 273	349 141	322 738
Finished Goods Goods For Resale	28 468	22 958	25 714	26 628
Fixed Assets	5 668 349	5 516 447	5 285 278	5 214 996	6 698 536	7 159 653
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		-100 561	84 343	-204 430		606 000
Further Item Tax Increase Decrease Component Adjusting Items		-21 850	15 936	10 501
Future Minimum Lease Payments Under Non-cancellable Operating Leases		402 500	213 500	68 250	189 000	150 344
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					135 772	87 263
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-904 483	26 632
Gain Loss In Cash Flows From Change In Deferred Items					-315	-3 169
Gain Loss In Cash Flows From Change In Inventories					22 237	-17 721
Gain Loss On Disposals Property Plant Equipment	4 171	6 150	28 700	4 181	27 199	32 345
Gross Profit Loss	1 987 865	1 882 615	2 136 443	2 029 650	3 326 766	3 031 920
Income Taxes Paid Refund Classified As Operating Activities		-56 314	-46 815	-60 499	104 392	134 599
Income Tax Expense Credit On Components Other Comprehensive Income	-19 201	-25 368	-4 778	-4 719
Increase Decrease Due To Transfers Between Classes Property Plant Equipment						639 320
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		214 541	-89 838	-398 858	-173 914	22 895
Increase Decrease In Existing Provisions						20 333
Increase From Amortisation Charge For Year Intangible Assets		5 897	5 897	5 901
Increase From Depreciation Charge For Year Property Plant Equipment		410 443	328 134	315 479		357 608
Intangible Assets	17 695	11 798	5 901
Intangible Assets Gross Cost	117 944	117 944	117 944		117 944	117 944
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	40 721	52 591	52 789	51 314	41 051	65 016
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	28 635	17 644	11 870	9 088	10 330	10 229
Interest Paid Classified As Financing Activities					-51 381	-75 245
Interest Paid Classified As Operating Activities					51 381	75 245
Interest Payable Similar Charges Finance Costs	69 356	70 235	64 659	60 402	51 381	75 245
Investments		54 150	57 906	58 274
Investments Fixed Assets	54 071	54 150	57 906	58 274	59 845	60 209
Investments In Subsidiaries					59 845	60 209
Key Management Personnel Compensation Total		578 524	618 709	485 171
Minimum Operating Lease Payments Recognised As Expense					189 000	189 000
Net Cash Flows From Used In Financing Activities		372 198	386 304	-102 422	-734 840	-239 311
Net Cash Flows From Used In Investing Activities		263 161	75 161	246 916	-1 592 031	-615 760
Net Cash Flows From Used In Operating Activities		-420 818	-551 303	-543 352	2 152 957	877 966
Net Cash Generated From Operations					2 257 349	1 012 565
Net Cash Inflow Outflow From Operations Before Movements In Working Capital					1 511 190	1 111 908
Net Current Assets Liabilities	-980 290	-1 047 430	-882 948	-379 754	-903 805	-684 041
Net Interest Paid Received Classified As Operating Activities		-70 235	-64 659	-60 402
Number Shares Issued Fully Paid		10 000			10 000	10 000
Operating Profit Loss	304 357	143 506	398 068	407 046	1 206 369	786 645
Other Creditors	628	52 206	16 526	15 055	10 110	7 343
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		309 081	202 826	134 661
Other Disposals Property Plant Equipment		421 694	227 639	193 768
Other Inventories					54 353	36 632
Other Payables Accrued Expenses					366 661	386 200
Other Taxation Social Security Payable	194 324	165 534	165 211	156 806
Par Value Share		1				1
Payments Finance Lease Liabilities Classified As Financing Activities		-269 239	-89 552	83 733	-204 664	-197 023
Pension Costs Defined Contribution Plan					240 426	241 231
Pension Other Post-employment Benefit Costs Other Pension Costs	269 139	182 570	262 980	31 000
Prepayments					12 514	14 910
Prepayments Accrued Income	30 306	19 235	21 138	18 402
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments		4 872	1 000
Proceeds From Sales Other Long-term Assets Classified As Investing Activities		79	3 756	368
Proceeds From Sales Property Plant Equipment		-118 763			36 733	40 951
Profit Loss	167 074	69 549	257 299	286 256	780 121	593 640
Profit Loss On Ordinary Activities Before Tax	235 001	73 271	333 409	346 644	1 154 988	711 400
Property Plant Equipment Gross Cost	8 942 894	8 898 173	8 794 453	8 910 522	10 681 232	11 150 612
Provisions					699 613	719 946
Provisions For Liabilities Balance Sheet Subtotal	484 662	416 202	427 360	433 143	699 613	719 946
Purchase Property Plant Equipment	-539 095	-376 973	-123 919	-309 837	-1 628 764	-656 347
Repayments Borrowings Classified As Financing Activities					-270 832	-365 043
Revenue From Rendering Services					6 366 053	6 097 794
Short-term Deposits Classified As Cash Equivalents					19 654	19 691
Social Security Costs	151 694	175 004	171 521	180 108	189 121	207 474
Staff Costs Employee Benefits Expense	2 165 381	2 301 860	2 335 934	2 091 952	2 564 431	2 597 244
Taxation Including Deferred Taxation Balance Sheet Subtotal	484 662	416 202	427 360	433 143
Taxation Social Security Payable					206 844	195 540
Tax Decrease Increase From Effect Tax Incentives					-5 579	-14 008
Tax Expense Credit Applicable Tax Rate		13 921	63 348	65 862	219 448	135 166
Tax Increase Decrease From Effect Capital Allowances Depreciation	20 927	9 218	18 195	-16 233
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings		729
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings		729
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		121	156	258	9 464	8 993
Tax Increase Decrease From Other Tax Effects Tax Reconciliation					-16 374	-17 271
Tax Tax Credit On Profit Or Loss On Ordinary Activities	67 927	3 722	76 110	60 388	374 867	117 760
Total Assets Less Current Liabilities	4 688 059	4 469 017	4 402 330	4 835 242	5 794 731	6 475 612
Total Borrowings	420 207	1 017 937	909 041	876 178	602 913	880 990
Total Operating Lease Payments	149 823	163 861	189 000	189 000	2 141	1 754
Trade Creditors Trade Payables	313 462	133 657	166 780	145 612	330 253	238 642
Trade Debtors Trade Receivables	204 202	181 541	225 370	236 193	187 553	187 910
Turnover Revenue	5 103 737	5 015 942	5 182 691	5 016 499	6 366 053	6 097 794
Unpaid Contributions To Pension Schemes					8 628	7 508
Wages Salaries	1 744 548	1 944 286	1 901 433	1 880 844	2 134 884	2 148 539
Company Contributions To Defined Benefit Plans Directors	40 000	40 000	40 000	31 000
Company Contributions To Money Purchase Plans Directors					121 308	125 000
Director Remuneration			149 657	179 912	237 178	458 237
Director Remuneration Benefits Including Payments To Third Parties		194 547	189 657	210 912
Number Directors Accruing Benefits Under Defined Benefit Scheme					7	7

Maria R.

Role: Secretary

Appointed: 31 August 2008

Resigned: 12 January 2024

Latest update: 29 January 2024

Sylvia L.

Role: Secretary

Appointed: 31 October 2003

Resigned: 31 August 2008

Latest update: 29 January 2024

Michael L.

Role: Secretary

Appointed: 19 January 1992

Resigned: 31 October 2003

Latest update: 29 January 2024

Robert L.

Role: Director

Appointed: 19 January 1992

Resigned: 17 May 2004

Latest update: 29 January 2024

People with significant control

Mark L.

Notified on 21 December 2016

Nature of control:

1/2 or less of shares

Robert L.

Notified on 19 December 2017

Nature of control:

1/2 or less of shares

Maria R.

Notified on 19 December 2017

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	02 January 2024
Confirmation statement last made up date	19 December 2022

Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Lane's Storage And Removals Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Michael L.

Sarah H.

Matthew L.

Sarah H.

Alexandra L.

Emma L.

Maria R.

Mark L.

Sylvia L.

Robert L.

Maria R.

Sylvia L.

Michael L.

Robert L.

People with significant control

Mark L.

Robert L.

Maria R.

Accounts Documents

Company filings

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