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REGISTERED NUMBER: 04216457 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2022

for

Ladylea Limited

Ladylea Limited (Registered number: 04216457)






Contents of the Financial Statements
for the Year Ended 31st March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ladylea Limited

Company Information
for the Year Ended 31st March 2022







DIRECTORS: Mr A J Smith
Mr R B Holmes





SECRETARY: Mrs M A Holmes





REGISTERED OFFICE: Shuckstone Fields Farm
Shuckstone Lane
Wheatcroft
Nr Matlock
Derbyshire
DE4 5GT





REGISTERED NUMBER: 04216457 (England and Wales)

Ladylea Limited (Registered number: 04216457)

Balance Sheet
31st March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,505,923 939,066

CURRENT ASSETS
Debtors 5 359,362 377,837
Cash at bank and in hand 31,615 17,108
390,977 394,945
CREDITORS
Amounts falling due within one year 6 129,786 157,307
NET CURRENT ASSETS 261,191 237,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,767,114

1,176,704

CREDITORS
Amounts falling due after more than one
year

7

(585,689

)

(600,333

)

PROVISIONS FOR LIABILITIES 9 (109,143 ) -
NET ASSETS 1,072,282 576,371

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 568,514 -
Retained earnings 503,668 576,271
SHAREHOLDERS' FUNDS 1,072,282 576,371

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Ladylea Limited (Registered number: 04216457)

Balance Sheet - continued
31st March 2022


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd August 2022 and were signed on its behalf by:





Mr R B Holmes - Director


Ladylea Limited (Registered number: 04216457)

Notes to the Financial Statements
for the Year Ended 31st March 2022

1. STATUTORY INFORMATION

Ladylea Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Investment property - in accordance with the property
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Ladylea Limited (Registered number: 04216457)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Investment Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1st April 2021 931,486 48,711 9,756 660 990,613
Revaluations 568,514 - - - 568,514
At 31st March 2022 1,500,000 48,711 9,756 660 1,559,127
DEPRECIATION
At 1st April 2021 - 41,829 9,511 207 51,547
Charge for year - 1,376 61 220 1,657
At 31st March 2022 - 43,205 9,572 427 53,204
NET BOOK VALUE
At 31st March 2022 1,500,000 5,506 184 233 1,505,923
At 31st March 2021 931,486 6,882 245 453 939,066

Cost or valuation at 31st March 2022 is represented by:

Fixtures
Investment Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
Valuation in 2022 568,514 - - - 568,514
Cost 931,486 48,711 9,756 660 990,613
1,500,000 48,711 9,756 660 1,559,127

If Investment property had not been revalued it would have been included at the following historical cost:

2022 2021
£    £   
Cost 931,486 931,486

The investment property was valued on an open market basis on 31st March 2022 by The directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 11,017 13,701
Other debtors 348,345 364,136
359,362 377,837

Ladylea Limited (Registered number: 04216457)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 56,612 56,612
Trade creditors 1,221 376
Taxation and social security 26,191 63,122
Other creditors 45,762 37,197
129,786 157,307

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 585,689 600,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years payable by
instalments

358,198

372,842

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 642,301 656,945

9. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 109,143 -

Deferred
tax
£   
Movement in the year 109,143
Balance at 31st March 2022 109,143

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

Ladylea Limited (Registered number: 04216457)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022

11. RESERVES
Fair
value
reserve
£   
Revaluation 568,514

At 31st March 2022 568,514