Company Registration No. 09389364 (England and Wales)
LALOPA LIMITED
Unaudited accounts
for the year ended 31 January 2023
LALOPA LIMITED
Unaudited accounts
Contents
LALOPA LIMITED
Company Information
for the year ended 31 January 2023
Directors
Thomas Paul Oakman
Laura Kay Skinner
Secretary
Laura Kay Skinner
Company Number
09389364 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
ENGLAND
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
LALOPA LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
9,710
10,602
Cash at bank and in hand
850
3,527
Creditors: amounts falling due within one year
(44,720)
(38,397)
Net current assets
2,063
3,104
Total assets less current liabilities
11,773
13,706
Creditors: amounts falling due after more than one year
(11,333)
(13,667)
Called up share capital
2
2
Profit and loss account
438
37
Shareholders' funds
440
39
For the year ending 31 January 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Laura Kay Skinner
Director
Company Registration No. 09389364
LALOPA LIMITED
Notes to the Accounts
for the year ended 31 January 2023
LALOPA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09389364. The registered office is 20-22 Wenlock Road, London, N1 7GU, ENGLAND.
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.
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
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.
Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.
The accounts are presented in £ sterling.
LALOPA LIMITED
Notes to the Accounts
for the year ended 31 January 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
33,031
5,945
3,100
42,076
Additions
2,017
336
-
2,353
At 31 January 2023
35,048
6,281
3,100
44,429
At 1 February 2022
25,742
3,046
2,686
31,474
Charge for the year
2,330
811
104
3,245
At 31 January 2023
28,072
3,857
2,790
34,719
At 31 January 2023
6,976
2,424
310
9,710
At 31 January 2022
7,289
2,899
414
10,602
Amounts falling due within one year
Trade debtors
4,475
10,096
Other debtors
41,458
27,878
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,025
5,554
Taxes and social security
30,340
31,843
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan advanced
21,023
10,071
-
31,094
LALOPA LIMITED
Notes to the Accounts
for the year ended 31 January 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).