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REGISTERED NUMBER: 07160936 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Ladybill Limited

Ladybill Limited (Registered number: 07160936)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ladybill Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs C Allen
B G Eades





REGISTERED OFFICE: Universal Square
Building 2
3rd Floor
Devonshire Street North
Manchester
M12 6JH





REGISTERED NUMBER: 07160936 (England and Wales)





ACCOUNTANTS: Uppal & Warr
Chartered Accountants
452 Manchester Road
Heaton Chapel
Stockport
SK4 5DL

Ladybill Limited (Registered number: 07160936)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,344,045 4,225,857

CURRENT ASSETS
Debtors 5 3,762,062 3,490,980
Cash at bank - 479
3,762,062 3,491,459
CREDITORS
Amounts falling due within one year 6 418,494 148,686
NET CURRENT ASSETS 3,343,568 3,342,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,687,613

7,568,630

CREDITORS
Amounts falling due after more than one
year

7

6,142,095

6,142,095
NET ASSETS 1,545,518 1,426,535

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 1,545,517 1,426,534
SHAREHOLDERS' FUNDS 1,545,518 1,426,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Ladybill Limited (Registered number: 07160936)

Balance Sheet - continued
31 March 2023


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 5 October 2023 and were signed on its behalf by:





Mrs C Allen - Director


Ladybill Limited (Registered number: 07160936)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Ladybill 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided

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 (2022 - 2 ) .

Ladybill Limited (Registered number: 07160936)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2022 4,225,857
Additions 118,188
At 31 March 2023 4,344,045
NET BOOK VALUE
At 31 March 2023 4,344,045
At 31 March 2022 4,225,857

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 120,971 21,994
Net service charges - 40,796
Other debtors 1,479 3,022
Associated company loans 3,572,543 3,266,192
VAT - 5,155
Accrued income 27,723 70,532
Prepayments 39,346 83,289
3,762,062 3,490,980

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 40,521 -
Trade creditors 64,752 36,530
Net service charges 120,211 -
VAT 23,327 -
Deposits 87,733 55,943
Deferred income 76,253 55,213
Accrued expenses 5,697 1,000
418,494 148,686

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 6,142,095 6,142,095

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1

Ladybill Limited (Registered number: 07160936)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. RESERVES
Retained
earnings
£   

At 1 April 2022 1,426,534
Profit for the year 118,983
At 31 March 2023 1,545,517