Company Registration No. 08538340 (England and Wales)
LIONHOUSE CREATIVE LIMITED
Unaudited accounts
for the year ended 31 March 2023
LIONHOUSE CREATIVE LIMITED
Unaudited accounts
Contents
LIONHOUSE CREATIVE LIMITED
Company Information
for the year ended 31 March 2023
Directors
A S Webber
D R Yeo
Company Number
08538340 (England and Wales)
Registered Office
4 RIVERS STREET PLACE
BATH
BA1 2RS
ENGLAND
Accountants
Mutu Accountancy Ltd
7 Chelsea Road
Bath
BA1 3DU
LIONHOUSE CREATIVE LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
29,267
38,434
Cash at bank and in hand
121,130
92,993
Creditors: amounts falling due within one year
(57,724)
(53,775)
Net current assets
121,809
97,465
Total assets less current liabilities
151,076
135,899
Creditors: amounts falling due after more than one year
-
(24,424)
Net assets
151,076
111,475
Called up share capital
100
100
Profit and loss account
149,986
110,385
Shareholders' funds
151,076
111,475
For the year ending 31 March 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 1 November 2023 and were signed on its behalf by
D R Yeo
Director
Company Registration No. 08538340
LIONHOUSE CREATIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
LIONHOUSE CREATIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08538340. The registered office is 4 RIVERS STREET PLACE, BATH, BA1 2RS, 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.
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:
Land & buildings
10 year straight line
Plant & machinery
33% straight line
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
LIONHOUSE CREATIVE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
29,782
11,613
8,291
50,881
100,567
Additions
-
-
-
1,920
1,920
At 31 March 2023
29,782
11,613
8,291
52,801
102,487
At 1 April 2022
2,978
9,728
6,835
42,592
62,133
Charge for the year
2,978
1,314
364
6,431
11,087
At 31 March 2023
5,956
11,042
7,199
49,023
73,220
At 31 March 2023
23,826
571
1,092
3,778
29,267
At 31 March 2022
26,804
1,885
1,456
8,289
38,434
Amounts falling due within one year
Trade debtors
51,376
55,489
Accrued income and prepayments
7,027
2,758
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
10,000
Taxes and social security
26,781
25,146
Other creditors
7,564
1,249
Loans from directors
5,518
2,478
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).