1 March 2022 false No description of principal activity Taxfiler 2023.10.1 13218891business:PrivateLimitedCompanyLtd2022-03-012023-02-28 132188912022-02-28 132188912022-03-012023-02-28 13218891business:AuditExemptWithAccountantsReport2022-03-012023-02-28 13218891business:AbridgedAccounts2022-03-012023-02-28 132188912023-02-28 13218891business:Director12022-03-012023-02-28 13218891business:RegisteredOffice2022-03-012023-02-28 132188912022-02-28 13218891core:WithinOneYear2023-02-28 13218891core:WithinOneYear2022-02-28 13218891core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13218891core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 13218891core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13218891core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 13218891core:PreviouslyStatedAmount2023-02-28 13218891core:PreviouslyStatedAmount2022-02-28 13218891business:SmallEntities2022-03-012023-02-28 13218891countries:EnglandWales2022-03-012023-02-28 13218891core:PlantMachinery2022-03-012023-02-28 13218891core:ComputerEquipment2022-03-012023-02-28 132188912021-02-232022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13218891 (England and Wales)
Lola Digital Media Ltd Unaudited accounts for the year ended 28 February 2023
Lola Digital Media Ltd Unaudited accounts Contents
Page
- 2 -
Lola Digital Media Ltd Company Information for the year ended 28 February 2023
Director
Olivia Hale
Company Number
13218891 (England and Wales)
Registered Office
Office 8, North Court The Courtyard Woodlands Bradley Stoke Bristol BS32 4NQ
Accountants
Munn Accounting Ltd 64 Coed Meiri Tyla Garw Pontyclun RCT CF72 9UW
- 3 -
Lola Digital Media Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
681 
1,457 
Current assets
Debtors
3,110 
5,641 
Cash at bank and in hand
188,858 
141,144 
191,968 
146,785 
Creditors: amounts falling due within one year
(25,431)
(38,051)
Net current assets
166,537 
108,734 
Net assets
167,218 
110,191 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
167,217 
110,190 
Shareholders' funds
167,218 
110,191 
For the year ending 28 February 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 3 October 2023 and were signed on its behalf by
Olivia Hale Director Company Registration No. 13218891
- 4 -
Lola Digital Media Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Lola Digital Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 13218891. The registered office is Office 8, North Court The Courtyard, Woodlands, Bradley Stoke, Bristol, BS32 4NQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
50% Straight Line
Computer equipment
50% Straight Line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2022
2,912 
Additions
1,360 
At 28 February 2023
4,272 
Depreciation
At 1 March 2022
1,455 
Charge for the year
2,136 
At 28 February 2023
3,591 
Net book value
At 28 February 2023
681 
At 28 February 2022
1,457 
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 5 -