IRIS Accounts Production v23.3.1.45 11878210 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118782102022-03-31118782102023-03-31118782102022-04-012023-03-31118782102021-03-31118782102021-04-012022-03-31118782102022-03-3111878210ns10:Originalns15:EnglandWales2022-04-012023-03-3111878210ns14:PoundSterlingns10:Original2022-04-012023-03-3111878210ns10:Originalns10:Director12022-04-012023-03-3111878210ns10:Original2022-04-012023-03-3111878210ns10:Original2023-03-3111878210ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3111878210ns10:Originalns10:SmallEntities2022-04-012023-03-3111878210ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3111878210ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111878210ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3111878210ns10:Originalns10:AbridgedAccounts2022-04-012023-03-3111878210ns10:Original12022-04-012023-03-3111878210ns10:Originalns10:RegisteredOffice2022-04-012023-03-3111878210ns10:Original2022-03-3111878210ns10:Originalns5:CurrentFinancialInstruments2023-03-3111878210ns10:Originalns5:CurrentFinancialInstruments2022-03-3111878210ns10:Originalns5:Non-currentFinancialInstruments2023-03-3111878210ns10:Originalns5:Non-currentFinancialInstruments2022-03-3111878210ns5:ShareCapitalns10:Original2023-03-3111878210ns5:ShareCapitalns10:Original2022-03-3111878210ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3111878210ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3111878210ns10:Originalns5:NetGoodwill2022-04-012023-03-3111878210ns10:Originalns5:FurnitureFittings2022-04-012023-03-3111878210ns10:Original2021-04-012022-03-3111878210ns10:Original2022-03-31
REGISTERED NUMBER: 11878210 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2023

for

Loftedd Limited

Loftedd Limited (Registered number: 11878210)






Contents of the Financial Statements
for the year ended 31st March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Loftedd Limited

Company Information
for the year ended 31st March 2023







DIRECTOR: Mrs C M Robinson





REGISTERED OFFICE: 129 High Street
Teddington
Middlesex
TW11 8HJ





REGISTERED NUMBER: 11878210 (England and Wales)





ACCOUNTANTS: Butters & Company
Chartered Accountants
129 High Street
Teddington
Middlesex
TW11 8HJ

Loftedd Limited (Registered number: 11878210)

Abridged Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 134,848 140,977
Tangible assets 5 884 1,193
135,732 142,170

CURRENT ASSETS
Stocks 69,762 59,818
Cash at bank and in hand 19,244 38,146
89,006 97,964
CREDITORS
Amounts falling due within one year 73,909 63,440
NET CURRENT ASSETS 15,097 34,524
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,829

176,694

CREDITORS
Amounts falling due after more than one
year

131,567

166,567
NET ASSETS 19,262 10,127

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,162 10,027
19,262 10,127

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Loftedd Limited (Registered number: 11878210)

Abridged Balance Sheet - continued
31st March 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 28th November 2023 and were signed by:





Mrs C M Robinson - Director


Loftedd Limited (Registered number: 11878210)

Notes to the Financial Statements
for the year ended 31st March 2023

1. STATUTORY INFORMATION

Loftedd 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 represents the value of goods sold, excluding value added tax.

Goodwill
Goodwill represents the cost of acquisition of the business. Amortisation is provided at 4% per annum.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 15 ) .

Loftedd Limited (Registered number: 11878210)

Notes to the Financial Statements - continued
for the year ended 31st March 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2022
and 31st March 2023 153,235
AMORTISATION
At 1st April 2022 12,258
Amortisation for year 6,129
At 31st March 2023 18,387
NET BOOK VALUE

At 31st March 2023 134,848
At 31st March 2022 140,977

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2022
and 31st March 2023 2,071
DEPRECIATION
At 1st April 2022 878
Charge for year 309
At 31st March 2023 1,187
NET BOOK VALUE
At 31st March 2023 884
At 31st March 2022 1,193

6. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs C M Robinson.