IRIS Accounts Production v23.3.1.45 02821585 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false false true false "A" Ordinary 1.00000 "B" Non-Voting 1.00000 "C" Non-Voting 1.00000 "D" Non-Voting 1.00000 "E" Non-Voting 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028215852022-06-30028215852023-06-30028215852022-07-012023-06-30028215852021-06-30028215852021-07-012022-06-30028215852022-06-3002821585ns10:Originalns15:EnglandWales2022-07-012023-06-3002821585ns14:PoundSterlingns10:Original2022-07-012023-06-3002821585ns10:Originalns10:Director12022-07-012023-06-3002821585ns10:Original2022-07-012023-06-3002821585ns10:Original2023-06-3002821585ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3002821585ns10:Originalns10:SmallEntities2022-07-012023-06-3002821585ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3002821585ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3002821585ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3002821585ns10:Originalns10:FullAccounts2022-07-012023-06-3002821585ns10:Original12022-07-012023-06-3002821585ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3002821585ns10:Originalns10:OrdinaryShareClass22022-07-012023-06-3002821585ns10:OrdinaryShareClass3ns10:Original2022-07-012023-06-3002821585ns10:Originalns10:OrdinaryShareClass42022-07-012023-06-3002821585ns10:Originalns10:OrdinaryShareClass52022-07-012023-06-3002821585ns10:Original2022-06-3002821585ns10:Originalns5:CurrentFinancialInstruments2023-06-3002821585ns10:Originalns5:CurrentFinancialInstruments2022-06-3002821585ns5:ShareCapitalns10:Original2023-06-3002821585ns5:ShareCapitalns10:Original2022-06-3002821585ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3002821585ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3002821585ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-07-012023-06-3002821585ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-07-012023-06-3002821585ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-07-012023-06-3002821585ns10:Originalns5:ComputerSoftware2022-07-012023-06-3002821585ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-07-012023-06-3002821585ns10:Originalns5:LeaseholdImprovements2022-07-012023-06-3002821585ns10:Originalns5:PlantMachinery2022-07-012023-06-3002821585ns10:Originalns5:FurnitureFittings2022-07-012023-06-3002821585ns10:Originalns5:MotorVehicles2022-07-012023-06-3002821585ns10:Originalns5:ComputerEquipment2022-07-012023-06-3002821585ns10:Original2021-07-012022-06-3002821585ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-06-3002821585ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-06-3002821585ns10:Originalns5:ComputerSoftware2022-06-3002821585ns10:Original2022-06-3002821585ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2023-06-3002821585ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-06-3002821585ns10:Originalns5:ComputerSoftware2023-06-3002821585ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-06-3002821585ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-06-3002821585ns10:Originalns5:ComputerSoftware2022-06-3002821585ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-06-3002821585ns10:Originalns5:LeaseholdImprovements2022-06-3002821585ns10:Originalns5:PlantMachinery2022-06-3002821585ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2023-06-3002821585ns10:Originalns5:LeaseholdImprovements2023-06-3002821585ns10:Originalns5:PlantMachinery2023-06-3002821585ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-06-3002821585ns10:Originalns5:LeaseholdImprovements2022-06-3002821585ns10:Originalns5:PlantMachinery2022-06-3002821585ns10:Originalns5:FurnitureFittings2022-06-3002821585ns10:Originalns5:MotorVehicles2022-06-3002821585ns10:Originalns5:ComputerEquipment2022-06-3002821585ns10:Originalns5:FurnitureFittings2023-06-3002821585ns10:Originalns5:MotorVehicles2023-06-3002821585ns10:Originalns5:ComputerEquipment2023-06-3002821585ns10:Originalns5:FurnitureFittings2022-06-3002821585ns10:Originalns5:MotorVehicles2022-06-3002821585ns10:Originalns5:ComputerEquipment2022-06-3002821585ns10:Originalns5:CostValuation2022-06-3002821585ns10:Originalns5:AdditionsToInvestments2023-06-3002821585ns10:Originalns5:DisposalsRepaymentsInvestments2023-06-3002821585ns10:Originalns5:RevaluationsIncreaseDecreaseInInvestments2023-06-3002821585ns10:Originalns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3002821585ns10:Originalns5:CostValuation2023-06-3002821585ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3002821585ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3002821585ns10:Originalns5:DeferredTaxation2022-06-3002821585ns10:Originalns5:DeferredTaxation2022-07-012023-06-3002821585ns10:Originalns5:DeferredTaxation2023-06-3002821585ns10:Originalns10:OrdinaryShareClass12023-06-3002821585ns10:Originalns10:OrdinaryShareClass22023-06-3002821585ns10:OrdinaryShareClass3ns10:Original2023-06-3002821585ns10:Originalns10:OrdinaryShareClass42023-06-3002821585ns10:Originalns10:OrdinaryShareClass52023-06-30
REGISTERED NUMBER: 02821585 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

LILLIDALE LTD

LILLIDALE LTD (REGISTERED NUMBER: 02821585)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Balance sheet 1

Notes to the financial statements 3


LILLIDALE LTD (REGISTERED NUMBER: 02821585)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 1,260 1,890
Tangible assets 5 206,872 184,040
Investments 6 110,994 223,527
319,126 409,457

Current assets
Stocks 238,811 270,488
Debtors 7 430,270 401,244
Cash at bank and in hand 1,015,502 1,049,730
1,684,583 1,721,462
Creditors
Amounts falling due within one year 8 338,978 347,759
Net current assets 1,345,605 1,373,703
Total assets less current liabilities 1,664,731 1,783,160

Provisions for liabilities 9 25,195 12,527
Net assets 1,639,536 1,770,633

Capital and reserves
Called up share capital 10 6 6
Retained earnings 1,639,530 1,770,627
Shareholders' funds 1,639,536 1,770,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

LILLIDALE LTD (REGISTERED NUMBER: 02821585)

BALANCE SHEET - continued
30 JUNE 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by:





Mrs M Claremont - Director


LILLIDALE LTD (REGISTERED NUMBER: 02821585)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. Statutory information

Lillidale Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 02821585. The registered office, and business address, is Pig Oak Farm, Holt, Wimborne, Dorset, BH21 7DG.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Lillidale Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents amounts receivable for goods provided in the ordinary course of business net of trade discounts and value added tax.

Revenue from the sale of goods is recognised when the goods have been received by the customer.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Licences are being amortised evenly over their estimated useful life of ten years.

Trademarks are being amortised evenly over their estimated useful life of five years.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 3% on cost
Improvements to property - 15% on cost
Plant and machinery - 15% on cost
Office furniture, fittings and equipment - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investment in subsidiary undertakings are included at fair value as long as a value can be measured reliably. This will be reviewed annually by the directors.

Stocks
Stock is valued at the lower of cost and net realisable value. Provision is made for obsolete, slow moving or defective items where appropriate.


LILLIDALE LTD (REGISTERED NUMBER: 02821585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. Accounting policies - continued
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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Government grants
The company applies the accrual model to classify grants either as a grant relating to revenue or a grant relating to assets.

Grants relating to revenue are recognised as income over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that become receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the company with no future related costs are recognised as income in the period in which they becomes receivable.

Grants relating to assets are recognised in income over the expected useful life of those assets.

Other investments
Other investments consist of a portfolio held by the company and these are included at fair value.

3. Employees and directors

The average number of employees during the year was 8 (2022 - 7 ) .

LILLIDALE LTD (REGISTERED NUMBER: 02821585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. Intangible fixed assets
Licences Trademarks Website Totals
£    £    £    £   
Cost
At 1 July 2022
and 30 June 2023 200,000 1,900 1,250 203,150
Amortisation
At 1 July 2022 200,000 760 500 201,260
Amortisation for year - 380 250 630
At 30 June 2023 200,000 1,140 750 201,890
Net book value
At 30 June 2023 - 760 500 1,260
At 30 June 2022 - 1,140 750 1,890

5. Tangible fixed assets
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
Cost
At 1 July 2022 64,911 66,840 52,800
Additions - - 3,859
At 30 June 2023 64,911 66,840 56,659
Depreciation
At 1 July 2022 2,164 59,105 43,434
Charge for year 2,163 1,657 2,573
At 30 June 2023 4,327 60,762 46,007
Net book value
At 30 June 2023 60,584 6,078 10,652
At 30 June 2022 62,747 7,735 9,366

LILLIDALE LTD (REGISTERED NUMBER: 02821585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. Tangible fixed assets - continued

Office
furniture,
fittings
and Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
Cost
At 1 July 2022 134,490 74,928 50,915 444,884
Additions 566 39,946 22,766 67,137
At 30 June 2023 135,056 114,874 73,681 512,021
Depreciation
At 1 July 2022 106,394 1,900 47,847 260,844
Charge for year 7,003 20,753 10,156 44,305
At 30 June 2023 113,397 22,653 58,003 305,149
Net book value
At 30 June 2023 21,659 92,221 15,678 206,872
At 30 June 2022 28,096 73,028 3,068 184,040

6. Fixed asset investments
Shares in
group Other
undertakings investments Totals
£    £    £   
Cost or valuation
At 1 July 2022 139,417 84,110 223,527
Additions 10,000 4,230 14,230
Disposals - (32,321 ) (32,321 )
Revaluations - 28,475 28,475
Impairments (122,917 ) - (122,917 )
At 30 June 2023 26,500 84,494 110,994
Net book value
At 30 June 2023 26,500 84,494 110,994
At 30 June 2022 139,417 84,110 223,527

Cost or valuation at 30 June 2023 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2022 - (29,827 ) (29,827 )
Valuation in 2023 (122,917 ) 28,475 (94,442 )
Cost 149,417 85,846 235,263
26,500 84,494 110,994

LILLIDALE LTD (REGISTERED NUMBER: 02821585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 358,285 320,176
Amounts owed by group undertakings 1,650 44,538
VAT 6,529 17,077
Prepayments and accrued income 63,806 19,453
430,270 401,244

8. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 169,801 229,658
Corporation tax 70,951 44,295
Social security and other taxes - 59
Pensions owing 339 360
Directors' current accounts 93,192 69,192
Accruals and deferred income 4,695 4,195
338,978 347,759

9. Provisions for liabilities
2023 2022
£    £   
Deferred tax 25,195 12,527

Deferred
tax
£   
Balance at 1 July 2022 12,527
Charge to Income statement during year 12,668
Balance at 30 June 2023 25,195

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 "A" Ordinary £1 2 2
1 "B" Non-Voting £1 1 1
1 "C" Non-Voting £1 1 1
1 "D" Non-Voting £1 1 1
1 "E" Non-Voting £1 1 1
6 6

11. Ultimate controlling party

The company is controlled by the directors, Mr M Claremont and Mrs M Claremont, by virtue of their combined 100% holding in the voting share capital.