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REGISTERED NUMBER: 09991849 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

LOVE EXPERIENCE LTD

LOVE EXPERIENCE LTD (REGISTERED NUMBER: 09991849)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


LOVE EXPERIENCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 March 2024







DIRECTORS: Mr J C Lovatt-young
Mrs G Lovatt-Young





REGISTERED OFFICE: 41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX





REGISTERED NUMBER: 09991849 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

LOVE EXPERIENCE LTD (REGISTERED NUMBER: 09991849)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 1,560 19,500
Cash at bank 707,739 731,045
709,299 750,545
CREDITORS
Amounts falling due within one year 6 46,122 63,069
NET CURRENT ASSETS 663,177 687,476
TOTAL ASSETS LESS CURRENT
LIABILITIES

663,177

687,476

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 663,176 687,475
SHAREHOLDERS' FUNDS 663,177 687,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 19 April 2024 and were signed on its behalf by:





Mr J C Lovatt-young - Director


LOVE EXPERIENCE LTD (REGISTERED NUMBER: 09991849)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024

1. STATUTORY INFORMATION

Love Experience Ltd 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.
Computer equipment - 33% on cost

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.

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 2,249
DEPRECIATION
At 1 April 2023
and 31 March 2024 2,249
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,560 19,500

LOVE EXPERIENCE LTD (REGISTERED NUMBER: 09991849)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 39 -
Tax 3,237 11,954
VAT 5,526 1,848
Directors' current accounts 37,320 49,267
46,122 63,069

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors is a balance owed to the director of £37,320 (2023 £49,267). This loan is repayable on demand and does not attract interest.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J C Lovatt-young.