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REGISTERED NUMBER: 11328092 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31st March 2023

for

Lesser-Spotted Furniture Limited

Lesser-Spotted Furniture Limited (Registered number: 11328092)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lesser-Spotted Furniture Limited

Company Information
for the Year Ended 31st March 2023







DIRECTOR: Mrs V L M Edwards





REGISTERED OFFICE: Yew Tree Farm
Maker Lane
Hoar Cross
Burton-On-Trent
Staffordshire
DE13 8QR





REGISTERED NUMBER: 11328092 (England and Wales)





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
14a Market Place
Uttoxeter
Staffordshire
ST14 8HP

Lesser-Spotted Furniture Limited (Registered number: 11328092)

Balance Sheet
31st March 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 - 113
Cash at bank 34 140
34 253
CREDITORS
Amounts falling due within one year 5 17,465 13,329
NET CURRENT LIABILITIES (17,431 ) (13,076 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,431

)

(13,076

)

CREDITORS
Amounts falling due after more than one
year

6

8,439

11,908
NET LIABILITIES (25,870 ) (24,984 )

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 20,990 20,990
Retained earnings (46,960 ) (46,074 )
SHAREHOLDERS' FUNDS (25,870 ) (24,984 )

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.

Lesser-Spotted Furniture Limited (Registered number: 11328092)

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.

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 22nd December 2023 and were signed by:





Mrs V L M Edwards - Director


Lesser-Spotted Furniture Limited (Registered number: 11328092)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. STATUTORY INFORMATION

Lesser-Spotted Furniture 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 and value added tax. Turnover is recognised upon despatch of the related goods.

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
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.

3. EMPLOYEES AND DIRECTORS

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

Lesser-Spotted Furniture Limited (Registered number: 11328092)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 113

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,695 4,325
Trade creditors 3,856 3,325
Other creditors 8,914 5,679
17,465 13,329

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 8,439 11,908

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2023 and 31st March 2022:

2023 2022
£    £   
Mrs V L M Edwards
Balance outstanding at start of year - 3,423
Amounts advanced - 7,995
Amounts repaid - (11,418 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

No interest was paid to the company in respect of these advances and there were no fixed terms for repayment.