IRIS Accounts Production v23.3.1.45 13372722 director 1.6.22 31.5.23 31.5.23 0 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 D Ordinary 1.00000 E Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133727222022-05-31133727222023-05-31133727222022-06-012023-05-31133727222021-05-03133727222021-05-042022-05-31133727222022-05-3113372722ns10:Originalns15:EnglandWales2022-06-012023-05-3113372722ns14:PoundSterlingns10:Original2022-06-012023-05-3113372722ns10:Originalns10:Director12022-06-012023-05-3113372722ns10:Original2022-06-012023-05-3113372722ns10:Original2023-05-3113372722ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3113372722ns10:Originalns10:SmallEntities2022-06-012023-05-3113372722ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3113372722ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3113372722ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3113372722ns10:Originalns10:FullAccounts2022-06-012023-05-3113372722ns10:Original2021-05-042022-05-3113372722ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3113372722ns10:Originalns10:OrdinaryShareClass22022-06-012023-05-3113372722ns10:OrdinaryShareClass3ns10:Original2022-06-012023-05-3113372722ns10:Originalns10:OrdinaryShareClass42022-06-012023-05-3113372722ns10:Originalns10:OrdinaryShareClass52022-06-012023-05-3113372722ns10:Originalns10:RegisteredOffice2022-06-012023-05-3113372722ns10:Original2022-05-3113372722ns10:Originalns5:CurrentFinancialInstruments2023-05-3113372722ns10:Originalns5:CurrentFinancialInstruments2022-05-3113372722ns10:Originalns5:Non-currentFinancialInstruments2023-05-3113372722ns10:Originalns5:Non-currentFinancialInstruments2022-05-3113372722ns5:ShareCapitalns10:Original2023-05-3113372722ns5:ShareCapitalns10:Original2022-05-3113372722ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3113372722ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3113372722ns10:Originalns5:FurnitureFittings2022-06-012023-05-3113372722ns10:Originalns5:FurnitureFittings2023-05-3113372722ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3113372722ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3113372722ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-05-3113372722ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-05-3113372722ns10:Originalns10:OrdinaryShareClass12023-05-3113372722ns10:Originalns10:OrdinaryShareClass22023-05-3113372722ns10:OrdinaryShareClass3ns10:Original2023-05-3113372722ns10:Originalns10:OrdinaryShareClass42023-05-3113372722ns10:Originalns10:OrdinaryShareClass52023-05-31
REGISTERED NUMBER: 13372722 (England and Wales)











Financial Statements

for the Year Ended 31 May 2023

for

LILY BROKERS LTD

LILY BROKERS LTD (REGISTERED NUMBER: 13372722)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LILY BROKERS LTD

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mrs D Wood





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 13372722 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

LILY BROKERS LTD (REGISTERED NUMBER: 13372722)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 377 -

CURRENT ASSETS
Debtors 5 125,250 18,000
Cash at bank 18,709 180,889
143,959 198,889
CREDITORS
Amounts falling due within one year 6 72,739 147,674
NET CURRENT ASSETS 71,220 51,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,597

51,215

CREDITORS
Amounts falling due after more than one year 7 70,000 -
NET ASSETS 1,597 51,215

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,497 51,115
SHAREHOLDERS' FUNDS 1,597 51,215

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

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

LILY BROKERS LTD (REGISTERED NUMBER: 13372722)

Balance Sheet - continued
31 May 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 8 February 2024 and were signed by:





Mrs D Wood - Director


LILY BROKERS LTD (REGISTERED NUMBER: 13372722)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Lily Brokers 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.

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, 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.
Fixtures and fittings - 15% on reducing balance

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.

Going concern
The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

LILY BROKERS LTD (REGISTERED NUMBER: 13372722)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 408
At 31 May 2023 408
DEPRECIATION
Charge for year 31
At 31 May 2023 31
NET BOOK VALUE
At 31 May 2023 377

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors - 18,000
Other debtors - ECRIC loan 105,000 -
Prepayments and accrued income 20,250 -
125,250 18,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed to group undertakings 35,000 -
Tax 5,309 36,390
VAT 596 5,947
Other creditors 14,860 102,400
Directors' current accounts 312 2,212
Accruals and deferred income 16,662 725
72,739 147,674

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Other loans (see note 8) 70,000 -

8. LOANS

An analysis of the maturity of loans is given below:

31.5.23 31.5.22
£    £   
Amounts falling due between two and five years:
Other loans - 2-5 years 70,000 -

LILY BROKERS LTD (REGISTERED NUMBER: 13372722)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
96 A Ordinary £1 96 96
1 B Ordinary £1 1 1
1 C Ordinary £1 1 1
1 D Ordinary £1 1 1
1 E Ordinary £1 1 1
100 100

10. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors due within one year is £312 (2022: £2,212), due and payable to the director. The amount is interest free and repayable on demand.

At the balance sheet date the company owed £35,000 (2022: £Nil) to Vet Dynamics UK Ltd. The companies are related parties by virtue of the fact that they are under common control.