2022-12-01 09306832 2023-11-30 09306832 2022-12-01 2023-11-30 09306832 2022-11-30 09306832 2021-12-01 2022-11-30 09306832 uk-core:WithinOneYear 2022-11-30 09306832 uk-core:WithinOneYear 2023-11-30 09306832 uk-core:ShareCapital 2023-11-30 09306832 uk-core:ShareCapital 2022-11-30 09306832 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 09306832 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 09306832 uk-bus:Director1 2022-12-01 2023-11-30 09306832 uk-core:LandBuildings 2022-12-01 2023-11-30 09306832 uk-core:PlantMachinery 2022-12-01 2023-11-30 09306832 uk-core:MotorCars 2022-12-01 2023-11-30 09306832 uk-core:MotorCars 2022-11-30 09306832 uk-core:PlantMachinery 2022-11-30 09306832 uk-core:LandBuildings 2022-11-30 09306832 uk-core:LandBuildings 2023-11-30 09306832 uk-core:PlantMachinery 2023-11-30 09306832 uk-core:MotorCars 2023-11-30 iso4217:GBP xbrli:pure 09306832 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 09306832 uk-bus:FRS102 2022-12-01 2023-11-30 09306832 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 09306832 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Loisivy Ltd
Registered Number:09306832
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
Loisivy Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09306832
As at 30 November 2023
Loisivy Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
191,169
193,226
2
191,169
193,226
Current assets
Trade and other receivables
125
725
3
28,955
Cash and cash equivalents
64,169
64,894
29,080
Trade and other payables: amounts falling due within one year
(113,294)
(145,381)
4
(84,214)
(80,487)
Net current liabilities
Total assets less current liabilities
110,682
109,012
110,682
Net assets
109,012
Capital and reserves
Called up share capital
100
100
Retained earnings
110,582
108,912
110,682
109,012
Shareholders' funds
For the year ended 30 November 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Glen Crispin Director
These financial statements were approved and authorised for issue by the Board on 12 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2023
Loisivy Ltd
Notes to the Financial Statements
Statutory Information
Loisivy Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 09306832.
Principal place of business:
17 Western Avenue
Halfway
Sheerness
Kent
ME12 3BS
Registered address:
3 Conqueror Court
Sittingbourne
Kent
ME10 5BH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0% Reducing balance
Plant and machinery
25% Reducing balance
25% Reducing balance
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 30 November 2023
Loisivy Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
Cost or valuation
At 01 December 2022
211,741
12,000
14,741
185,000
At 30 November 2023
185,000
14,741
12,000
211,741
Provision for depreciation and impairment
At 01 December 2022
18,515
5,250
13,265
-
Charge for year
2,057
1,688
369
-
At 30 November 2023
20,572
6,938
13,634
-
At 30 November 2023
Net book value
185,000
1,107
5,062
191,169
At 30 November 2022
185,000
1,476
6,750
193,226
3. Trade and other receivables
2022
2023
£
£
Other debtors
725
125
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
3,738
4,901
Taxation and social security
14,609
12,520
Other creditors
127,034
95,873
145,381
113,294
5. Average number of persons employed
During the year the average number of employees was 5 (2022 : 6)
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